Wednesday, February 1, 2012

Port of New Orleans sets container volume record


(AP) NEW ORLEANS — The Port of New Orleans has had a second straight record-setting year.

Its container volume was up 11.6 percent compared to 2010, and 46 percent from two years ago, President and CEO Gary LaGrange said Tuesday.

Year-end figures show the Napoleon Avenue Container Terminal moved the equivalent of 476,413 20-foot containers in 2011, and more growth is likely this year, LaGrange said.

"Two back-to-back record-setting years is a testament to the hard work of our customers and terminal operators," he said. "Our volumes are attributed to a strong export market, particularly chemicals and agricultural products; coffee and apparel were strong commodities on the inbound side."

He says the port added a new Latin American container service and a sixth shipping line last year.

New Orleans Terminal and Ports America jointly operate the Napoleon Avenue Container Terminal, which added two new container gantry cranes and more than four acres at its marshaling yard in 2011. The projects were among $38 million in improvements last year.

In December, U.S. Deputy Secretary of Transportation John Porcari awarded the port a $16.7 million federal grant to build a specialized, 12-acre freight rail yard to capitalize on New Orleans' access to six Class One railroads.

LaGrange said, "We will continue to work hard to stay a few steps ahead of the market's demand as the container trade grows in the Gulf of Mexico."



http://www.cbsnews.com/8301-505245_162-57369135/port-of-new-orleans-sets-container-volume-record/

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