The Louisiana port said breakbulk cargo imports, such as steel, natural rubber and coffee, were up 37 percent, with steel imports alone up 28 percent to 4.15 million short tons, securing a top-three ranking nationally with a 15.5 percent market share.
The breakbulk increase helped to offset a 14 percent decline in container cargo, largely due to the loss of the France Road container terminal following Hurricane Katrina.
For the Port of New Orleans’ fiscal year 2006, which covers July 1, 2005 to June 30, 2006 and includes the storm-affected months, operating revenue totaled $38.87 million, or about 86 percent of pre-Katrina figures.
“The port’s recovery from the unprecedented events of 2005 has been nothing short of remarkable,” said Gary LaGrange, president and chief executive officer of the Port of New Orleans. “The entire port community, from longshoremen and stevedores to the shipping lines and Port staff are to be congratulated.
“While these figures are encouraging, we still have a long road ahead of us to fully recover and continue to grow to meet our customer’s demands,” LaGrange said. “We must replace our container capacity lost at France Road and recreate it on the Mississippi River.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now