Houston Steel, Container Volumes Increase
Joseph Bonney
Fri, 10/01/2010 - 14:30
The Journal of Commerce Online - News Story
Alternating trend reflects up and down overall economy
Steel and container volumes rose last month at the Port of Houston. The change followed what port CEO Alec G. Dreyer described as a "good month, bad month" pattern reflecting the overall economy.
Steel volume during August totaled 285,000 tons, a fourfold increase from a year earlier. Port CEO Alex G. Dreyer said export steel volume of 60,467 tons was the highest since March 2008. He said overall steel volume during September is expected to total 320,000 to 325,000 tons.
Container traffic in August totaled 152,077 20-foot-equivalent units, up 8.2 percent from a year earlier. Imports rose 6.2 percent to 71,702 TEUs while exports increased 9.2 percent to 80,375 TEUs. Volume through August totaled 1.2 million TEUs, an increase of 2.3 percent.
The port commission signed a two-year, $340,000 contract with Ben Line Agencies Limited Singapore to help the port promote its trade with Asia. Houston handles two-thirds of the container traffic through Gulf ports and is trying to attract Asian services through the Panama Canal, which is adding larger locks to accommodate 12,000-TEU ships.
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