Current:Home > InvestGeorgia seaport closes gap with Baltimore, the top US auto port -LegacyBuild Academy
Georgia seaport closes gap with Baltimore, the top US auto port
View
Date:2025-04-19 03:27:11
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! (9)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Lionel Messi is back, training with Inter Miami. When will he return to competition?
- Man wins $439,000 lottery prize just after buying North Carolina home
- Sports Reporter Malika Andrews Marries Dave McMenamin at the Foot of Golden Gate Bridge
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
- California Climate and Health Groups Urge Legislators to Pass Polluter Pays Bills
- US Open Day 2: Dan Evans wins marathon match; Li Tu holds his own against Carlos Alcaraz
- Why members of two of EPA's influential science advisory committees were let go
- Travis Kelce invests in racehorse aptly named Swift Delivery
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Questions about the safety of Tesla’s ‘Full Self-Driving’ system are growing
- NTSB report faults trucking company logs in fatal 2022 bus crash
- Russia bans 92 more Americans from the country, including journalists
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Breaks in main water pipeline for Grand Canyon prompt shutdown of overnight hotel stays
- The best 2024 SUVs for towing: all sizes, all capability
- Dunkin's pumpkin spice latte is back: See what else is on the fall menu
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Suspect in fatal shooting arrested after he falls through ceiling of Memphis home
The Most-Shopped Celeb Recommendations This Month: Kyle Richards, Porsha Williams, Gabby Douglas & More
Sports Reporter Malika Andrews Marries Dave McMenamin at the Foot of Golden Gate Bridge
The Daily Money: Spending more on holiday travel?
US Open: Iga Swiatek and other tennis players say their mental and physical health are ignored
Walmart's prices lowered on thousands of items except in this 'stubborn' food aisle
What is a returnship and how can it help me reenter the workforce? Ask HR