2M Should Be Savannah’s Target To Keep Growth Advantage Over Charleston — Panjiva
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2M Should Be Savannah’s Target To Keep Growth Advantage Over Charleston

China 3053 Corp - Ports 911 Corp - Shipping 1030 Mode - Containerized 1525 Mode - Seaborne 1846 U.S. 5404

Container handling through Georgia Ports Authority facilities, including Savannah, climbed 7% on a year earlier in April. That was the second best performance among the east coast U.S. ports and well ahead of regional peer Charleston’s 4%. The continued outperformance vs. Charleston has been due to gaining a larger share of China-inbound traffic with a 5% rise in April vs. Charleston’s 10% decline. With the “Panama Canal diversion” effect waning competition for incremental volumes from Asia will only increase. Savannah is notable for the proliferation of similar-sized container-lines ...

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