Texas, Louisiana ports’ January cargo volumes a mixed bag

News Snapshot:

Cargo flow was up at ports in Houston and New Orleans, but freight movements slowed slightly in Corpus Christi, Texas, due to lower exports of oil and petroleum in January. Container movements started off the year on high note at Port Houston, with the port handling 332,961 twenty-foot equivalent units in January, a 4% year-over-year (y/y) increase compared to 2023. Officials said total container imports exceeded any January on record at the port’s two container facilities, Barbours Cut and Bayport. Full container imports increased 3% y/y in January to 154,493 TEUs. “Import and export demand through Houston remains strong and...