Current:Home > StocksGeorgia seaport closes gap with Baltimore, the top US auto port-VaTradeCoin
Georgia seaport closes gap with Baltimore, the top US auto port
View Date:2025-01-07 13:10:42
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! (15129)
Related
- College Football Playoff snubs: Georgia among teams with beef after second rankings
- Missing 80-year-old saved by devoted Lab who waited with her for days until rescuers came
- Should I sign up for Medicare and Social Security at the same time? Here's what to know
- GOP leaders are calling for religion in public schools. It's not the first time.
- Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
- Olympic gymnastics recap: Suni Lee, Kaylia Nemour, Qiu Qiyuan medal in bars final
- Louisiana mayor who recently resigned now faces child sex crime charges
- Election conspiracy theories related to the 2020 presidential race live on in Michigan’s GOP primary
- Burger King is giving away a million Whoppers for $1: Here's how to get one
- The Ultimate Guide to the Best Tatcha Skincare Products: Which Ones Are Worth Your Money?
Ranking
- NBC's hospital sitcom 'St. Denis Medical' might heal you with laughter: Review
- Tesla brings back cheap Model 3 variant with big-time range
- Missouri police say one man has died and five others were injured in Kansas City shooting
- Pope Francis’ close ally, Cardinal Sean O’Malley, retires as archbishop of Boston at age 80
- Residents urged to shelter in place after apparent explosion at Louisville business
- Simone Biles, Suni Lee on silent Olympic beam final: 'It was really weird and awkward'
- 2024 Olympics: Italy's Alice D’Amato Wins Gold After Simone Biles, Suni Lee Stumble in Balance Beam Final
- Flag contest: Mainers to vote on adopting a pine tree design paying homage to state’s 1st flag
Recommendation
-
California Gov. Gavin Newsom will spend part of week in DC as he tries to Trump-proof state policies
-
Competing for two: Pregnant Olympians push the boundaries of possibility in Paris
-
Man charged with sending son to kill rapper PnB Rock testifies, says ‘I had nothing to do with it’
-
From trash to trolls: This artist is transforming American garbage into mythical giants
-
Pitchfork Music Festival to find new home after ending 19-year run in Chicago
-
Cooler weather helps firefighters corral a third of massive California blaze
-
83-year-old Michigan woman killed in gyroplane crash
-
Jimmer Fredette injury update: 3x3 star to miss 6 months after Olympic-ending injury