During the Port of Houston, Texas' monthly meeting on May 24, Port CEO Alec G. Dreyer announced that the port saw strong growth across all commodities the port handles in April.
In particular, Dreyer said, "steel is booming, with tonnage up 31 percent over last year." Already, year-to-date steel volumes are 1.1 million net tons (998,000 metric tons)-ahead of last year by 69 percent.
Twenty-foot-equivalent unit (TEU) volumes were up 19 percent and container tonnage was up a "staggering" 22 percent for the month, Dreyer noted. Year-to-date, TEUs are up 9 percent and container tonnage is up 11 percent.