The Port of Savannah’s loaded container exports grew 21% in January. The nation’s busiest port for U.S. goods handled 110,305 twenty-foot equivalent container units of exports, an increase of 19,419 TEUs. Compared to pre-pandemic numbers, the Port of Savannah’s January trade of 421,714 TEUs in total cargo showed 11.7% improvement over January 2020, in which Georgia Ports Authority (GPA) handled 377,671 TEUs.
U.S. exports were a bright spot for GPA last month, in which total cargo dipped 55,000 TEUs or 11.5% compared to January 2022. The decrease was fueled in part by reduced orders in retail and manufacturing, resulting in import loads softening by 39,850 TEUs (16%). Similarly, the export of empty containers via Savannah declined 34,650 TEUs on reduced demand for Asian goods served by the empty boxes. Weather also played a role, delaying six vessels slated to call Savannah in late January to this month.
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