Current:Home > StocksGeorgia seaports handled a record number of automobiles in 2023 while container trade dropped 16% -TradeSphere
Georgia seaports handled a record number of automobiles in 2023 while container trade dropped 16%
View
Date:2025-04-14 12:18:51
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! (4762)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Another Disney princess, another online outrage. This time it's about 'Snow White'
- Brazil’s Bolsonaro accused by ex-aide’s lawyer of ordering sale of jewelry given as official gift
- FEMA has paid out nearly $4 million to Maui survivors, a figure expected to grow significantly
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Maui bird conservationist fights off wildfire to save rare, near extinct Hawaiian species
- Washington, DC is most overworked city in US, study finds. See where your city lies.
- Messi speaks publicly for 1st time since joining Inter Miami and says he’s happy with his choice
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Military veteran says he soiled himself after Dallas police refused to help him gain restroom entry
Ranking
- Small twin
- Washington, DC is most overworked city in US, study finds. See where your city lies.
- 'Vanderpump Rules' star Raquel Leviss says she has a 'love addiction.' Is it a real thing?
- Metals, government debt, and a climate lawsuit
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Gambler blames Phil Mickelson for insider trading conviction: 'He basically had me fooled'
- Washington, DC is most overworked city in US, study finds. See where your city lies.
- Daughter says NYC shark bite victim has had 5 surgeries and has been left with permanent disability
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Ashley Tisdale Calls BFF Austin Butler Her Twin Forever in Birthday Tribute
'Pretty little problem solvers:' The best back to school gadgets and gear
Kate Spade 24-Hour Flash Deal: Get This $460 Tote Bag for Just $99
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
U.S. businessman serving sentence for bribery in Russia now arrested for espionage
IRS agent fatally shot during training exercise at north Phoenix firing range
Hurricane Hilary poses flooding risks to Zion, Joshua Tree, Death Valley national parks