Subscribe to our free, weekly email newsletter!


The Georgia Ports Authority reports strong growth in February

Fiscal-year-to-date volume is up 13.6 percent for TEUs compared with the same time period the previous fiscal year.
By Patrick Burnson, Executive Editor
March 22, 2011

The Georgia Ports Authority (GPA) announced that it experienced 16.3 percent container volume growth in February 2011 with additional impressive gains in automobiles, machinery and wood pulp.

“Our ports are critical to Georgia’s continued economic recovery,” said Governor Nathan Deal. “Additional cargo creates jobs in many sectors including farming, manufacturing, transportation and logistics. Propelling the flow of cargo will spur a thriving business climate and new opportunities for Georgia and the entire Southeast.”

Curtis Foltz, GPA’s executive director, reported to the Board of Directors last week that a total of 235,665 twenty-foot equivalent units (TEUs) crossed Georgia’s docks in February alone. Fiscal-year-to-date volume is up 13.6 percent for TEUs compared with the same time period the previous fiscal year.

This was trend also noted in a recent report issued by Zepol Corporation, a trade intelligence company.


“This has been a trend we’ve been tracking for the past three years,” said Zepol president and CEO, Paul Rasmussen. “More than 50 percent of cargo now coming to the East Coast emanates from Asia.”

“Heavy volumes have been driven by ongoing market recovery and continued inventory replenishment,” said Foltz. “Exports continue to outpace imports since the depth of the recession in 2009.”

“The continued growth experienced at the Port of Savannah further highlights the need for the successful completion of the Savannah Harbor Expansion Project,” said GPA Chairman of the Board Alec L. Poitevint. “The world’s shipping lines and beneficial cargo owners have made the Port of Savannah the gateway to the Southeast because of our efficient operations, outstanding rail connectivity and ability to access 44 percent of the U.S. population.”


Break-bulk tonnage continued to reflect a strong global industrial recovery reporting a 51.6 percent February increase handling 177,073 tons for the month. Fiscal-year-to-date break-bulk tonnage increased 50.3 percent compared with the previous fiscal year. The growth was driven by significant increases in export traffic through the GPA’s Ocean Terminal facility in wood pulp, machinery and automobiles.

Autos and machinery units posted the second best month ever for Savannah and Brunswick. The majority of the GPA’s auto activity was at Colonel’s Island Terminal, which reported a 78.9-percent increase and moved 40,734 units. The high automobile volumes are reflective of market share gains by the primary brands the GPA handles, specifically Hyundai, Mercedes, BMW, Kia and Volkswagen.

For related stories click here.

About the Author

image
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 .(JavaScript must be enabled to view this email address).


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

FTR says both spot rates and contract rates are heading up in a full capacity environment and with the fall shipping season rapidly approaching, it explained conditions for shippers could further deteriorate.

Read how others are using Business Process Management to achieve ERP success with Microsoft Dynamics AX. Download the free white paper now.

Now that Congress has issued another highway funding Band-Aid – a $10.9 billion highway bill through next May that former Transportation Secretary Ray LaHood blasted as “totally inadequate” – what can we expect as the infamously do-nothing 113th Congress winds down in the next month before taking yet another recess to prep for the mid-term elections?

Seasonally-adjusted (SA) for-hire truck tonnage in July headed up 1.3 percent on the heels of a 0.8 percent increase in June. The ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, was 133.3 in July, which outpaced June’s 132.3 by 0.8 percent, and was up 2.8 percent annually.

Volumes for the month of July at the Port of Long Beach (POLB) and the Port of Los Angeles (POLA) were mixed, according to data recently issued by the ports. Unlike May and June, which saw higher than usual seasonal volumes, due to the West Coast port labor situation, July was down as retailers had completed filling inventories for back-to-school shopping.

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA