Current:Home > NewsGeorgia seaport closes gap with Baltimore, the top US auto port -Capitatum
Georgia seaport closes gap with Baltimore, the top US auto port
SignalHub Quantitative Think Tank Center View
Date:2025-04-06 07:52:26
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! (14339)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- How businesses are using designated areas to help lactating mothers
- Gymshark's Huge Summer Sale Is Here: Score 60% Off Cult Fave Workout Essentials
- SVB, now First Republic: How it all started
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- See How Jennifer Lopez, Khloe Kardashian and More Stars Are Celebrating 4th of July
- Cooling Pajamas Under $38 to Ditch Sweaty Summer Nights
- California Water Regulators Still Haven’t Considered the Growing Body of Research on the Risks of Oil Field Wastewater
- What to watch: O Jolie night
- Khloe Kardashian Says She Hates Being in Her 30s After Celebrating 39th Birthday
Ranking
- Travis Hunter, the 2
- Pennsylvania’s Dairy Farmers Clamor for Candidates Who Will Cut Environmental Regulations
- Has JPMorgan Chase grown too large? A former White House economic adviser weighs in
- Financier buys Jeffrey Epstein's private islands, with plans to create a resort
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Ahead of COP27, New Climate Reports are Warning Shots to a World Off Course
- Red States Still Pose a Major Threat to Biden’s Justice40 Initiative, Activists Warn
- Opinion: The global gold rush puts the Amazon rainforest at greater risk
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Fossil Fuels Aren’t Just Harming the Planet. They’re Making Us Sick
FERC Says it Will Consider Greenhouse Gas Emissions and ‘Environmental Justice’ Impacts in Approving New Natural Gas Pipelines
Warming Trends: A Possible Link Between Miscarriages and Heat, Trash-Eating Polar Bears and a More Hopeful Work of Speculative Climate Fiction
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Inside Julia Roberts' Busy, Blissful Family World as a Mom of 3 Teenagers
Activists Laud Biden’s New Environmental Justice Appointee, But Concerns Linger Over Equity and Funding
CNN's town hall with Donald Trump takes on added stakes after verdict in Carroll case