Category: Uncategorized
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GPA’s Growing Impact on Georgia’s Economy
The continued surge of trade through the state’s ports has meant a parallel increase in their impact on the Georgia economy, according to a report to be issued Tuesday. The report, commissioned by the Georgia Ports Authority, concludes that the ports — Savannah and Brunswick — support 561,000 jobs across the state, according up from…
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GPA’s Growing Pains Felt Well Beyond Docks and Gates
No Savannah sight mesmerizes quite like a fully loaded container ship slipping by the River Street waterfront. That’s saying something in a town littered with centuries-old oak trees dripping with Spanish moss and historic architectural marvels. The freighters cause so many double takes. Akin to skyscrapers tipped on their sides, the gargantuan ships have a…
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The Secret Sauce Behind the Georgia Ports
Savannah’s population and development boom of the past year is not the result of a pandemic fluke. It’s the culmination of more than 50 years of population growth, economic development and port expansions, according to Jeff Humphreys, an economist with the University of Georgia Terry College of Business who’s studied the economic impact of the…
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New Supply Chain Challenges Face US Ports
The congestion is raising costs and adding complications for importers managing the flow of goods in a fragile U.S. economy. Port bottlenecks that have tied up U.S. supply chains are spreading from the docks to the country’s freight rail networks, raising costs and adding new shipping complications for importers trying to manage the flow of…
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GDOT Confirms Traffic Back to Normal
ATLANTA — If you are heading back to work or school on Monday after spring break, make sure you give yourself enough time to deal with traffic on the roads. Two years after the COVID-19 pandemic kept people home instead of out working, shopping and socializing, the Georgia Department of Transportation says traffic on our…
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Port of Savannah to Grow Capacity by 60%
At today’s Savannah State of the Port, Griff Lynch, Georgia Ports Authority’s (GPA) executive director, unveiled plans to expand the port’s container capacity by 60 percent. The enhancements will bring the Port of Savannah’s annual capacity from 6 million twenty-foot equivalent container units to 9.5 million TEUs by 2025. “Our expansion is being matched by…
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GPA to Expand Container Capacity Even As Supply Chain Woes Ease
Georgia Ports Authority to expand container capacity even as supply chain pressures ease Storage space to increase on terminal; pop-up yards coming online across the Southeast, including at Savannah’s Norfolk Southern Dillard Yard Portrait of Nancy GuanNancy Guan Savannah Morning News 0:07 / 2:25 The Georgia Ports Authority (GPA) continues to expand its capacity at…
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Georgia Ports to Add 1.4m TEUS
On the heels of reporting the second busiest month in its history, the Georgia Ports Authority Board approved more than $34 million to help expedite an additional 1.6 million twenty-foot equivalent container units in capacity that will begin coming online in December. “In three months, this investment will begin to deliver the additional capacity we…
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Shipping Delays and Higher Rates Get Small Businesses Jammed Up
Small importers bear the brunt of snarled supply chains; ‘$17,000 and it won’t move until September’. Long waits for merchandise deliveries and crippling costs are hobbling the efforts of small and midsize businesses across the U.S. to benefit from the economic recovery after a difficult year…
