Ocean cargo/global logistics: New report says Georgia ports are aiding economic recovery

Port operations help to preserve Georgia’s manufacturing base and foster growth of the state’s massive logistics, distribution and warehousing sectors.

By ·

Georgia Ports Authority (GPA) Executive Director Curtis J. Foltz announced today the results of a study that confirms Georgia’s deepwater ports continue to be one of the state’s strongest economic engines, fostering the development of virtually every industry.

“I am pleased to report that the Ports of Savannah and Brunswick have maintained and created jobs for Georgia, despite the recent economic downturn,” GPA’s Executive Director Curtis J. Foltz. “The fundamental finding of this study is that the state’s strategic decisions to invest in our two deepwater ports have contributed to substantial economic activity in Georgia.”

The study entitled, “The Economic Impact of Georgia’s Deepwater Ports on Georgia’s Economy in FY2009” reveals, that even during one of the worst recessions since the Great Depression, Georgia’s ports sustained jobs and increased its economic impact for the state. The study was conducted by the Terry College of Business at the University of Georgia based on statistics from July 1, 2008 through June 30, 2009.

“The outstanding performance of Georgia’s deepwater ports reflects strong competitive advantages that allowed it to expand its market share,” said GPA’s Chairman of the Board Stephen S. Green. “These advantages are largely the result of strategic investments in port facilities by our state’s leadership”.

According to the study, Georgia’s deepwater ports support 295,422 full- and part-time jobs, which is nearly seven percent of Georgia’s total employment, or 9,000 additional jobs since the last study was conducted in 2006. This means that one job out of every 15 in Georgia is in some way dependent upon its ports.

“These economic impacts demonstrate that continued emphasis on imports and exports through Georgia’s ports translates into jobs, higher incomes, greater production of goods and services and revenue collections for government,” said Dr. Jeffrey M. Humphreys, Director of the Selig Center at the University of Georgia’s Terry College of Business. “As the state and national economies gain momentum, Georgia’s deepwater ports will thrive, generating even more substantial economic impacts in future fiscal years.”

Port operations help to preserve Georgia’s manufacturing base and foster growth of the state’s massive logistics, distribution and warehousing sectors. The ports are especially supportive of the state’s thriving agricultural industry

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

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!

Article Topics

All Topics
Latest Whitepaper
Efficiency improvements in Track/Trace Enhances Customer Loyalty
Consumer satisfaction with the quality of your products is clearly important, but the service you provide before and after the sale is equally important to any business, but often overlooked as benefiting the bottom line.
Download Today!
From the October 2016 Issue
Over the past decade we’ve seen a major trend in regards to safety regulations for freight transport within the United States as well as for import and export shippers—that trend is the “international­ization” of rules and regulations.
European Logistics Update: Post-Brexit U.K. moving ahead, but in which direction?
Badcock Home Furniture &more: Out with paper, in with Cloud TMS
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
How API Technology Connects the Transportation Economy
Dynamic decision making is made possible through accurate, actionable data. When combined with progress in data science and the Internet of Things, technology companies that add value to direct-to-carrier APIs and combine them with high-power data analytics will create new concepts for the information economy.
Register Today!
Motor Carrier Regulations Update: Caught in a Trap
The fed is hitting truckers with a barrage of costly regulations in an era of scant profits....
25th Annual Masters of Logistics
Indecision revolving around three complex supply chain elements—transportation, technology and...

2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...