The sustained year-over-year gains propel the Georgia Ports Authority to expedite more than $538 million in funding for projects aimed at increasing capacity at the Port of Savannah.
More than 20 years after the planning began, the Port of Savannah shipping channel has been deepened to 47 feet at low tide.
Congestion could go from bad to worse as liners steer a record number of container ships toward East Coast ports.
The Coast Guard said it is working with the Maryland Department of the Environment to refloat the grounded Ever Forward.
Georgia Ports Authority outlined projects that would take container capacity to 9.5 million TEUs by 2025.
The Port of Savannah has seen monthly port records for the past 18 months.
The Port of Savannah handled a record 5.6 million TEUs in 2021.
Popular interest in the supply chain may have faded, but the pileup of ships waiting offshore keeps growing.
Carriers and shippers are turning to East Coast ports as Los Angeles/Long Beach remains mired in congestion.
The Health Industry Distributors Association said that between 8,000 to 12,000 containers filled with millions of critical medical supplies are delayed.
The Port of Savannah handled 6.7% more containers in November compared to a year ago, according to the Georgia Ports Authority.
Georgia port officials are engaged in what appears to be the largest current expansion of a port in North America.
Innovation and investment are the watchwords at the Georgia Ports Authority, where officials are rushing to deal with supply chain constraints.
Onboarding accounts should be a bigger thing than it is; airports used as container storage yards; airfreight is now an affordable option; and a few more quarterly earnings dissected.
Desperate times call for desperate measures, and Georgia port officials are pulling every lever possible to reduce shipping delays that are having a national impact.
Port America, Ceres and SSA Atlantic have formed joint venture Gateway Terminals at the Port of Savannah as a way to consolidate terminal, truck gate and stevedoring services.
Upward of 2,000 empty containers are being sent to LA, potentially creating more burden on the congested port.
For the time being, two ocean services will not call Georgia’s busy Port of Savannah.
The East Coast ports of Savannah and Jacksonville are adding more container capacity amid long-term plans to serve as an alternative to West Coast ports.
Container volumes rose 25% at the Port of Savannah, while auto and machinery units grew 39% at Brunswick.
