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August 01, 2018

Port of Savannah container volume reaches 4.2 million TEUs in FY18

The Georgia Ports Authority (GPA) announced that it handled a record 4.2 million twenty-foot equivalent container units in Fiscal Year 2018 (July '17 - June '18), for an impressive 8.4% increase year-over-year, or 325,000 additional units.

"Moving more than 4 million TEUs in a single fiscal year is an important milestone for Georgia," said GPA Executive Director Griff Lynch. "Georgia's logistical advantages, along with the Southeast's population growth, have resulted in increased demand, while the expanded Panama Canal has cleared the way for larger vessels to call Savannah."

The GPA said it capped FY18 with its 20th consecutive month of positive year-over-year growth. In its busiest June ever, the Port of Savannah handled 370,725 TEUs, up 9.8 percent (33,014 TEUs) over June 2017. It was the Authority's 18th month in a row handling more than 300,000 TEUs.

In addition, intermodal rail lifts surged to 435,000, an increase of 16.1%, or more than 60,000 additional moves, another record for the GPA.

Source: GPA