Georgia Ports Authority will use internal funds and a $46.8 million federal grant to build the Blue Ridge Connection inland rail terminal in Gainesville.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
Canadian Pacific Kansas City and CSX are seeking approval from the Surface Transportation Board to acquire some of the assets of short line Meridian & Bigbee Railroad. They plan to beef up an Alabama interchange as part of an effort to create a Mexico-Southeast corridor.
The Georgia Ports Authority reported a dip in August volumes at the Port of Savannah. But volume increases for rail traffic and roll-on/roll-off cargo were bright sports for GPA last month.
The new service will provide a direct connection from the Port of Savannah to CSX’s intermodal terminal in Rocky Mount, North Carolina.
Container volumes in July rose sequentially by 17% but were down by 16% year over year at the Port of Savannah, the Georgia Ports Authority said Thursday.
A decline in loaded import volumes pulled the Georgia Ports Authority’s overall 2023 volumes lower.
The Georgia Ports Authority reported its second-busiest February ever.
Although Hurricane Ian dented volumes at Georgia’s ports, Georgia Ports Authority still saw quarterly volumes grow by 9.6% year over year.
The East Coast ports of Savannah and Jacksonville are adding more container capacity amid long-term plans to serve as an alternative to West Coast ports.
The all-time best month tops the mark set in just October.
The port is a top choice for Fortune 100 companies that have been integral to the country’s pandemic response.
Dredging efforts and rail capacity expansions at the Southeastern U.S. ports are part of a broader regional strategy to capture more Midwest-bound container traffic on the East Coast.
The longer the coronavirus crisis continues, “the longer it’s going to take to get the ship righted,” says GPA Executive Director Griff Lynch.
Ports on East and West coasts do expect cargo surge as manufacturing ramps up in China following coronavirus-caused shutdowns.
The upgrades come as company and state officials eye anticipated volume growth at the Port of Savannah.
Georgia Ports Authority touts record volumes and expansion projects during State of the Port event.
$2 billion in capex over the next ten years will nearly double Savannah’s container traffic to 8 million TEUs annually.
Nestlé commits to pumping the brakes on deforestation caused by palm oil production, Maersk surcharges are on the horizon, and Audi announces their plan to break into the electric vehicle market.
Uber Freight is gobbling up $500M per year; the US and China hit each other with a new round of tariffs; Georgia Ports extends its inland intermodal network; Saudi Arabia’s Aramco IPO indefinitely delayed; cannabis supply chains mature; Houston is now an oil exporter.
Amazon has promised to name a location this year for the so-called HQ2 project, which it claims will ultimately employ 50,000 people. Using SONAR, from a freight perspective, we’re here to help.
US Southeast ports to be served by bigger, more modern chassis pool.
Once the Mason Mega Rail terminal is complete, the Port of Savannah will have a state-of-the-art facility, unique to the U.S. East Coast.
