Wednesday, January 11, 2006

Port of Houston 9th highest value international freight gateway in the U.S.

The Bureau of Transporation Statistics released their 2005 ranking in November, based on 2004 data (quite a delay there). Here's the full table of the Top 50. NY and LA are incredibly dominant, with 5 of the top 7. And the top 10 gateways move 42% of the value of all international freight going into or out of the U.S., really outsizing all the smaller gateways.

If you merged us with Texas City, we'd move up from 9th to 7th place, second only to Laredo in Texas. Since this is based on value, and the price of oil really spiked in 2005, not to mention the Katrina spillover from the Port of New Orleans, I would imagine our ranking will move up substantially once the 2005 data comes out - certainly in the top 5 and possibly even to #1 sometime over the next couple of years if oil is steady at $60+.


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