Current:Home > InvestGeorgia seaports handled a record number of automobiles in 2023 while container trade dropped 16% -BeyondWealth Learning
Georgia seaports handled a record number of automobiles in 2023 while container trade dropped 16%
View
Date:2025-04-15 01:25:48
SAVANNAH, Ga. (AP) — The Georgia Ports Authority said Tuesday that it moved a record number of automobiles across its docks in Brunswick last year, while goods shipped to Savannah in cargo containers declined 16%.
The Port of Brunswick rolled more than 775,000 autos and heavy machinery units on and off ships in the 2023 calendar year, when U.S. auto sales saw their biggest increase in more than a decade. That is the port’s highest ever auto and machinery total and an increase of more than 15% over the previous year.
The news comes as port authority CEO Griff Lynch has set a goal of Brunswick surpassing the Port of Baltimore as the No. 1 U.S. port for automobile imports and exports. The Georgia agency is investing $262 million in upgrades and expansions to make room for growth at the Brunswick port, located about 70 miles (112 kilometers) south of Savannah.
“We have been investing in Brunswick. We’ve been creating capacity in Brunswick,” Lynch said in an interview, adding that more growth is possible in 2024. “Autos are strong. I mean, the economy will drive the autos, so we’ll have to see how that plays out. But right now, they’re strong.”
Auto shipments into Georgia boomed last year as sales surged amid pent-up demand following a computer chip shortage that slowed assembly lines.
Georgia’s push to become a Southern hub for electric vehicle production is expected to send more autos across Brunswick’s docks in the coming years. Hyundai is building its first U.S. plant dedicated to EVs west of Savannah, while electric truck maker Rivian is constructing a factory east of Atlanta. Kia last summer announced an expansion of its plant in West Point to manufacture electric SUVs.
Meanwhile, the Port of Savannah saw a notable dip in cargo shipped in containers, the giant metal boxes used to pack retail goods from consumer electronics to frozen chickens. Savannah is the fourth-busiest U.S. seaport for containerized cargo, behind only New York, Los Angeles and Long Beach, California.
Savannah handled 4.9 million container units of imports and exports last year, down 16% compared with calendar 2022. Lynch said retailers ordered less inventory as inflation and higher interest rates cooled consumer spending.
That could be changing. Savannah’s container numbers for January are on track to outpace the same month last year, and Lynch said he anticipates that trend will continue in the coming months.
“I fully believe that when we look at February and March and April, we should see some positive numbers year-over-year,” Lynch said. “The numbers are stronger than we anticipated.”
veryGood! (588)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Taylor Swift and Brittany Mahomes Are Twinning & Winning in New Photos From Kansas City Chiefs Game
- North Korea says it tested solid-fuel missile tipped with hypersonic weapon
- Washington Huskies hire Arizona's Jedd Fisch as next head coach, replacing Kalen DeBoer
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Deal reached on short-term funding bill to avert government shutdown, sources say
- Emergency federal aid approved for Connecticut following severe flooding
- Some low-income kids will get more food stamps this summer. But not in these states.
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Longest playoff win droughts in NFL: Dolphins, Raiders haven't won in postseason in decades
Ranking
- Federal hiring is about to get the Trump treatment
- Q&A: Author Muhammad Zaman on why health care is an impossible dream for 'unpersons'
- The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says
- Wisconsin Republicans’ large majorities expected to shrink under new legislative maps
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Perry High School Principal Dan Marburger, wounded in Jan. 4 shootings, dies early Sunday
- Lions fans boo Matthew Stafford in QB's highly anticipated return to Detroit
- Who is Puka Nacua? What to know about the Rams record-setting rookie receiver
Recommendation
Arkansas State Police probe death of woman found after officer
Turkey detains Israeli footballer for showing support for hostages, accuses him of ‘ugly gesture’
New York governor says Bills game won't be postponed again; Steelers en route to Buffalo
NFL schedule today: Everything to know about playoff games on Jan. 15
Where will Elmo go? HBO moves away from 'Sesame Street'
What is 'Bills Mafia?' Here's everything you need to know about Buffalo's beloved fan base
Rex Heuermann, suspect in Gilgo Beach serial killings, expected to be charged in 4th murder, sources say
Migrant deaths in Rio Grande intensify tensions between Texas, Biden administration over crossings