Journal Article

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.

Keywords: Economic conditions - Texas; International trade; Shipping;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2010

Issue: Q3

Pages: 15

Order Number: 3