Port NOLA announces record container growth

The Port of New Orleans (Port NOLA) has handled a total of 133,845 TEUs during the third quarter of fiscal year 2024.

This indicates a 19 percent year-on-year (y-o-y) increase and a record quarter with container volume not seen since supply chain challenges in 2021.

As containerized import volumes continue to steadily increase, throughput efficiency (the number of containers passing through Port NOLA in a given time period) also remains high.

Port NOLA President and CEO and New Orleans Public Belt (NOPB) CEO Brandy D. Christian said, “This record growth is a direct result of our innovative logistics solutions during tailored supply chain disruptions.” that carriers focus on diversifying their trade routes.

“Our strategic alignment with the NOPB makes New Orleans the only U.S. city where deep-sea shipping directly coincides with a rail gateway serving six major Class 1 railroads.”

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Port NOLA reported that in the third quarter of fiscal 2024, loaded imports increased 19 percent, while loaded exports increased 16 percent year-over-year.

Among the most common imports at Port NOLA are coffee, primarily from South America and Southeast Asia, various chemicals from Mexico and northern Europe, and Asian and South American wood products, such as plywood.

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Plastics such as PVC are important export products, especially in Asia, as are other chemicals in northern Europe and paper in Central America. Additionally, there were 100 ship calls this quarter, a 5 percent increase over the same period last year.

Port NOLA Chief Commercial Officer Amanda Coates stated: “This upward trend is very encouraging and consistent with increased reliability in our weekly ocean freight services. It also translates into more stable volumes month after month than in previous quarters.”

Last month, Port NOLA marked 20,500 container movements per barge during 2023, the highest number since service began in 2016 with the Port of Greater Baton Rouge and Ingram Marine Group.