Houston’s need for additional space comes as it hopes to begin funding a multi-year channel widening project by next year amid a building boom for container ship capacity along the US Gulf Coast.
Saturday November 28, 2020
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Texas
Texas
Press Releases
07 Sep 2020
The Port of Brownsville is "headed for a record year" in wind energy cargo, according to port officials, a development that is helping to offset the loss of volume related to three LNG export projects currently on hold owing to the COVID-19 pandemic.
04 Sep 2020
Port Freeport, Texas, in August opened 20 newly paved acres for handling growing roll-on, roll-off (ro-ro) cargo from original equipment manufacturers (OEMs).
03 Sep 2020
The neighboring ports of Beaumont and Port Arthur in eastern Texas only suffered minor damage from the category 4 Hurricane Laura, but both have seen cargo volume decline in the first half of 2020 as the COVID-19 recession put pressure on oil pricing, prompting a pullback in oil and gas capital projects.
28 Aug 2020
Both of Houston’s container terminals were shut for two days this week as a precaution as Hurricane Laura approached the Gulf Coast.
13 Aug 2020
Truck rates out of Texas are soaring because of rising demand in the US for goods made in Mexico, especially home appliances and electronics, but demand is sagging in the other direction because of the devaluation of the peso.
22 Jun 2020
The latest federal funds for the Port of Houston will go to restoring 2,700 linear feet of wharf and upgrading 84 acres of yard space at Barbours Cut Terminal.
19 Jun 2020
Steady exports so far this year mean containerized US resin, an important backhaul cargo for ocean carriers, could see slight growth this year.
26 May 2020
Produce shipments from western and southern US states provoked a refrigerated spot rate spike in May, and some truck shortages in California.
14 Feb 2020
The Port of Houston has been awarded a $21.8 million federal grant to help fund the extension of a berth at the Bayport Container Terminal.
22 Jan 2020
The freight market has returned closer to equilibrium between shippers and truckers than last year, but a murky middle persists over whether business conditions will flip toward carriers later this year.
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