Houston Reports First Decline in TEU Imports as Record Year Closes

After two years of dramatic gains, Port Houston as expected experienced its first decline in container import volumes. The port had been able to maintain the TEU increases longer than other ports, especially compared to the U.S. West Coast, and for the full year still reported impressive gains. Port executives had warned in November that their vessel queue was declining and that they expect a leveling off in volumes.

In a pattern similar to the second half of 2022 at West Coast ports, Houston experienced its first overall volume decline in December 2022, led by a drop in imports.

View entirety: The Maritime Executive