Current:Home > FinanceGeorgia seaport closes gap with Baltimore, the top US auto port -Global Capital Summit
Georgia seaport closes gap with Baltimore, the top US auto port
View
Date:2025-04-13 16:51:48
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! (11)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- The Black Keys ditch insecurities and enlist Beck, Noel Gallagher, hip-hop on new album
- LGBTQ+ foster youths could expect different experiences as Tennessee and Colorado pass opposing laws
- J. Cole drops surprise album 'Might Delete Later,' including response to Kendrick Lamar's diss
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Shop the JoJo Fletcher x Cupshe Irresistible Line of Swimsuits & Festival Wear Before It Sells Out
- What's story behind NC State's ice cream tradition? How it started and what fans get wrong
- Earthquake snarls air and train travel in the New York City area
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- A sweltering summer may be on the way. Will Americans be able to afford AC to keep cool?
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 3 found guilty in 2017 quadruple killing of Washington family
- Get Deals on Calista Hair Stylers, 60% Off Lilly Pulitzer, Extra Discounts on Madewell Sale Items & More
- Sean Diddy Combs and Son Christian Sued Over Alleged Sexual Assault and Battery
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Saniya Rivers won a title at South Carolina and wants another, this time with NC State
- Hyper-sexual zombie cicadas that are infected with sexually transmitted fungus expected to emerge this year
- University of Texas professors demand reversal of job cuts from shuttered DEI initiative
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Christian Combs, Diddy's son, accused of sexual assault in new lawsuit: Reports
Small Illinois village preps for second total eclipse in 7 years
Saniya Rivers won a title at South Carolina and wants another, this time with NC State
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Taiwan earthquake search and rescue efforts continue with dozens still listed missing and 10 confirmed dead
Emergency summit on Baltimore bridge collapse set as tensions rise over federal funding
Taylor Swift releases five playlists framed around the stages of grief ahead of new album