Panama Canal Expansion Raises Expectations in Houston

From his office window, Ricky Kunz, the Port of Houston Authority’s vice president for origination, watched the action unfold. As workers drove Volkswagens off one vessel onto a dock, a neighboring ship was loaded with cargo, destined for the Far East. Freighters that dock at one of the world’s busiest ports cannot afford to leave empty.

The port is overseeing $3 billion in updates to its berths and cranes and other facilities, many of which are being completed in anticipation of the 2014 debut of the expanded Panama Canal.

Local officials agree that the canal’s expansion will be a ...

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