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Port of Savannah's August container volume up 5pc to 330,846 TEU
THE Port of Savannah's August container throughput increased five per cent year on year to 330,846 TEU, the Georgia Port Authority (GPA) announced.
"August container volumes were the third highest in history, behind April and May 2015 at the height of diverted cargo from the west coast," said GPA executive directory Griff Lynch.
"Loaded imports continue to perform well, demonstrating a high level of diverted cargo retention," he said.
Total cargo across all terminals reached 2.62 million tons in August, an increase of 117,470 tons, or 4.7 per cent.
Mr Lynch said he expects sustained market strength for GPA, adding that long-term growth will be enhanced by the new initiative announced last week, GPA's railway Mid-American Arc initiative.
This intermodal rail service, he said, will extend Savannah's reach to capture new markets ranging in an arc from Atlanta to Memphis, St Louis, Chicago and the Ohio Valley.
A key facet of GPA's Mid-American Arc plan, Lynch explained, is a "game-changing" rail expansion at Garden City Terminal. "We anticipate construction on our new, mega intermodal terminal to begin this March," he said.
Additional track will allow the GPA to build unit trains 10,000 feet long on terminal. The ability to move 500 containers behind one locomotive will make more efficient use of track, lowering the per-box cost for the CSX and Norfolk Southern railways.
The Port of Savannah International Multi-modal Connector will link Garden City Terminal's two rail yards, improving efficiency and growing the terminal's rail lift capacity to a million containers a year.
"The project is a multi-phased programme that will reconfigure the Port of Savannah's on-dock intermodal container transfer facilities to bring rail switching activities inside the port," Mr Lynch said.
Said GPA chairman Jimmy Allgood: "Our volumes have exceeded forecasted levels, but are in line with expectations for the balance of FY2017."
"August container volumes were the third highest in history, behind April and May 2015 at the height of diverted cargo from the west coast," said GPA executive directory Griff Lynch.
"Loaded imports continue to perform well, demonstrating a high level of diverted cargo retention," he said.
Total cargo across all terminals reached 2.62 million tons in August, an increase of 117,470 tons, or 4.7 per cent.
Mr Lynch said he expects sustained market strength for GPA, adding that long-term growth will be enhanced by the new initiative announced last week, GPA's railway Mid-American Arc initiative.
This intermodal rail service, he said, will extend Savannah's reach to capture new markets ranging in an arc from Atlanta to Memphis, St Louis, Chicago and the Ohio Valley.
A key facet of GPA's Mid-American Arc plan, Lynch explained, is a "game-changing" rail expansion at Garden City Terminal. "We anticipate construction on our new, mega intermodal terminal to begin this March," he said.
Additional track will allow the GPA to build unit trains 10,000 feet long on terminal. The ability to move 500 containers behind one locomotive will make more efficient use of track, lowering the per-box cost for the CSX and Norfolk Southern railways.
The Port of Savannah International Multi-modal Connector will link Garden City Terminal's two rail yards, improving efficiency and growing the terminal's rail lift capacity to a million containers a year.
"The project is a multi-phased programme that will reconfigure the Port of Savannah's on-dock intermodal container transfer facilities to bring rail switching activities inside the port," Mr Lynch said.
Said GPA chairman Jimmy Allgood: "Our volumes have exceeded forecasted levels, but are in line with expectations for the balance of FY2017."
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