During the Port of Houston Authority's monthly meeting this week, Executive Director Len Waterworth said that total tonnage in July of 3 million reflects a 4 percent increase over the prior year and the year-to-date total of 21 million tons is up 3 percent. Principal drivers were a 21 percent increase in bulk exports for the month; an 8 percent increase in container tonnage for the year and a 17 percent increase in bulk commodities.
The Port Authority generated $21 million in July operating revenue, surpassing July 2012's performance by $1.4 million or 7 percent. Year-to-date operating revenue of $135 million increased 4 percent, or $6 million. The Port Authority first exceeded $20 million earlier this year. Waterworth also reported that July's net income of $4 million exceeded last year's by $1 million or 47 percent. Year-to-date net revenue of $25 million is up 11 percent.