Dixie Cullen Interests Inc Newsletter
May  2009
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Fastest Growing
40,000,000 Million.   A nice round number,  40,000,000 million pounds.   At least that our starting weight,  it does not include the machine tools and palletized storage that we store and handle for our customers on a monthly basis.
Inventory Management is at the very core of the Storage and Material Handling services that we offer our clients.  Knowing what we have on our floor for each of our customers is essential,  not only for them but for us.
Give us a call today to see how we can assist you with your storage and inventory management needs.
  Dixie Cullen Sponsors U. S. Department of Commerce Business Matchmaking Event

DCI Sponsorship

The Houston Oil Tool Show, is always an exciting event, one that we enjoy attending and opening our warehouse facility for visitors who are in Houston for the week.
This month is the first time that we have participated by sponsoring one of the "Business Matchmaking Sessions"  in which companies attending OTC could meet with  Comercial Specialists  from many of the US Embassy's from around the world.
We were quite pleased to see the number of companies that were taking advantage of this wonderful opportunity and trying to expand their operations in a Global Market.


Revenues drop at the Port of Houston
We find that there is so much information out there, that we could not begin to include everything in our newsletter, so we have set up a "BLOG" that we post to on a regular basis.    You can bookmark this link and check whenever you wish.
May 7, 2009
Break Bulk News, from the Journal Of Commerce 
A slumping economy sent Port of Houston revenue down 10 percent in the first quarter compared to the first three months of 2008, the Port Authority reported.

Movement of shipping containers dropped 12 percent for the quarter as effects of the global economic recession rippled up the Houston Ship Channel, officials said.

Another significant drop was in the export of plastic resins - created by Houston-area petrochemical plants and shipped overseas for the manufacture of plastic consumer goods. Automobile imports and exports fell 22 percent.
Revenue for the quarter was $43.2 million, compared with $48.2 million a year ago.

The port has experienced double-digit growth for the past eight years. But in November the first inklings of drastically reduced cargo volumes prompted port staffers to withdraw their first budget and submit a revised budget for 2009.

The new budget, approved by the Port Commission in February, dropped projected revenue for this year by 16 percent, from $218 million to $183 million. Last year, the port made $197 million in operating revenue.

Neils Aalund, vice president of the West Gulf Maritime Association, which represents some of the private businesses along the Ship Channel, acknowledged the recession's impact but said Houston is doing better than other U.S. ports. For example, steel exports and imports were up 13 percent this quarter at the Port Authority's docks.

Officials said that the first quarter results, while revealing a drop from a year ago, were better than expected. The port projected it would lose $776,000 this quarter but had net income of $2.7 million.

Contact us today to discuss how we can be of assistance to you with your storage, export preparation and material handling needs.
Catherine James
Dixie Cullen Interests Inc