Foreign Trade Zone No. 62 Ranks Second in the Nation in Exports
Foreign Trade Zone No. 62 at the Port of Brownsville ranks second in the nation for the value of exports according to the U.S. Foreign-Trade Zones Board’s annual report to Congress released Thursday, September 15, 2016.
The Port of Brownsville FTZ reported exported goods valued at $3.2 billion in 2015. Additionally, FTZ No. 62 increased its national ranking for the value of imports to 21, up from 25 in 2014. The value of imports received totaled more than $3.3 billion.
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BND Lowers Property Tax Rate
for 23rd Consecutive Year
The Brownsville Navigation District (BND) Board of Commissioners voted August 17, 2016, to lower the ad-valorem tax rate by 11.67 percent to $0.035920 per $100 of assessed value from the 2015 rate of $0.040667.
The BND tax rate has been lowered each year since 1993—23 consecutive years. Under the new rate, the owner of a typical home valued at $88,257 (value provided by the Cameron Appraisal District) would pay about $31.37, a $3.17 decrease from 2015.
The BND was created as a taxing entity in 1929. The BND includes most of the city of Brownsville, Rancho Viejo and Los Fresnos, as well as some rural areas of Cameron County. In total, 41.7 percent of Cameron County or 368 square miles make up the district.
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Drivers Recognized During National Truck Driver Appreciation Week
Professional truck drivers were recognized by the Port of Brownsville for their hard work and commitment in the delivery of goods during the annual National Truck Driver Appreciation Week September 12-16, 2016.
“Truck drivers prioritize safety in the transportation of cargo to and from the port and are essential in the delivery of goods and commodities all over the country,” said John Wood, Brownsville Navigation District Chairman. “We commend them for their safety, efficiency, and hard work.”
During the week of September 12-16, truckers who entered the port received tokens of appreciation from port tenants and the port. Coffee and pastries were also offered as a way of saying thank you.
More than 81,000 truck movements are recorded at the Port of Brownsville annually.
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Foust Road Entrance Reopens
After six months of closure for renovation, the Port of Brownsville Foust Road entrance reopened Monday, September 19, 2016.
The new entrance is a mirror image of the port’s SH 550 entrance and features common architectural elements including a canopy and guard house. The total height of the structure is 35 feet with clearance of 18 feet in traffic lanes.
“This project modernizes the Foust Road entrance, enhances safety, and expedites the flow of all traffic to and from the port,” said John Wood, Brownsville Navigation District chairman.
An estimated 4,000 cars and trucks enter the port each week.
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Port of Brownsville Exhibits at Major Annual International Trade Show
The Port of Brownsville participated in the 27th annual Breakbulk Americas 2016 conference held in Houston the week of September 26-29, 2016.
The international trade show, the largest exhibition of its kind in the Americas, gathers top-tier shippers together with breakbulk and project cargo service providers. The conference gives the Port of Brownsville the opportunity to showcase its assets and benefits to potential business prospects from around the world. Industry experts also discuss market trends and innovations during the event.
More than 5,000 people attended the conference, held at the George R. Brown Convention Center in Houston. About 355 exhibitors participated, including the Port of Brownsville and other port tenants.
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BROWNSVILLE NAVIGATION DISTRICT BOARD OF COMMISSIONERS
John Wood
Chairman
Vice-Chairman
Secretary
Commissioner
Commissioner
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PORT OF BROWNSVILLE ADMINISTRATION
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PORT DIRECTORY
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October 10
Columbus Day
October 16-19
October 19
BND Board Meeting
October 20
Brownsville Propeller Club Meeting
October 23-26
October 31
Halloween
November
2
BND Board Meeting
November 6
Daylight Saving Time ends- Turn your clocks back one hour
November 8
Election Day - Don't forget to vote!
November 11
Veteran's Day - Port offices closed
November 16
BND Board Meeting
November 17
Brownsville Propeller Club Meeting
November 24
Thanksgiving - Port offices closed Nov. 24-25
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International Shipbreaking Wins Bid to Scrap
USS Independence
International Shipbreaking Ltd., part of the EMR Group, won a U.S. Navy bid to dismantle the decommissioned USS Independence.
This will be International Shipbreaking's third supercarrier: The company took delivery of the former USS Constellation, a Kitty Hawk-class carrier, in January 2015 and the former USS Ranger, a Forrestal-class carrier, in July 2015.
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DOE Grants Permission
to NextDecade for
Export of LNG
NextDecade LLC’s proposed Rio Grande LNG facility on 1,000 acres at the Port of Brownsville has been granted permission by the U.S. Department of Energy to export liquefied natural gas to countries with which the United States has Free Trade Agreements.
Rio Grande LNG is one of three companies that have announced plans for natural gas liquefaction/ export terminals at the port. NextDecade filed its FTA application in December 2015. The DOE authorized it to export up to 27 million tons of LNG per year for a 30-year term.
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