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But of course, which represents shares in the ownership of a company, if the underlying stock goes down. Red Hat stock pulled back in the past week after crushing third-quarter earnings targets. Port Houston was named Port Operator of the Year during Lloyd’s List 2018 Americas Awards. The Port Operator of the Year Award recognizes the operator that has maintained the highest standards of operational efficiency and customer service throughout the year.
Criteria include exceptional innovation, improved efficiency, profitability or successful investment in port operations. Our customers continue choosing Port Houston and the all-water services calling our facilities above all other options as the best gateway to import and export their cargo. Finalists for the awards were chosen by a panel of industry executives. Due to continued ongoing growth, Port Houston has been expanding and adding state-of-the-art infrastructure in recent years. Port Houston’s loaded container imports for 2017 increased by 22 percent, positioning the port as the number one import port in the country in terms of growth. Loaded container exports grew by 5 percent, helping lead to a 13 percent year-over-year growth rate for container throughput. Much of the import growth can be attributed to the strengthening East Asia market.
Houston’s phenomenal import growth over the last several years has shifted the balance to imports at Port Houston. Projections are that import growth will continue, creating a strong surplus of equipment to meet new demand from Houston’s growing plastics exports. Also in 2017, Port Houston completed dredging projects at both Barbours Cut and Bayport allowing the port to service larger, deeper draft vessels. 2 billion for more ship-to-shore cranes, rubber tired gantry cranes, container yard space expansion and technology. 275 million capital improvement plan for 2018, with most of the funds being used for improvements and expansion at the Bayport and Barbours Cut Container Terminals. Some of these projects include increasing container yard capacity, wharf expansions and additional super post-Panamax ship-to-shore cranes.
Earlier this month, Asia Cargo News named Port Houston the Best Seaport in North America, after tallying results from thousands of shippers and industry experts around the globe. Houston region, the state of Texas, and the nation. It supports the creation of nearly 1. 175 million jobs in Texas and 2. CISCO : Why is intent-based networking good news for software-defined networking? SYNACOR INC : Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Synacor, Inc. CANCER GENETICS INC : Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Cancer Genetics, Inc.