Janiece Longoria, chair of the Port of Houston Authority Commission since January 2013, spoke about the ‘State Of Our Port’ to members of the Bay Area Houston Economic Partnership in late April at Lakewood Yacht Club in Seabrook, Texas. The Port of Houston is the leading economic engine for the greater Houston region, and Longoria is the first woman to hold this position in the 100-year history of the port.
Just how well is the port doing? Longoria reported that, according to national rankings, the Port of Houston is the #1 U.S. Port by Foreign Waterborne Tonnage – 163M Tons; #1 U.S. Port in Petroleum, Steel and Project Cargo; and #6 Ranked U.S. Container Port by Total TEUs. The port’s economic impact on the state of Texas is $178.5 billion, creating $4.5 billion in state and local taxes and 1,026,820 related jobs.
PHA is governed by a seven-member commission and owns or operates eight public terminals. The port experienced record growth in 2014, and future growth will be driven by the energy renaissance, resin exports, population growth, the Panama Canal expansion, and cargo diversification and trade opportunities, Longoria noted.
The port is also investing heavily in Barbours Cut Terminal making a 10-year capital investment of $700 million. Over the next 10 years, $1 billion will be invested in the Bayport Container Terminal expansion, as well.
PHA declares, "We’re ready for bigger things to come.” Longoria’s dynamic presentation had all the facts and figures to support that statement 100 percent.