Keeping it Fresh: Port Authority

While union strikes and negotiation stalls have slowed down imports on the West Coast, East Coast ports have benefited. Take the GA Port Authority for example. Over the past eight months, GPA has moved 2.32 million twenty-foot equivalent units, an increase of 13.7 percent or 279,882 TEUs from last year. Although, it would not be fair to to assume that the struggles at West Coast ports are the only reason for the rapid growth. The Port of Savannah has added cargo at a faster rate than any other port in the nation over the past decade. From 2003 to 2013, the Port of Savannah expanded by a cumulative annual growth rate of 7.1 percent — faster than any top ten port in the nation. To continue reading click here.