The Georgia Ports Authority (GPA) has announced that an all-time high of 519,390 TEU have moved through the Port of Savannah in May, breaking the previous record of 504,350 TEU set in October 2021. GPA’s May volumes grew by 8.5%, or 40,770 TEU, compared to the same month last year. “Despite global supply chain challenges, the Port of Savannah continues…
Nearly US$2 trillion a year is the national economic value of the US West Coast ports, but in the long run, their growth is threatened. According to a new study by maritime economist John Martin, PhD., congestion in Southern California due to high container volumes, combined with the increasing capacity at East Coast and Gulf ports, has accelerated the diversion…