Subscribe to our free, weekly email newsletter!


Management Update: Gulf ports gain share.

By Staff
April 01, 2010

Georgia Ports Authority's (GPA) Executive Director Curtis J. Foltz announced at its board meeting that the GPA continued to experience positive growth during the month of February and has recorded three consecutive months of increased trade through its ports. “Three consecutive months of double-digit growth is a positive sign that overall market conditions have improved considerably since last year,” said Foltz. Overall tonnage reports for February 2010 showed gains of 29.7 percent, which brings the GPA's year-to-date volume for the first eight months to a 2.7-percent increase compared with the same time period last year. Container volume showed strong growth, posting a 20.6 percent increase in TEUs compared with the same period last year.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Disruptions at West Coast ports, which were resolved at the end of February, may have distorted the numbers

Growth firmly remains in the cards for both the manufacturing and non-manufacturing sectors in 2015. That was the main takeaway from the December 2014 Semiannual Economic Forecast from the Institute for Supply Management (ISM), which, in many ways, picked up where its companion Spring 2014 report published last April left off.

First quarter revenue of $1.776 billion was down 4.8 percent annually but up 4.6 percent in constant currency. And adjusted EBITDA at $51 million saw an 18.6 percent annual gain, with a 23.3 percent increase in constant currency.

Heading into 2015, the intermodal sector was faced with the same challenges it had exiting 2014, namely the West Coast port labor disruption and harsh winter weather. But even with these obstacles volumes still managed to show overall growth on an annual basis, according to the most recent edition of the Intermodal Market Trends & Statistics Report from the Intermodal Association of North America (IANA).

Forget cost cutting. Innovation and sustainability are the most important factors in business today. The companies that get it right can still win in a flat economy, says ISM CEO Tom Derry.

Article Topics

Management Update · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA