Spotlight: Imports and Exports: Container trade thriving in Texas
Abstract: The real value of trade processed through Texas ports grew at nearly twice the national pace. Rapid growth in trade with Asia implies that containerized shipping--the movement of goods by standardized intermodal cargo containers--will play an increasingly prominent role. ; As container shipments to Texas increase, the need to transport containerized goods from West Coast ports by rail or truck will decrease. The comparative efficiency of shipping by sea is well noted. Further efficiencies will likely be realized through economies of scale as larger ships pass through the expanded Panama Canal. These efficiencies are good news not only for Texas but for U.S. consumers.
File(s): File format is application/pdf http://dallasfed.org/assets/documents/research/swe/2010/swe1003d.pdf
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2010
Order Number: 3