Cargo moved by rail at the Port of Savannah reached 47,132 containers in January, an increase of 10,000 boxes, or 27 percent.
“Customers 250 miles inland and greater are tapping Savannah as their port of choice for ag exports, manufacturing components and retail goods,” said Georgia Ports Authority President and CEO Griff Lynch. “The investments we’ve made in rail capacity have not only increased the number of containers the Port of Savannah can handle each year, but extended our reach to new markets that can be served effectively by Garden City Terminal.”
GPA put the finishing touches on its $220 million Mason Mega Rail project last year, providing 24 miles of on-terminal track.
“Areas such as Atlanta, Dallas and Memphis rely on the Port of Savannah to handle import and export goods with speed and efficiency,” Lynch said. “Our improved capacity means businesses across these important markets can grow their trade through Georgia.”
GPA handled 428,000 twenty-foot equivalent container units in January, an increase of 6,300 containers, or 1.5 percent compared to the same month last year.
“Our goal is to ensure GPA customers have the necessary port infrastructure capacity and supply chain connectivity to support their long-term growth ambitions in world markets. This is what drives our port master plan investments,” said GPA Board Chairman Kent Fountain. GPA recently completed $1.9 billion in infrastructure improvements and anticipates investing $4.2 billion in the next 10 years.
At the Port of Brunswick, Colonel’s Island Terminal handled 65,400 units of Roll-on/Roll-off cargo in January. After a strong showing with 51 Ro/Ro vessel calls last month, GPA is on track to handle a record of approximately 800,000 vehicles in Fiscal Year 2024. The Authority’s monthly average for Ro/Ro cargo is 69,000 units for the fiscal year to date, compared to a monthly average of 60,400 units for the same period last fiscal year.
Georgia’s ports and inland terminals support more than 561,000 jobs throughout the state annually, contributing $33 billion in income, $140 billion in revenue and $3.8 billion in state and local taxes to Georgia’s economy. GPA anticipates investing $4.2 billion in the next ten years as part of its port master plan to expand cargo handling capabilities to support future supply chain requirements. As part of GPA’s community engagement efforts, $6 million will be donated to communities located near the Port of Savannah to support a multi-year, local workforce housing initiative. CNBC ranked Georgia #1 in the U.S. for infrastructure in America’s Top States for Business in 2023. Area Development – a site selection news outlet for the U.S., has ranked Georgia as the Top State to Do Business for ten consecutive years.
Source :Hellenic Shipping News
