Asian trade growth and the Port of Houston
The Wall Street Journal has an article today
on how Vancouver's port and Canada's rail lines are trying to lure booming Asian container traffic, which is running into major congestion problems at West Coast ports, LA/Long Beach in particular. One paragraph with a couple statistics of interest:
"Inland ports are also jockeying for a share of the growing Asian trade. Houston, which handles 65% of containers entering the Gulf of Mexico, saw incoming containers from Asia increase by 28% in two years and will be further boosted by the opening of a Wal-Mart distribution center near the port later this year."