October 6 - Georgia Ports Authority (GPA) moved 714,008 units of automobiles and heavy machinery through the ports of Savannah and Brunswick during its 2015 fiscal year, which the authority claims is the highest volume ever reported.
Total cargo handled across all of the GPA terminals reached 31.7 million tonnes for the 2015 fiscal year, which represents a 7.8 percent year-on-year increase.
"In FY2015, we experienced unprecedented growth, with West Coast diversions to East Coast ports, a recovering US economy and import market share gains leading to all-time highs in cargo volume," said GPA executive director Curtis Foltz during his annual State of the Port address. "The fact that we were able to handle this influx of business without congestion has opened doors to long-term opportunities for Georgia."
Foltz also revealed a USD142 million capital expenditure plan for the 2016 fiscal year, which includes increasing capacity at the Garden City Terminal, as well as progressing with the deepening of Savannah's harbour.
"This new improvement plan will continue to keep Savannah's capacity ahead of demand," added Foltz.
