Georgia Ports Authority officials say a strong wheat crop has led to an increase in exports from the Port of Brunswick. Ports officials say the first export vessel of the season departed Thursday and between 90,000 and 100,000 tons of wheat moved through the Colonel's Island Terminal.
Georgia's seaport in coastal Brunswick has moved its first shipment of American-made Toyota vehicles being exported overseas. The Georgia Ports Authority says a cargo ship loaded with Toyota Venzas set sail Thursday from Brunswick for markets in Russia and the Ukraine.
Toyota has chosen the Port of Brunswick to export its U.S.-made Venza vehicles to eastern Europe. The Georgia Ports Authority says Toyota plans to ship about 5,000 of the vehicles each year through Brunswick to Russia and Ukraine.
Last year was the first year in Southern Company’s 100 year history that the company used more natural gas than coal to generate electricity. But while natural gas is cheap and plentiful, the company isn’t willing to convert all its plants to natural gas.
An economic forecaster predicts the country will go over the so-called “fiscal cliff” in January. Rajeev Dhawan, director of Georgia State University's Economic Forecasting Center also predicts Georgia will only see sluggish growth in 2013.
The executive director of the Georgia Ports Authority says the state is likely to see a drop in exports as Asia’s economy begins to slow down. This comes on the heels of what had been a record rise in some exports.
The state has created an online directory to help increase the global visibility of Georgia's exporters. The Department of Economic Development started the directory so international buyers can easily find Georgia products or services.
Savannah is now the nation's second-busiest port for exports. Ports officials highlighted numbers at the annual State of the Port address in Savannah. Georgia Ports Authority Executive Director Curtis Foltz says, Savannah's export ranking behind only Los Angeles highlights the need for fast action on a long-sought harbor deepening project.