Starting June 1st, 2023 Our warehouse fee will be $0.65/cubic foot per month

In effort to lower the warehouse storage fee during inflation, we have went narrow aisle racking.This construction took us four months but the project is finally completed. With narrow aisle racking, we are able to drop storage by 24%.We as partners will go through this inflation together.

Blogs/hot-news

05/28/2024

260 views

The Gulf Coast ports recorded a variety of shipments in April

    The Gulf Coast ports recorded a variety of shipments in April

    Container traffic increased at Port Houston in April, whereas the Port of Corpus Christi in Texas and New Orleans experienced minor decreases.

    Port Houston had a 5% increase in container volumes in April

    Port Houston had a 5% increase in container volumes in April

    In April, Port Houston managed 324,177 twenty-foot equivalent units (TEUs), marking a 5% year-over-year (y/y) rise compared to April 2023. Year to date, the port has handled 1.4 million TEUs, reflecting an 18% y/y increase.

    During the monthly commission meeting on Friday, Roger Guenther, Port Houston's executive director, remarked on the robust container volumes for the first quarter of 2024, highlighting significant strength in both import and export loaded containers.

    Loaded container TEU imports saw a 4% y/y increase to 146,910 in April, while loaded container exports grew by 8% y/y to 119,302 TEUs. Year to date, loaded container imports rose by 12% y/y to 632,886 TEUs, and loaded exports increased by 14% y/y to 523,426 TEUs. The surge in exports is credited to the demand for regionally manufactured automotive, furniture, cotton, and plastic resin goods.

    According to port officials, shippers utilizing Port Houston's container facilities are experiencing heightened demand for imported goods, surpassing their initial expectations. Guenther mentioned that the National Retail Federation, representing retailers importing cargo, particularly from Asia, anticipates continued strength in imports for the remainder of the year.

    In April, total import tonnage at Port Houston declined by 15% y/y to 2.4 million tons, with an 8% month-to-month decrease. Conversely, the port's total export tonnage increased by 11% y/y to 2.5 million tons, although it experienced a 10% month-to-month decline.

    Port Houston operates the Bayport and Barbours Cut Container Terminals, along with the Turning Basin Multi-Purpose facilities. Guenther noted that while multipurpose and general cargo facilities at Turning Basin experienced a downturn, this cyclical trend is not uncommon. Additionally, fuel volumes decreased slightly.

    Steel imports surged by 35% y/y in April to 289,331 tons, while other commodities such as fertilizer, molasses, and tallow also showed gains.

    Vessel calls at Port Houston totaled 693 in April, marking a 1% y/y increase from 2023. However, barge calls declined by 13% y/y to 308 for the month.

    Read more:

    👉 Over 2 million TEU are expected at Port of Long Beach in Q1 2024

    👉 Container imports into the United States experienced robust growth in February

    👉 Port of Los Angeles Sees 19% Year-on-Year Increase in Cargo Volumes for March

    The container volume at the Port of New Orleans decreased in April

    The container volume at the Port of New Orleans decreased in April

    In April, the container volume at the Port of New Orleans declined by 6.5% year-over-year to 41,802 twenty-foot equivalent units (TEUs). Breakbulk cargo amounted to 114,354 short tons during the same period, reflecting a significant 29% year-over-year decrease compared to April 2023.

    According to port officials, key containerized exports comprised plastic resins and various chemicals, while imports included coffee and wood products. Kimberly Curth, spokesperson for the Port of New Orleans, highlighted an increase in breakbulk imports, primarily propelled by steel and bagged cargo. Breakbulk volume in April surged by 39% from March, largely due to a rise in bagged cargo such as cement and rubber. Curth also noted positive trends in project cargo, showing a 5% year-over-year growth, and lumber, which emerged in August.

    For the fiscal year to date, Port of New Orleans container volumes reached 419,432 TEUs, indicating a 12% year-over-year increase. The port's fiscal year spans from July 1 to June 30. Curth stated that loaded imports grew by approximately 3% year over year, while loaded exports saw a more than 8% year-over-year increase. Additionally, import empties for the fiscal year to date surged by almost 33% year over year.

    In April, the port recorded 32 vessel calls.

    Crude oil exports drop at Port of Corpus Christi

    Crude oil exports drop at Port of Corpus Christi

    In April, the Port of Corpus Christi experienced a 2.4% year-over-year decrease in total shipments, managing 16.7 million tons of cargo compared to 16.3 million tons in 2023.

    Crude oil shipments totaled 10 million tons for the month, with exports accounting for 9.2 million tons, marking a 3% year-over-year decline. Imports reached 834,439 tons, representing a 7% year-over-year increase.

    Petroleum shipments totaled 4.8 million tons in April, reflecting a 6% year-over-year decline. Petroleum exports decreased by 7% year-over-year to 3.7 million tons, while imports dropped by 3% year-over-year to 1.1 million tons.

    Dry bulk cargo witnessed a 13% year-over-year decrease to 728,715 tons in April, whereas bulk grain shipments surged by 452% year-over-year to 344,511 tons.

    During April, the Port of Corpus Christi facilitated 193 ships, marking a 2.5% year-over-year decline, while barge calls decreased by 18% year-over-year to 404.

     

    *The article is based on Freightwaves' most recent news, and the Worldcraft Logistics content team has altered it to make it more appropriate for the website's viewers. If you have any comments or special requests, please contact us via the link below.

    Simon Mang

    SEO

    Digital Marketing/SEO Specialist

    Simon Mang is an SEO and Digital Marketing expert at Wordcraft Logistics. With many years of experience in the field of digital marketing, he has shaped and built strategies to effectively promote Wordcraft Logistics' online presence. With a deep understanding of the logistics industry, I have shared more than 300 specialized articles on many different topics.

    More blogs like this: