Skip to content
Search AI Powered

Latest Stories

Port Houston passes 2 million TEUs in first half of 2024

Growing port has acquired 26 new rubber-tired gantry cranes in past eight months.

houston Screenshot 2024-07-30 at 2.24.56 PM.png

Port Houston, the fifth-largest container port in the nation, has surpassed the two million twenty foot equivalent (TEU) mark faster than ever, saying Monday that it had handled 2,098,117 TEUs among its terminals through the first six months of the year.

That pace represents a double-digit increase of 13% year-to-date, compared to the first half of last year. And for June specifically, 339,157 TEUs were managed at the Port's facilities, reflecting a 7% increase compared to June 2023.


To handle that hot growth, the port has acquired 26 new rubber-tired gantry (RTG) cranes since December 2023, including six additional hybrid-electric RTGs this June. Additionally, by the end of this year, 15,000-TEU-class neo-Panamax vessels will be able to berth at Bayport as the Port continues to make progress on its Houston Ship Channel Expansion, widely known as Project 11.

“Houston's robust economy plays a pivotal role in the success of our container terminals. The city's dynamic economic landscape, driven by diverse industries such as energy, manufacturing, technology, and population growth fosters increased consumer demand and industrial activity,” Roger Guenther, executive director at Port Houston, said in a release. “Port Houston is responding to the needs of the region by ensuring infrastructure is in place to receive cargo and prepare for future growth.”

 

 

 

Recent

More Stories

port managers counting shipping containers

Oracle says AI drives “smart and responsive supply chains”

Artificial intelligence (AI) tools can help users build “smart and responsive supply chains” by increasing workforce productivity, expanding visibility, accelerating processes, and prioritizing the next best action to drive results, according to business software vendor Oracle.

To help reach that goal, the Texas company last week released software upgrades including user experience (UX) enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) suite.

Keep ReadingShow less

Featured

e-commerce order fulfillment platform software

U.S. shoppers embrace second-hand shopping

Nearly one-third of American consumers have increased their secondhand purchases in the past year, revealing a jump in “recommerce” according to a buyer survey from ShipStation, a provider of web-based shipping and order fulfillment solutions.

The number comes from a survey of 500 U.S. consumers showing that nearly one in four (23%) Americans lack confidence in making purchases over $200 in the next six months. Due to economic uncertainty, savvy shoppers are looking for ways to save money without sacrificing quality or style, the research found.

Keep ReadingShow less
Earth globe with location pins

CMA CGM offers awards for top startups

Some of the the most promising startup firms in maritime transport, logistics, and media will soon be named in an international competition launched today by maritime freight carrier CMA CGM.

Entrepreneurs worldwide in those three sectors have until October 15 to apply via CMA CGM’s ZEBOX website. Winners will receive funding, media exposure through CMA Media, tailored support, and collaboration opportunities with the CMA CGM Group on strategic projects.

Keep ReadingShow less
Hurricane Francine threatens supply chains

Hurricane Francine threatens supply chains

Businesses were preparing to deal with the effects of the latest major storm of the 2024 hurricane season as Francine barreled toward the Gulf Coast Wednesday.

Louisiana was experiencing heavy rain and wind gusts at midday as the storm moved northeast through the Gulf and was expected to pick up speed. The state will bear the brunt of Francine’s wind, rain, and storm damage, according to forecasters at weather service provider AccuWeather.

Keep ReadingShow less
A group of people in business attire use big scissors to cut a ribbon in front of a factory.

Raymond Corp. boosts energy solutions with new battery plant

The Raymond Corp. has expanded its energy storage solutions business with the opening of a manufacturing plant that will produce lithium-ion and thin plate pure lead (TPPL) batteries for its forklifts and other material handling equipment. Located in Binghamton, N.Y., Raymond’s Energy Solutions Manufacturing Center of Excellence adds to the more than 100-year-old company’s commitment to supporting the local economy and reinvigorating Upstate New York as an innovation hub, according to company officials and local government and business leaders who gathered for a ribbon cutting and grand opening this week.

“This region has a rich history of innovation,” Jennifer Lupo, Raymond’s vice president of energy solutions, supply chain, and leasing, said in welcoming attendees to the ribbon cutting ceremony Monday.

Keep ReadingShow less