THE georgia Ports Authority (GPA) handled 422,300 TEU in December 2023, down four per cent or almost 18,500 TEU from the same month in 2022.
In 2023, the Port of Savannah handled 4.9 million TEU, a 16 per cent decline from the previous year. Higher inflation and interest rates reportedly hampered consumer purchasing, resulting in more inventory in warehouses, reports London's Port Technology.
In contrast, the Port of Brunswick handled a record 775,565 vehicles and machinery last year, up 15.6 per cent from the previous year.
GPA's US$262 million investment and expansion acreage aim to make Colonel's Island the premier ro-ro facility in the US.
Georgia Ports president and CEO, Griff Lynch, stated: 'At its current rate of growth, the Port of Brunswick is poised to become the nation's busiest gateway for ro-ro cargo. We will be ready to serve this growth with our capital improvement projects underway and available land to expand to demand.'
In December 2023, the GPA board approved a $127 million budget to build the Blue Ridge Connector, an inland rail terminal in Gainesville linking Northeast Georgia with the Port of Savannah's 35 global container ship services.
That same month, GPA outlined its recent port enhancements at the 2023 Georgia Transportation Summit.
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In 2023, the Port of Savannah handled 4.9 million TEU, a 16 per cent decline from the previous year. Higher inflation and interest rates reportedly hampered consumer purchasing, resulting in more inventory in warehouses, reports London's Port Technology.
In contrast, the Port of Brunswick handled a record 775,565 vehicles and machinery last year, up 15.6 per cent from the previous year.
GPA's US$262 million investment and expansion acreage aim to make Colonel's Island the premier ro-ro facility in the US.
Georgia Ports president and CEO, Griff Lynch, stated: 'At its current rate of growth, the Port of Brunswick is poised to become the nation's busiest gateway for ro-ro cargo. We will be ready to serve this growth with our capital improvement projects underway and available land to expand to demand.'
In December 2023, the GPA board approved a $127 million budget to build the Blue Ridge Connector, an inland rail terminal in Gainesville linking Northeast Georgia with the Port of Savannah's 35 global container ship services.
That same month, GPA outlined its recent port enhancements at the 2023 Georgia Transportation Summit.
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