The Port of Houston is planning a long-term expansion strategy that could include a third terminal or an inland port. The latter is becoming an increasingly common route for ports to expand without stressing seaside infrastructure. Containerized freight handling through the port rose by 8.9% annually on average in the five years to Dec. 31, 2019 before dropping by 4.0% in 2020 through Aug. 31 due to the pandemic. Imports have led the way and have been dominated by Maersk and MSC which together accounted for 41.3% of shipments into the port in the 12 months to Aug. 31 despite declining sh...
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