Georgia Ports Authority reports 25 percent container growth for May

Tuesday, 29 June 2010 21:22:01 (GMT+3)   |  
       

Georgia Ports Authority's (GPA) Executive Director Curtis J. Foltz Monday announced that the GPA experienced 25.3 percent container growth in May and has recorded six consecutive months of double-digit growth.

"May was the sixth busiest month ever recorded for container throughput and continued the string of double-digit growth experienced since last December," said Foltz. "The growth experienced in the second half of this fiscal year continues to signal improved economic recovery, retail inventory re-stocking and ongoing strength in US products overseas with significant export increases."

Overall tonnage for May 2010 reported gains of 12.4 percent, which brings the GPA's fiscal year-to-date (July 2009 through May 2010) volume to a 6.5-percent increase compared with the same time period last year. Import growth increased during May as well, while export products and empty container repositioning also supported the extremely strong month.

At the Port of Brunswick, the movement of auto and machinery units has also experienced growth for the past six months. Colonel's Island Terminal moved 35,873 total units in May 2010, which is an 82.4-percent increase compared with May 2009.

"It is clear just how strong an economic engine our ports have become and how that engine is helping to fuel our economic recovery," said GPA's Chairman of the Board Stephen S. Green. "The GPA's focus on the future even during the economic recession is starting to pay dividends today."


Total Containers by Month

Month

Cont. FY10

Cont. FY09

VAR%

May

130,310

103,957

25.3%

April

134,734

107,230

25.6%

March

126,870

95,410

33.0%

February

113,708

92,726

22.6%

January

125,892

104,500

20.5%

December

121,411

102,662

18.3%




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