Economy of Houston

Port Houston Reopens Container Terminals

Retrieved on: 
Friday, July 30, 2021
Hardware, Consumer, Technology, Other Construction & Property, White House, Federal Government, Commercial Building & Real Estate, Construction & Property, Other Transport, Trucking, Maritime, Building Systems, Transport, Public policy, Government, Greater Houston, Geography of Texas, Galveston Bay Area, Geography of Houston, Demographics of Texas, Texas, Economy of Houston, La Porte, Texas, Port of Houston, Bayport Terminal, Houston Ship Channel, Houston

In more Port Houston news, the U.S. Army Corps of Engineers renewed the federal permit for Port Houstons Bayport Terminal.

Key Points: 
  • In more Port Houston news, the U.S. Army Corps of Engineers renewed the federal permit for Port Houstons Bayport Terminal.
  • The next regular Port Commission meeting will be held on September 28th in person at the Port Houston Executive Office Building located at 111 East Loop North, Houston, TX 77029.
  • For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the areas largest breakbulk facility and two of the most efficient and fastest-growing container terminals in the country.
  • The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nations largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S.

SP Plus Corporation Announces Partnership to Provide Parking & Transportation Services at Bush, Hobby & Ellington Airports in Houston

Retrieved on: 
Wednesday, July 21, 2021
Government of Houston, Economy of Houston, Texas, Houston Airport System, Houston, William P. Hobby Airport, Local government in the United States, Ellington Airport, IAH, George Bush Intercontinental Airport, Metro Airlines, Transportation in Houston

The partners were selected by the Houston Airports to provide parking and transportation services for George Bush Intercontinental (IAH), William P. Hobby (HOU), and Ellington (EFD) Airports in Houston, Texas.

Key Points: 
  • The partners were selected by the Houston Airports to provide parking and transportation services for George Bush Intercontinental (IAH), William P. Hobby (HOU), and Ellington (EFD) Airports in Houston, Texas.
  • The partnership includes potential parking and transportation services at Ellington Airport/Houston Spaceport which is experiencing exponential growth and development.
  • We see added value in continuing our long-term relationship with SP+ and its partners, Walt Gray, Parking & Ground Transportation Director for the Houston Airports stated.
  • SP+ previously served the Houston Airports as New South Parking Texas under its former partnership with Global Parking Systems, LLC.

Port Houston Commission Regular Meeting July 20

Retrieved on: 
Thursday, July 15, 2021
Maritime, Logistics, Supply chain management, Transport, State, Local, Public policy, Government, Geography of Houston, Greater Houston, Geography of Texas, Texas, Economy of Houston, Port of Houston, Geography of the United States, Houston, Port authority, Port Authority of New York and New Jersey, Cisco Webex, Port

The Port Commission of the Port of Houston Authority will conduct its regular monthly meeting virtually on Tuesday, July 20, at 9:15 a.m., via WebEx webinar.

Key Points: 
  • The Port Commission of the Port of Houston Authority will conduct its regular monthly meeting virtually on Tuesday, July 20, at 9:15 a.m., via WebEx webinar.
  • The Audit Committee is scheduled to meet on July 27 at 10:00 a.m.
  • Currently, the Port Authority Executive Office Building is closed to the general public at this time.
  • For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel the nations largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. nation.

Lift Off for Avianca Airlines' Ontario, Calif., to San Salvador Service

Retrieved on: 
Friday, July 2, 2021
Aviation, Airports in the United States, Economy of Houston, Transportation in the United States, Ontario International Airport, Ontario, California, William P. Hobby Airport, Miami International Airport, Memphis International Airport, Los Angeles International Airport, Fort Lauderdale–Hollywood International Airport, Daniel K. Inouye International Airport

We are sure that this new route is also a great opportunity to promote tourism to El Salvador and California as well."

Key Points: 
  • We are sure that this new route is also a great opportunity to promote tourism to El Salvador and California as well."
  • In addition to Avianca's historic El Salvador service, airlines operating at ONT are offering nonstop service to two dozen popular destinations this summer, six more than the summer of 2019, including Charlotte, Chicago (O'Hare International), Honolulu, Houston (William P. Hobby Airport) and Mexico City."
  • Ontario International Airport (ONT) is the fastest growing airport in the United States, according to Global Traveler, a leading publication for frequent fliers.
  • Located in the Inland Empire, ONT is approximately 35 miles east of downtown Los Angeles in the center of Southern California.

Houston Ship Channel Nearing Greater Capacity

Retrieved on: 
Thursday, June 24, 2021
Public policy, Government, State, Local, Maritime, Logistics, Supply chain management, Oil, Gas, Transport, Energy, Geography of Houston, Greater Houston, Geography of Texas, Houston, Texas, Galveston Bay Area, Sam Houston, Economy of Houston, Port of Houston

Port Chairman Ric Campo opened the meeting by sharing the good news that the Houston Pilots have taken the first step towards bringing longer vessels to the Houston Ship Channel.

Key Points: 
  • Port Chairman Ric Campo opened the meeting by sharing the good news that the Houston Pilots have taken the first step towards bringing longer vessels to the Houston Ship Channel.
  • View the full release here: https://www.businesswire.com/news/home/20210624005832/en/
    Ship vessel activity along the Houston Ship Channel.
  • Port Houston will also soon participate in the Future of Global Energy Conference, sponsored jointly by the Greater Houston Partnership and Center for Houstons Future.
  • The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nations largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S.

Ontario International Airport in May reached nearly 80% of pre-pandemic passenger level

Retrieved on: 
Thursday, June 17, 2021
Aviation, Airports in the United States, Economy of Houston, American Airlines, Ontario International Airport, Ontario, California, Transportation in the United States, Daniel K. Inouye International Airport, William P. Hobby Airport, Philadelphia International Airport, Fort Lauderdale–Hollywood International Airport, Sacramento International Airport

ONTARIO, Calif., June 17, 2021 /PRNewswire/ --Passenger volume at Ontario InternationalAirport(ONT)in May was nearly 80% of its pre-pandemic level, another encouraging sign as the popular Southern California airport prepares to welcome greater numbers of travelers over the summer.

Key Points: 
  • ONTARIO, Calif., June 17, 2021 /PRNewswire/ --Passenger volume at Ontario InternationalAirport(ONT)in May was nearly 80% of its pre-pandemic level, another encouraging sign as the popular Southern California airport prepares to welcome greater numbers of travelers over the summer.
  • Data released by the Ontario International Airport Authority (OIAA) show nearly 367,000 airline passengers traveled through ONT last month, which was 77.2% of ONT's passenger volume in May 2019.
  • The May report continues a steady climb in passenger volumes heading into the summer travel season.
  • Today, airlines serving ONT offer nonstop service to 25 destinations including six new ones Charlotte, Chicago (O'Hare International Airport), Honolulu, Houston (William P. Hobby Airport), Mexico City and San Salvador.

Book Today: Southwest Airlines Extends Schedule Through Jan. 5, 2022, While Adding More Domestic Destinations Than Ever Before And Offering New Nonstop Service To International Destinations From The Midwest

Retrieved on: 
Thursday, June 10, 2021
Miami International Airport, Transportation in Miami, Economy of Houston, Florida

For a list of the carrier's international destinations as well as service resumption dates, visit Southwest.com/international .

Key Points: 
  • For a list of the carrier's international destinations as well as service resumption dates, visit Southwest.com/international .
  • Southwest will serve Cancun nonstop from 17 airports in the U.S. as winter 2021/2022 begins.
  • On Nov. 13, Southwest will bring its first-ever international service to Kansas City with seasonal service on Saturdays between Kansas City and Cancun.
  • Beginning Nov. 13, 2021, Southwest intends to launch seasonal service on Saturdays between Denver and Liberia, Costa Rica.

GreenStreet Merges Wellness and Work with June 10 Opening of Life Time in Downtown Houston

Retrieved on: 
Thursday, June 10, 2021
Houston, Downtown Houston, Economy of Houston, GreenStreet, GreenStreet

"Life Time GreenStreet will be an urban country club for Downtown Houston, meeting the changing needs of consumers and their live, work and play lifestyle," said Bahram Akradi, Life Time Founder, Chairman and CEO.

Key Points: 
  • "Life Time GreenStreet will be an urban country club for Downtown Houston, meeting the changing needs of consumers and their live, work and play lifestyle," said Bahram Akradi, Life Time Founder, Chairman and CEO.
  • Coupled with our unique healthy way of life offerings through our athletic club and coworking, this will truly be a game-changing destination."
  • The new downtown Life Time is the Company's 11th resort-like destination in the greater Houston market, 26th in Texas and 157th across North America.
  • "We are pleased to continueour 15-year relationship with Life Time as we welcome Life Time and Life Time Work to GreenStreet," said Brad Freels, Chairman and CEO, Midway.

Norsk Hydro: Sale completed of Hydro Rolling business area to KPS Capital Partners

Retrieved on: 
Tuesday, June 1, 2021
Economy of Houston, Norsk Hydro, Hydro, Economy of Norway, Companies

Reference is made to the stock exchange notice of April 29, 2021, stating that Norsk Hydro ASA has received the necessary approvals for the sale of Hydro Rolling to KPS Capital Partners.

Key Points: 
  • Reference is made to the stock exchange notice of April 29, 2021, stating that Norsk Hydro ASA has received the necessary approvals for the sale of Hydro Rolling to KPS Capital Partners.
  • The transaction has today closed.
  • In addition, Hydro has signed a separate agreement to sell its Bonn property, which has been part of the Hydro Rolling, but outside the perimeter of the above transaction, to Cube Real Estate for EUR 27 million.
  • The total enterprise value for Hydro Rolling, including the Bonn property, is EUR 1,407 million.

Activity Across Port Houston Docks Remains Solid

Retrieved on: 
Wednesday, May 26, 2021
Maritime, Transport, Logistics, Supply chain management, Greater Houston, Geography of Houston, Geography of Texas, Galveston Bay Area, Texas, Sam Houston, Economy of Houston, Port of Houston, Houston, Port

The Port Commission of the Port of Houston Authority met virtually in regular session on Tuesday for its May meeting.

Key Points: 
  • The Port Commission of the Port of Houston Authority met virtually in regular session on Tuesday for its May meeting.
  • View the full release here: https://www.businesswire.com/news/home/20210526005971/en/
    Cargo activity at Port Houstons public terminals remains solid (Photo: Business Wire)
    The Port Commission approved and adopted a position statement on Diversity, Equity, and Inclusion (DEI) during the meeting.
  • Port Houston Executive Director Roger Guenther announced a new Business Equity Division to report to him.
  • The Houston Ship Channel expansion program remains on track, and Port Houston anticipates entering into a Project Partnership Agreement with the U.S. Army Corps of Engineers next month.