Port Houston continued its remarkable year with 20% TEU growth in August, reaching 367,653 twenty-foot equivalent units (TEUs) during the month. Over the first eight months of the year, total container volumes reached 2,791,127 TEUs, an 11% increase over the same period in 2023.

Loaded import TEUs at Port Houston's container terminals increased 9% in August compared to August 2023, driven by a robust retail market and healthy consumer spending. Year-to-date, loaded imports are up 9%. On the export side, loaded containers are up 19% in August and 13% for the year, with resins continuing to drive these volumes. Port Houston remains the top U.S. gateway for resin exports, holding a 60% market share. In total, loaded container volumes have increased by 10% so far this year compared to last.

At Port Houston's multipurpose facilities steel imports were up 15% in August compared to last year, although year-to-date volumes are down 10%. Plywood, self-propelled machinery, and wind power equipment increased notably this month. Total tonnage across all facilities remains on the rise, up 5% year-to-date compared to 2023 and totaling 35,433,600 tons.

Source: Port Houston

 

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