Current:Home > ScamsEthermac|Georgia seaport closes gap with Baltimore, the top US auto port -Dynamic Wealth Solutions
Ethermac|Georgia seaport closes gap with Baltimore, the top US auto port
Will Sage Astor View
Date:2025-04-09 23:44:23
SAVANNAH,Ethermac 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! (78)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Caitlin Clark makes 2 free throws to break Pete Maravich’s NCAA Division I scoring record
- Kyle Larson again wins at Las Vegas to keep Chevrolet undefeated on NASCAR season
- Vice President Kamala Harris to join in marking anniversary of Bloody Sunday on Alabama bridge
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- In Hawaii, coral is the foundation of life. What happened to it after the Lahaina wildfire?
- This classical ensemble is tuned in to today's headlines
- NASCAR Las Vegas race March 2024: Start time, TV, streaming, lineup for Pennzoil 400
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Trader Joe’s chicken soup dumplings recalled for possibly containing permanent marker plastic
Ranking
- A South Texas lawmaker’s 15
- Collision of 2 firetrucks heading to burning house injures 6 firefighters, police chief says
- First over-the-counter birth control pill heads to stores
- Here are our 10 best college podcasts in America
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- The Trump trials: A former president faces justice
- You can get two free Krispy Kreme doughnuts on Super Tuesday. Here's what to know.
- Actor Will Forte says completed Coyote vs. Acme film is likely never coming out
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
What to know about viewing and recording the solar eclipse with your cellphone camera
The Daily Money: Consumer spending is bound to run out of steam. What then?
Arkhouse and Brigade up Macy’s takeover offer to $6.6 billion following rejection of previous deal
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Resist Booksellers vows to 'inspire thinkers to go out in the world and leave their mark'
What is bran? Here's why nutrition experts want you to eat more.
How Apache Stronghold’s fight to protect Oak Flat in central Arizona has played out over the years