HOUSTON—Port Houston saw a 5% drop in container volume in July 2024 compared to the same period last year, processing 325,277 TEUs. The month was marked by operational challenges, including Hurricane Beryl and a global system outage that briefly disrupted activity. However, the port remains on track for a strong year overall, with year-to-date figures showing a 10% increase in container volumes, reaching 2,423,474 TEUs. Expectations are high for a robust peak season ahead.
Loaded imports have surged 9% year-to-date, exceeding 1 million TEUs. This growth is largely driven by heightened consumer demand and the establishment of new import distribution centers in the region. Many importers have adjusted their supply chains to channel more volume through Houston, enhancing the port’s role in the logistics network. On the export side, loaded volumes are up 12% year-to-date, primarily fueled by the thriving resin market. Port Houston remains the dominant gateway for resin exports in the U.S., holding a 60% market share. Despite minor dips in July, total container volumes have risen 10% year-to-date, with stronger trade links emerging with the Caribbean, South America, and East Asia. Empty container volumes have also increased by 10%, as carriers reposition assets to handle incoming shipments.
“Our double-digit growth so far this year underscores Port Houston’s resilience and strategic significance in the global supply chain, and we are expecting a strong third quarter,” said Roger Guenther, Executive Director at Port Houston. “Locally, we faced some challenges this month, but our team excelled at rebounding quickly and maintaining the first-rate customer service Port Houston is known for. I’m immensely proud of our team, and as I transition into retirement at the end of this month, I am certain the Port will continue its successful trajectory for many years to come.”
Looking ahead, Port Houston is committed to expanding its capabilities with significant infrastructure investments. Later this month, the port will receive three new ship-to-shore (STS) cranes at the Bayport Container Terminal, bolstering capacity and efficiency at Wharf 6 and Wharf 2. These additions are a key part of the port’s long-term growth strategy.
Despite a 14% decrease in steel volumes in July compared to the previous year and a 9% year-to-date decline, other sectors are showing mixed results. General cargo is down 12% year-to-date, while products like plywood, wind power equipment, and wood/fiberboard have seen gains. Overall, total tonnage across all facilities remains positive, with a 3% increase year-to-date, totaling 30,888,040 tons.
