Houston Shipping Company sees Great Things at Port of Houston
Pack n send received this article in an email about the Port of Houston. This article follows in line with our contining series about why Houston is a great place to conduct business. We have reprinted this article to share with our cutomers.
Port Commission Chairman James T. Edmonds
Business remains strong at the Port of Houston, which has helped to keep Houston’s economy outpacing the rest of the nation, Port Commission Chairman James T. Edmonds reported at the Greater Houston Partnership “State-of-the-Port” luncheon yesterday. It was his final such address as he announced he would not be seeking reappointment, after leading the Port Commission for a dozen years.
In introductory remarks, former Port Commission Chairman Ned Holmes said Edmonds “has kept an even keel and steered the port to ever greater levels of prosperity that all of us benefit from in Houston, the state and beyond.”
Edmonds told a crowd of nearly 500 business leaders, elected officials and community leaders at the JW Marriott Hotel that “the port is a remarkable and important part of Houston and vital to our economic health.”
Nearly 500 business leaders, elected officials and community leaders attended.
With a new executive director in charge, record revenue and container activity, the upcoming expansion of the Panama Canal to handle larger ships with more cargo, and the introduction of new ships in an all-water service from Asia to Houston, Edmonds said the Port of Houston Authority is well-positioned for success in the future. The Port Authority also continues its lead in environmental stewardship and maintains a strong position in the market. Houston stands out among U.S.ports because of its excellent labor relations and a business-friendly environment, he said.
The latest economic impact study shows that businesses relying on the Houston Ship Channel generate more than one million jobs in Texas and more than two million in the nation. The economic impact of the port is $178.5 billion statewide and $499 billion nationwide.
In 2011, the Port Authority earned $204 million, its highest revenue income, and handled just under 1.9 million container units.
“I feel good leaving the Port Authority in a healthy financial state,” Edmonds said. “I am confident about the port’s future, especially with its leadership in the competent hands of Executive Director Leonard Waterworth.”
Port Authority Executive Director Leonard Waterworth
In his remarks, Waterworth paid tribute to Edmonds and the leaders a century earlier whom he called the “keepers of the port,” who left a priceless legacy.
“The courageous people who came before us built a community of opportunity,” he said. “For 98 years, the Port of Houston has served as the catalyst for the economic growth that we enjoy today. And our current success will be a legacy for those who follow us.”
To fulfill its vision and prepare for the future, Waterworth said the Port Authority must have the proper infrastructure in place to effectively work and manage the larger ships.
Nearly $3 billion is needed for upgrades to Port Authority facilities over the next 15 years, he noted. Part of that preparation involves the critical work of deepening and widening two container terminal channels that connect to the Houston Ship Channel and an investment in wharves and cranes.
With the presidential elections looming, Waterworth said he was inspired by an image of the “city upon a hill” from an ancient parable that was used by two former presidents from opposing parties. Both John Kennedy and Ronald Reagan paid homage to that shining city.
“I believe that Houston is the center of the next great economic expansion. It can be that metaphorical Shining City on the Hill,” he concluded.
The PowerPoint presentation is now available on the Port of Houston Authority’s website, www.portofhouston.com.
For information about Houston packing, shipping and container loading, please feel free to contact pack n send in Houston at 713 266 1450.