PHA increases tariff rate to offset cost increases

PHA tariffs are published rules and regulations regarding, among other things, use of the port’s facilities and charges related to facility use and services. The tariff increase will continue to enable the PHA to remain competitive in the current marketplace, and will help cover the increasing costs of operating its terminals.

The new rates, which go into effect on January 1, 2010, will continue to be competitive with those charged by other US ports in the region, and were deemed necessary to address PHA’s 2010 budget, which projects operating increases of 8% on container operations and 8.7% on general cargo operations.

PHA’s terminal operating efficiency is considered to be among the highest in the industry in terms of number of containers per hour, and PHA charges remain extremely competitive with those charged by ports around the country. The PHA operates the largest container facilities on the US Gulf Coast and is home to the nation’s most productive breakbulk operations.