Savannah

August volumes fall 28% from year-ago highs at Port of Savannah

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Port of Savannah volumes slumped year over year (y/y) in August amid gains for rail volumes at the...

https://www.freightwaves.com/news/august-volumes-fall-28-from-year-ago-highs-at-port-of-savannah

July volumes at Georgia Ports Authority climb 18%

An aerial photograph of a berth at the Port of Savannah.

July volumes at the Georgia Ports Authority were 18% higher year over year, kicking off what the operator says is “the fastest start ever” for a new fiscal year.

GPA handled 530,800 twenty-foot equivalent units in July. The 2023 fiscal year runs from July 1 to June 30, 2023.

Since January, GPA has handled 3.4 million TEUs, which is 7% higher than the same period in 2021. 

July’s volume growth comes as East Coast and Gulf Coast ports have been seeing an increase in vessels as operators seek to...

https://www.freightwaves.com/news/july-volumes-at-georgia-ports-authority-climb-18

G&W subsidiary to service Hyundai’s $5.5B EV and battery facility

A train on a rail track with intermodal containers in the background.

Georgia Central Railway will service Hyundai Motor Group’s new $5.5 billion electric vehicle and battery manufacturing facility near Savannah, Georgia, its parent company Genesee & Wyoming announced Monday. 

The short line will transport inbound materials to support production, as well as outbound finished vehicles to markets across the U.S. Commercial production is expected to start in the first half of 2025. Georgia Central has access to the North American rail network via CSX (NASDAQ: CSX)...

https://www.freightwaves.com/news/gw-subsidiary-to-service-hyundais-55b-ev-and-battery-facility

Savannah Pilots take delivery of new pilot boat

In early March 2022, Snow & Company of Seattle, Wash., handed off Savannah, the first of two new 64-foot aluminum pilot boats to the Savannah Pilots Association.

Designed by Camarc Design of the U.K., the single chine, flush deck 5086 aluminum vessel is the third pilot boat that Camarc has designed for the Savannah pilots. 

Savannah is powered by MTU 12V2000M86 marine engines, Hamilton HTX 52 waterjets with electronic AVX controls, ZF 3055 marine gears, and Geislinger Carbon Fiber driveshafts /...

https://www.marinelog.com/shipbuilding/savannah-pilots-take-delivery-of-new-pilot-boat/

Port of Savannah plans to boost container capacity by 60%

Georgia Ports Authority has unveiled a plan to increase container capacity at the Port of Savannah by 60%, from the current 6 million twenty-foot equivalent units to 9.5 million TEUs by 2025.

A number of projects are already underway to reach this goal, port officials said. About 400,000 TEUs of capacity was just added at the Garden City Terminal, which will add an additional 820,000 by June, while a new upriver container yard will yield another 500,000 TEUs in capacity. These projects will add...

https://www.freightwaves.com/news/port-of-savannah-plans-to-boost-container-capacity-by-60

Georgia Ports: Adding capacity has ‘broken the logjam in global logistics’

January marked the 18th consecutive month that the Port of Savannah in Georgia attained a monthly record. 

The Port of Savannah handled 479,700 twenty-foot equivalent units in January, rising 4% from January 2021, Georgia Ports Authority said Wednesday. 

The records come as East Coast ports have seen volumes rise as shippers seek an alternative to the crowded Southern California ports. January’s record also comes amid strong consumer demand. The National Retail Federation and Hackett Associates...

https://www.freightwaves.com/news/georgia-ports-adding-capacity-has-broken-the-logjam-in-global-logistics

Port of Savannah overcomes ‘serious headwinds’ to land cargo record

The Port of Savannah handled record volumes in 2021, moving 5.6 million twenty-foot equivalent units and sending volumes up 20% year-over-year.

The sizable increase comes as the port experienced 12 consecutive months of record container growth, the Georgia Ports Authority said. 

East Coast ports, including Savannah, have served as an alternative to the congested Southern California ports, although some East Coast ports experienced congestion of their own in 2021.

Volumes at the Colonel’s Island...

https://www.freightwaves.com/news/port-of-savannah-overcomes-serious-headwinds-to-land-cargo-record

Check Call: Rethinking the cost of new hires

Hot Take

image: memegenerator.net

The great resignation has affected all of us by now. Over the past year we’ve seen people quit jobs at a staggeringly higher rate than ever before, whether due to working conditions, wage inequality, a lack of freedom or something else. Most companies are now trying to make sure the employees they have retained thus far aren’t planning on jumping ship. 

Hiring new employees is one of the largest business expenses for major brokers. Volumes for brokerages this...

https://www.freightwaves.com/news/check-call-rethinking-the-cost-of-new-hires

FreightTech’s Glow Up

Group of people huddled around desks

Hot Takes

Image: Jim Allen/FreightWaves

Over the past few weeks we’ve seen the biggest glow up that the FreightTech industry has had in a long time. 

Last week alone we saw three major players in the FreightTech world get the opportunity to take their companies to the next level. The first round of FreightTech startups has graduated to the big leagues, leaving a trail of others hoping to follow in their footsteps. 

These hopefuls waiting in the wings are bringing more to the party than their...

https://www.freightwaves.com/news/freighttechs-glow-up

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