Current:Home > InvestGeorgia seaport closes gap with Baltimore, the top US auto port -StockHorizon
Georgia seaport closes gap with Baltimore, the top US auto port
View
Date:2025-04-17 19:11:32
SAVANNAH, Ga. (AP) — The executive overseeing Georgia’s seaports said Tuesday that a record 830,000 automobiles moved through the Port of Brunswick south of Savannah in the 2024 fiscal year, bringing it neck-and-neck with the top U.S. auto port.
The combined number of auto and heavy machinery units handled by Brunswick and the Port of Savannah topped 876,000 in the fiscal year ending June 30, the Georgia Ports Authority reported. That’s an increase of 21% over the same period a year ago.
Ports authority CEO Griff Lynch called it “a great year for us.”
The number of cars and light trucks being shipped through the Port of Brunswick has snowballed in the wake of the COVID-19 pandemic. As U.S. auto sales in 2023 saw their biggest increase in a decade, Georgia was investing $262 million in upgrades and expansions in Brunswick to make room for growth. Lynch said those projects are almost complete and should be finished by fall.
Lynch predicted last October that automobile volumes in Brunswick by 2026 would surpass the Port of Baltimore, the No. 1 U.S. seaport for autos for more than a decade.
The new cargo numbers from Georgia indicate that Brunswick is already extremely close. Port officials in Maryland reported that Baltimore handled 847,000 auto imports and exports in the 2023 calendar year.
Baltimore’s shipping channel shut down completely for weeks following the deadly collapse of the Francis Scott Key Bridge on March 26, then reopened in phases before the waterway was fully cleared in June.
It wasn’t immediately known if the Port of Baltimore has automobile volume figures for the 12-month period ending June 30. The Associated Press left phone and email messages Tuesday for a spokesperson for the Maryland Port Administration.
When the bridge collapse forced auto shipments to be diverted from Baltimore, the Port of Brunswick received about 14,000 of those cars and trucks in April and May, Lynch said.
“Baltimore, I would think, is probably still No. 1, but we’re closing the gap,” Lynch said. “We don’t want to be No. 1 because Baltimore had a bridge collapse.”
He also noted Georgia’s big gains in the past year largely resulted from other sources, such as automakers shifting their business to Brunswick from other neighboring ports such as Charleston, South Carolina, and Jacksonville, Florida.
Georgia’s push to become a Southern hub for electric vehicle production could send more autos across Brunswick’s docks, though perhaps not anytime soon. While Hyundai plans to open its first U.S. plant dedicated to EVs west of Savannah before the year ends, Lynch said he expects the factory to focus initially on vehicles for the U.S. market.
“Now I think it’s fairly well understood that, at least in the early years, they would not be exporting a lot of cars,” Lynch said.
Also Tuesday, the ports authority reported that the Port of Savannah handled 5.25 million container units in the latest fiscal year, down 2.3% from fiscal 2023. Savannah is the fourth-busiest U.S. port for cargo shipped in containers. The giant metal boxes are used to transport goods from consumer electronics to frozen chickens.
Container volumes lagged in the last six months of 2023 as retailers with overstuffed inventories scaled back new orders, Lynch said, but started to rebound in recent months.
veryGood! (59742)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Drone video shows freight train derailing in Iowa near Glidden, cars piling up: Watch
- Jeff Bridges, Joseph Gordon-Levitt, more stars join 'White Dudes for Harris' Zoom
- Severe storms in the Southeast US leave 1 dead and cause widespread power outages
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Kevin Costner’s ‘Horizon: An American Saga-Chapter 2’ gets Venice Film Festival premiere
- 2024 Olympics: Judo Star Dislocates Shoulder While Celebrating Bronze Medal
- Delaney Schnell, Jess Parratto fail to add medals while Chinese diving stars shine
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- USA soccer advances to Olympics knockout round for first time since 2000. How it happened
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Black leaders in St. Louis say politics and racism are keeping wrongly convicted man behind bars
- Wisconsin high school survey shows that students continue to struggle with mental health
- Orgasms are good for your skin. Does that mean no Botox needed?
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 2024 Olympics: Gymnast Laurie Hernandez Claps Back at Criticism of Her Paris Commentary
- San Francisco police and street cleaners take aggressive approach to clearing homeless encampments
- US-Mexico border arrests are expected to drop 30% in July to a new low for Biden’s presidency
Recommendation
A White House order claims to end 'censorship.' What does that mean?
DJ Moore signs 4-year, $110 million extension with Chicago Bears
Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say
US suspends $95 million in aid to Georgia after passage of foreign agent law that sparked protests
At site of suspected mass killings, Syrians recall horrors, hope for answers
One Extraordinary Olympic Photo: David J. Phillip captures swimming from the bottom of the pool
Microsoft’s cloud business powers 10% growth in quarterly profits
Jodie Sweetin defends Olympics amid Last Supper controversy, Candace Cameron critiques