Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
March sees surge in cargo volume at US Gulf Coast Ports

March sees surge in cargo volume at US Gulf Coast Ports

Posted on April 29, 2024   |  

Container cargo volumes surged at ports in Houston, New Orleans, and Mobile, Alabama, during March.

Port Houston saw a notable increase, handling 360,991 twenty-foot equivalent units (TEUs) in March, marking a 20% year-over-year rise.

Throughout the first quarter, total cargo flows through the Houston Ship Channel and Port Houston's container facilities, Barbours Cut and Bayport, increased by 4%.

Increased consumer spending on items such as furniture and appliances contributed to a 23% year-over-year rise in loaded import volumes in March and a 14% increase year-to-date.

Port Houston managed 1.06 million TEUs from January to March, reflecting a 15% surge compared to the same period in 2023.

Loaded export volumes, primarily of resins, also experienced a notable uptick, rising by 12% year-over-year in March and 15% year-to-date to reach 404,124 TEUs.

The Port of New Orleans reported a 24% year-over-year increase, handling 45,214 TEUs in March.

The Port of Corpus Christi observed a slight decline in total cargo, down 1.7% year-over-year to 17.2 million tons in March.



Previous Next