Savannah outperforms market

Business is booming at the Georgia Ports Authority thanks to a current shift away from West Coast trade and an increase in car makers’ productivity.

savannah

The Georgia Ports Authority handled 552,800 teu container units in October, an increase of 9.6% compared to the same month last year.

“Customers continue to bring new or expanding business to the Port of Savannah, drawn by our global connectivity and the supply chain network that links Savannah to major US markets,” said GPA executive director Griff Lynch.

“We can report that ships at anchor are trending downward and expanded berth capacity coming online next year will allow us to serve our growing customer base with even greater efficiency.”

Ports on the East Coast of the US are experiencing a boost in trade as a result of continuing congestion and industrial action on the West Coast, with GPA handling 575,000 teu in October, experiencing its second busiest month on record (topped only by August this year). GPA has now topped half a million teu in three of the first four months of fiscal year 2023.

In the opening months of the current fiscal year, 160 importers were either new customers at the Port of Savannah or existing customers who grew their Savannah trade by 20% or more.

Port of Brunswick

The Port of Brunswick also achieved significant growth in October. Colonel’s Island Terminal handled 70,233 units of RoRo cargo last month, an increase of 22,045 units or nearly 46%.

“Greater availability of computer chips has allowed carmakers to increase production,” said GPA chief commercial officer Cliff Pyron. “This, combined with manufacturers’ traditional end-of-year push, yielded strong results for our October auto volumes.”