Port Houston May TEU figures increase 21%

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Port Houston handled 364,866 TEU in May, a 21% increase from last year, and 1,758,960 TEU from January to May, up 14% y-o-y.

Port Houston handled 364,866 TEU in May, marking an increase of 21%, or more than 64,000 TEU, compared to the same month last year (300,482 TEU in May 2023), and 13% more than in April this year (324,177 TEU).

From January through May a total of 1,758,960 TEU moved through the Port’s two container terminals, reflecting a 14% increase compared to the same period in 2023.

For the comparison, Port Houston handled 335,866 TEU in May 2022.

Port Houston’s cargo volumes show no signs of slowing down despite any ongoing global supply chain disruptions. The construction of new warehouses and distribution centres in the last two years and regional consumer spending on items like furniture, hardware, and retail goods have driven loaded import volumes to an increase of 18% this month compared to last year.

Furthermore, strong manufacturing in Texas has pushed loaded exports, which increased by 21% this month, totalling 131,690 TEU, and by 15% year-to-date through May, at 655,116 TEU.

By the end of 2024, 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.

Port Houston’s steel imports up in May

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