The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships. The Georgia Ports Authority board approved the project Monday under a plan to expand Savannah's capacity for cargo containers by more than 50% by 2025.
The Georgia Ports Authority said Tuesday that its docks in Savannah handled nearly 5.8 million container units of imports and exports in the fiscal year that ended June 30. That's an increase of 8% from a year ago, when Savannah exceeded 5 million container units for the first time.
East Atlanta's Hulsey Yard will help avoid more than 500 roundtrip truck miles per box, with anticipated volumes of 1,200 containers per month. The move is aimed at easing the nation's supply chain crunch.
The administration expects the Port of Savannah, the nation’s third-busiest importer, to be the first to take advantage of a policy change allowing ports to redirect about $8 million in funding to immediately address supply chain challenges, the official said.
The port handled 5.3 million TEUs during fiscal 2021, which ended June 30, a 20% increase over the previous year, the Georgia Ports Authority (GPA) reported Monday.
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