- November Marks the Busiest Month Yet with 369,361 TEUs, a 24% Increase.
- Resins Dominate Exports, Representing 45% of Total Volumes.
- Steel Imports Surge 34% in November Despite General Cargo Dip.
Port Houston is on track to wrap up 2024 as one of its best, moving a record 3,799,573 twenty-foot equivalent units (TEUs) through November. That’s a 9% increase over the same period last year. For the month, it recorded the busiest month of the year, with 369,361 TEUs—a staggering 24% year-over-year increase, reports Port of Houston.
Surge in Containerized cargo and key commodities
Loaded imports in November rose 19% compared with last year’s, boosted by strong demand for consumer goods and machinery, while loaded exports grew 16%, driven by robust resin shipments. Resins account for 45% of Port Houston’s export volumes and underscore its position as the nation’s leading gateway for this crucial commodity.
In contrast, general cargo volumes at the Port’s multi-purpose facilities were down 3% year-to-date. However, steel imports were up 34% in November, indicating high industrial demand. For the year, total tonnage at all public facilities stands at 48,466,585 tons, a year-to-date increase of 5%.
CEO Highlights Success and Vision for the Future
“This year has been nothing short of exceptional,” said Charlie Jenkins, CEO of Port Houston. “Our record-breaking volumes speak to the trust our customers place in us, the dedication of our team, and our strategic investments to stay ahead of industry needs. The momentum we’ve built in 2024 lays the groundwork for continued growth next year and beyond.”
Federal Grant Fuels Infrastructure
Port Houston’s successes in 2024 aren’t all about operations metrics. The port recently won a $25 million award through the U.S. Department of Transportation’s Maritime Administration’s Port Infrastructure Development Program. Among other critical work, the award will help support efforts aimed at increasing grain export productivity, lowering emissions, and improving stormwater management in the community.
Commitment to Responsible Growth
“This federal grant is more than an investment in our infrastructure—it’s an investment in our future,” Jenkins stated. “It equips Port Houston to grow responsibly and meet global trade demands, and at the same time provide greater value to our community. It’s a win all around.”
Port Houston’s focus on sustainability, resilience, and economic growth continues to position it as a leader in global trade and a key driver of regional development.
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Source: Port Of Houston
