The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017.
“Cargo expansion related to growth in inland markets, as well as increased demand right here in the U.S. Southeast have shifted the global logistics arena in Savannah’s favor, with more port users choosing to serve their customers via Georgia’s deepwater terminals,” said GPA Executive Director Griff Lynch.
For Calendar Year 2018 through November, the Port of Savannah has handled 4 million twenty-foot equivalent container units, up from 3.72 million over the same period last year. Containers currently booked for December will add approximately 362,000 TEUs to the annual total.
The Georgia Ports Authority achieved 11.4 percent growth in container volumes in November, handling 344,506 TEUs last month, an increase of 35,359. With 151 vessel calls at the container port, Garden City Terminal averaged 1,322 container moves per vessel in November.
It is the 25th consecutive month the GPA has posted positive year-over-year growth.
“Every additional container we move means new business in trucking, rail and warehousing,” said GPA Board Chairman Jimmy Allgood. “The ripple effect of the success at Georgia’s ports means additional jobs and income coming to our neighbors and communities across the state.”
Port officials predict brisk container business at the Port of Savannah moving into 2019. Several vessel calls were rescheduled from the end of November to the beginning of December. Combined with planned December trade, this should result in strong numbers to round out the year. Additionally, many carriers are expected to make above-average cargo exchanges in January ahead of the Chinese New Year celebration, which begins on Feb. 5.