PORT OF SAVANNAH INCREASING REEFER CONTAINER CAPACITY The Georgia Ports Authority is increasing chilled cargo capacity at the Port of Savannah to stay ahead of anticipated growth in demand for reefer container volumes. Private chilled and frozen warehouse space in Savannah is set to grow by 1% in 2023 to more than 2.2 million square …
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EAST COAST CONTAINER IMPORTS STILL FAR ABOVE PRE-PANDEMIC LEVELS East Coast ports continue to rack up wins versus West Coast rivals. Port announcements in recent days highlight just how much ground the East Coast has gained during the pandemic era. The latest stats also reveal that the sequential month-on-month volume slide from the pandemic peak …
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PORT OF SAVANNAH CARGO VOLUMES HIT RECORD 5.9 MILLION TEUS IN 2022 The Port of Savannah, billed as the fastest growing container terminal in the U.S., handled a record 5.9 million TEUs in 2022 for an increase of 5% over 2021, the Georgia Ports Authority announced Tuesday. The Port of Savannah last year benefitted from …
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US GULF PORTS AIM TO SUSTAIN VOLUME GAINS AFTER BANNER 2022 Houston and Mobile are both in the middle of major expansion projects, including dredging to allow bigger ships to call, but those projects will not complete until 2025 at the earliest. CHARLESTON GROWTH DRIVES PRIVATE EQUITY ACQUISITION OF DRAYAGE CARRIER Population and economic growth …
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EAST COAST PORT OF NEW YORK AND NEW JERSEY HOLDS LEAD AS BUSIEST U.S. PORT IN NOVEMBER The Port of New and New Jersey ranked as the busiest port in the United States for a fourth month in a row in November. The Port of New York and New Jersey first overtook the Port Los …
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DATA HELPING DRIVERS ACHIEVE HIGHER LA-LB DUAL TRANSACTION RATES: DRAY ALLIANCE It is enabling “above market” use of so-called dual transactions in the ports of Los Angeles and Long Beach this year. The company, which in December raised $40 millions, 83.8 percent of the company’s transactions at the Southern California port complex involve a driver …
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US DOT GIVES FUNDS TO GEORGIA INLAND PORT RAIL UPGRADES The US Department of Transportation has awarded $6.2 million to upgrading part of tracks that connect the port of Savannah to Georgia’s first inland port, part of the broader $368 million in grants the agency awarded as part of a nationwide railroad investment program. The …
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