Gulf Coast Ports Show Varied Performance in July: Houston and New Orleans Gain, Corpus Christi Declines

Reported about 9 hours ago

In July, Gulf Coast ports experienced mixed results, with Port Houston and Port of New Orleans reporting growth in container volumes while Port of Corpus Christi saw declines. Port Houston handled 392,829 TEUs, a 21% increase year-over-year, while New Orleans managed a 16% rise to 42,061 TEUs. Conversely, Corpus Christi reported a total freight decrease of 8%, attributed to a 13% drop in crude oil exports. Despite the setbacks, steel imports surged at Houston, indicating resilience in some sectors of the cargo market.

Source: YAHOO

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