Skip to content
Search AI Powered

Latest Stories

newsworthy

Port Houston surpasses 2 million TEUs in September

Activity levels to remain strong through the end of the year, port officials say.

Port Houston surpasses 2 million TEUs in September

Port Houston continues to lead last year's container volume pace, showing 10 percent growth through the third quarter, port officials said this week. The port surpassed 2 million twenty-foot-equivalent units (TEUs) in September, the earliest the port has reached that milestone, according to Port Houston Executive Director Roger Guenther.

The news emphasizes the long-term recovery in the region following the impact of Hurricane Harvey in 2017. Guenther said container activity in Houston will maintain its stride through the end of the year.


"There is still a lot of activity across our docks, and the trends are positive through Port Houston terminals as we make the stretch run through the end of 2018," Guenther said in a report to the Port Commission of the Port of Houston Authority this week.

Guenther noted strength in import steel through Port Houston terminals, driven by growth in the energy sector. The port's general cargo terminals have handled 3.5 million tons year-to-date, with more than 478,000 tons in steel recorded in September alone, he said.

Port officials also said they will purchase eight new rubber-tired gantry (RTG) cranes for its Barbours Cut Container Terminal to accommodate growth.

Separately, Florida's Port Canaveral posted strong results for fiscal year 2018 this week, reporting more than $103 million in revenue for the year. Cargo revenues rose 18 percent to $10.15 million, with tonnage increasing 6.9 percent to 6.4 million tons compared with fiscal year 2017, port officials said in a statement announcing the year-end results.

The Latest

More Stories

Jeremy Van Puffelen of Prism Logistics

InPerson interview: Jeremy Van Puffelen of Prism Logistics

Jeremy Van Puffelen grew up in a family-owned contract warehousing business and is now president of that firm, Prism Logistics. As a third-party logistics service provider (3PL), Prism operates a network of more than 2 million square feet of warehouse space in Northern California, serving clients in the consumer packaged goods (CPG), food and beverage, retail, and manufacturing sectors.

During his 21 years working at the family firm, Van Puffelen has taken on many of the jobs that are part of running a warehousing business, including custodial functions, operations, facilities management, business development, customer service, executive leadership, and team building. Since 2021, he has also served on the board of directors of the International Warehouse Logistics Association (IWLA), a trade organization for contract warehousing and logistics service providers.

Keep ReadingShow less

Featured

image of retail worker packing goods in a shopping bag

NRF: Retail sales increased again in September

Retail sales increased again in September as employment grew and inflation and interest rates fell, according to the National Retail Federation (NRF)’s analysisof U.S. Census Bureau data released today.

“While there have been some signs of tightening in consumer spending, September’s numbers show consumers are willing to spend where they see value,” NRF Chief Economist Jack Kleinhenz said in a release. “September sales come amid the recent trend of payroll gains and other positive economic signs. Clearly, consumers continue to carry the economy, and conditions for the retail sector remain favorable as we move into the holiday season.”

Keep ReadingShow less
Logistics services continue to “go green”

Logistics services continue to “go green”

The market for environmentally friendly logistics services is expected to grow by nearly 8% between now and 2033, reaching a value of $2.8 billion, according to research from Custom Market Insights (CMI), released earlier this year.

The “green logistics services market” encompasses environmentally sustainable logistics practices aimed at reducing carbon emissions, minimizing waste, and improving energy efficiency throughout the supply chain, according to CMI. The market involves the use of eco-friendly transportation methods—such as electric and hybrid vehicles—as well as renewable energy-powered warehouses, and advanced technologies such as the Internet of Things (IoT) and artificial intelligence (AI) for optimizing logistics operations.

Keep ReadingShow less
MIT professor Weill speaks at IFS show

MIT: Businesses thrive more with real-time data flows

Companies that integrate real-time data flows into their operations consistently outperform their competitors, an MIT professor said in a session today at a conference held by IFS, the Swedish enterprise resource planning (ERP) and artificial intelligence (AI) firm.

A real-time business is one that uses trusted, real-time data to enable people and systems to make real-time decisions, Peter Weill, the chairman of MIT’s Center for Information Systems Research (CISR), said at the “IFS Unleashed” show in Orlando.

Keep ReadingShow less
exxon mobile oil drills in texas

Kinaxis to build supply chain planning tools for ExxonMobil

Supply chain orchestration software provider Kinaxis today announced a co-development deal with ExxonMobil to create supply chain technology solutions designed specifically for the energy sector.

“ExxonMobil is uniquely placed to understand the biggest opportunities in improving energy supply chains, from more accurate sales and operations planning, increased agility in field operations, effective management of enormous transportation networks and adapting quickly to complex regulatory environments,” John Sicard, Kinaxis CEO, said in a release.

Keep ReadingShow less