Monday, June 26, 2023

Monthly Meeting for Port Houston tomorrow and 2 announcements, and Port of Corpus Christi received highest S&P Global Bond rating!

Happy Monday!  Welcome back to another week of Energy Specialists Consulting, LLC News!

We pride ourselves in keeping up with the happenings of the ports near us, but we thought you might like to know too. 

Port Houston:

Port Commission Meeting is on Tuesday, June 27, 2023 at 9 a.m.

Port Houston Local Government Corporation Meeting is Tuesday, June 27, 2023 at 10 to 10:30 a.m.

Community Relations Committee Meeting is Tuesday, June 27, 2023 at 10:30 a.m.

If you would like more information about these calendared events, please click the link: Upcoming Events – Port Houston.

This month two announcements have come out from Port Houston.  The first is Port Houston moved to the number 5 spot in rankings for U.S. container port in terms of twenty-foot equivalent units (TEU) handled in 2022.  The other is as of May 2023 the Port has handled over 1.5 million TEUs which is down from last year record setting container imports.  Port Houston also announced Union Pacific Railroad and BNSF Railway started the beginning of June 2023 new intermodal container services at Port Houston.  The rail services started on-dock rail to certain cities in the West and Texas which gets trucks off the roads. This is good news to Houston drivers!  If you would like to read more about these two announcements from Port Houston, “Port Blog”, please click the link: Blog- Port Houston.

Port of Corpus Christi:

It was announced last week that the Port of Corpus Christi’s S&P Global Bond Ratings were upgraded last month.  They were proud to announce on Thursday, June 22, 2023, in a news release they went from an A+ to AA- on all existing debt and raising both the Enterprise Risk and Financial Risk profiles to Very Strong – the highest rate available and it is what all ports strive for.  In 2022, it was the sixth year in a row they increased tonnage which moved through the port.  If you would like to read the press release, please click the link: Port of Corpus Christi Bond Rating Upgraded by S&P - Port of Corpus Christi (portofcc.com).

If you would like help in figuring out how to get your product out to your client by water, land or rail, contact us via the email in the blog and check out our ESC's website!

We hope you have a great and productive week!  Keep cool in this heat wave!