logo
Port of Savannah sets container, rail and truck moves in February

Port of Savannah sets container, rail and truck moves in February

Yahoo26-03-2025

The Georgia Ports Authority said the Port of Savannah moved 479,850 twenty-foot equivalent units, the busiest February on record and a 6% increase from the same month a year ago.
Authority President and Chief Executive Griff Lynch in a release credited the surge to the port's role as a gateway to the Southeast. Frontloading by importers ahead of planned U.S. tariffs also helped boost U.S. container volumes across major import hubs.
On Feb. 28, the port achieved 2,246 rail lifts, a new record for a 24-hour period, at the Mason Mega Rail Terminal. The hub handles six trains daily or 42 per week, with dwell time of 19-24 hours.
The Garden City Terminal set a new weekly record with 78,950 truck gate transactions in the last week of February. Despite high volumes, the container field remained fluid, with average transaction times of just 35 minutes for single container moves and 54 minutes for dual container moves. The efficiency of dual container moves, accounting for 85% of the port's container business in February, significantly contributed to overall operational smoothness.The momentum continued into March, with a single-day truck gate record of 16,430 transactions on March 11 at Garden City Terminal.
To further enhance efficiency, Gateway Terminals and the International Longshoremen's Association union local have agreed to add three new start times for vessel operations: 6 a.m., 3 p.m. and 9 p.m. This expansion to eight total start times, coupled with 24-hour vessel service, is expected to significantly reduce vessel time at dock.
The ILA and United States Maritime Alliance in February signed a new six-year master contract covering 24,000 workers at 14 Eastern Seaboard and Gulf Coast ports.
Savannah is also implementing innovative solutions to increase vessel capacity. Starting in May, a new lay berth at Ocean Terminal will be utilized to stage vessels, dramatically reducing transition times between large ships. This strategy is projected to improve berth availability at Garden City Terminal by up to 75%, potentially allowing the port to handle two more ships per week, or an additional 100 vessels annually.Looking ahead, a second lay berth at Ocean Terminal is scheduled to come online in mid-2026, further expanding Savannah's vessel capacity.
Port of Brunswick update
The Port of Brunswick faced a slight decline in roll-on/roll-off trade. In February, Brunswick moved 61,667 units of autos and heavy equipment, representing a 10% decrease, or 6,882 units, y/y. The Colonel's Island Terminal in Brunswick handled 42 vessel calls for the month, three fewer than in February 2024.
Find more articles by Stuart Chirls here.Trump tariff fears plague ocean container rates
Trade groups, businesses speak to both sides of proposed US port feesPort Authority of New York and New Jersey signs 33-year lease with APM Terminals
Report: Top-secret US plans to attack Houthis accidentally shared with journalist
The post Port of Savannah sets container, rail and truck moves in February appeared first on FreightWaves.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Retailers see cargo surge coming
Retailers see cargo surge coming

Yahoo

time4 hours ago

  • Yahoo

Retailers see cargo surge coming

Retailers are forecasting an import cargo surge at U.S. ports this summer following the 90-day break in the tariff fight between China and the United States. The outlook by the National Retail Federation's Global Port Tracker provides a detailed picture of how current trade policies are influencing U.S. ports and the anticipated changes in import volumes. As retailers brace for the peak back-to-school and fall-winter holiday seasons, there is a pronounced surge in imports driven by a temporary reduction in tariffs on goods from China. Many retailers who halted or reduced orders due to tariffs rising to 145% are now resuming imports following a reduction to 30% and a 90-day tariff indicators underline significant variations in import volumes during this period. In April, prior to the full impact of the tariff increases, U.S. ports handled 2.21 million twenty-foot equivalent units, marking a 2.9% increase from March and a 9.6% year-over-year rise. However, projections for May indicated a substantial downturn, with the expected handling of 1.91 million TEUs — a 13.4% decrease from April and an 8.1% drop from a year ago. This decline represented the first year-over-year contraction since September 2023 and signaled the lowest volume since December 2023. The forecast suggests a rebound starting in June as importers rush to exploit the tariff pause, even though overall numbers remain lower than 2024. For example, June's figures hover at approximately 2.01 million TEUs, a 6.2% drop from the previous year. Similar trends are projected for July and August, with expected volumes at 2.13 million TEUs and 1.98 million TEUs, reflecting year-over-year decreases of 8.1% and 14.7%, respectively. This early convergence of back-to-school and winter holiday peaks due to tariff-related scheduling shifts is unusual and illustrates the complexities of the current trade environment, the NRF said in a unless further tariff relaxations occur, volumes are anticipated to decline for the remaining portion of 2025. The forecast for September and October points to even sharper declines, with September expected at 1.78 million TEUs, down 21.8% year over year, and October at 1.8 million TEUs, a 19.8% drop. These estimates account for previous surges in late 2024 imports when uncertainty over East Coast and Gulf Coast port labor strikes drove volumes higher. Overall, the first half of 2025 is expected to total 12.54 million TEUs, marking a 3.7% year-over-year increase, a figure revised upward due to the tariff pause but still below earlier optimistic scenarios envisioned before tariff intensifications in April. Find more articles by Stuart Chirls Four crew missing after container ship explosion off coast of India Trac Intermodal preps 200K chassis for China container surgeNew world order: Ocean rates up 88% as shippers pounce on lower tariffs New week sees ocean container rates soar The post Retailers see cargo surge coming appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Iran orders ballistic missile materials from China for hundreds of missiles: Report
Iran orders ballistic missile materials from China for hundreds of missiles: Report

American Military News

time3 days ago

  • American Military News

Iran orders ballistic missile materials from China for hundreds of missiles: Report

A new report claims that Iran has ordered thousands of tons of ballistic missile materials from China that could be used for hundreds of ballistic missiles. The report comes as Iran continues to negotiate with the United States regarding a nuclear program deal. The Wall Street Journal reported that Iran has ordered thousands of tons of ammonium perchlorate from China. The outlet noted that ammonium perchlorate is a chemical compound that is used in ballistic missiles. According to the Wall Street Journal, sources claimed that Iran is expected to receive China's shipments of ammonium perchlorate in the coming months and that the chemical compound could potentially be used in hundreds of ballistic missiles. The sources said Pishgaman Tejarat Rafi Novin Co., an Iranian company, purchased the ammonium perchlorate from Lion Commodities Holdings Ltd., a company based in Hong Kong. The New York Post reported that a portion of the ammonium perchlorate reportedly purchased from China will likely be used in ballistic missiles supplied to Iran-backed terrorist organizations in the Middle East, including the Houthis terrorist organization, which has repeatedly attacked military and commercial ships in the Red Sea and has carried out attacks against Israel. READ MORE: Russia funding new Iranian nuclear plants, Iranian official says In April, the Treasury Department announced that it was designating 'six entities and six individuals based in Iran and the People's Republic of China (PRC) for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC).' The Treasury Department warned that the network of individuals and entities had helped Iran obtain materials used in ballistic missiles from China. 'Iran's aggressive development of missiles and other weapons capabilities imperils the safety of the United States and our partners, Treasury Secretary Scott Bessent said at the time. 'It also destabilizes the Middle East, and violates the global agreements intended to prevent the proliferation of these technologies. To achieve peace through strength, Treasury will continue to take all available measures to deprive Iran's access to resources necessary to advance its missile program.' In a public speech on Tuesday, Iranian Supreme Leader Supreme Leader Ayatollah Ali Khamenei rejected a nuclear deal with the United States, saying, 'The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear program. Who are you to decide whether Iran should have enrichment?' Following Iran's rejection of a nuclear deal with the United States, Trump issued a statement on Truth Social, warning that 'time is running out on Iran's decision pertaining to nuclear weapons.' Trump added, 'It is my opinion that Iran has been slowwalking their decision on this very important matter, and we will need a definitive answer in a very short period of time!'

Iran orders ballistic missile ingredients from China: report
Iran orders ballistic missile ingredients from China: report

New York Post

time3 days ago

  • New York Post

Iran orders ballistic missile ingredients from China: report

Iran has reportedly ordered thousands of tons of ballistic missile materials from China amid tense negotiations with the United States over the future of its nuclear program. Ammonium perchlorate shipments — enough to fuel hundreds of ballistic missiles — will arrive in Iran in the coming months, sources familiar with the transaction told The Wall Street Journal. Some of the rocket propellant will likely find its way to Iran-aligned militias in the region, including the Houthis in Yemen, who have been terrorizing ships passing through the Red Sea and firing missiles at Israel. Advertisement The deal with China comes as Iran looks to strengthen its military while brokering a deal with the Trump administration over its nuclear program. Supreme Leader Ayatollah Ali Khamenei on Tuesday called the US 'arrogant' as he rejected a revised nuclear deal that would allow Tehran to continue low-level uranium enrichment. Trucks carry Iranian long-range missiles Fatah during the annual military parade marking the Iraqi invasion in 1980 in September. ABEDIN TAHERKENAREH/EPA-EFE / Shutterstock Advertisement The chemical shipments could fuel hundreds of ballistic missiles, according to the report. via REUTERS 'The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear program. Who are you to decide whether Iran should have enrichment?' he said in a televised speech. After the proposal fell through, Trump warned in a social media post that 'time is running out on Iran's decision pertaining to nuclear weapons.' The rocket fuel chemicals were ordered over the past few months by an Iranian company called Pichgaman Tejarat Rafi Novin Co. from a Hong Kong-based business Lion Commodities Holdings Ltd, according to the Journal's sources. Advertisement A Chinese Foreign Ministry spokesperson told the paper that China wasn't aware of the contract. 'The Chinese side has always exercised strict control over dual-use items in accordance with China's export control laws and regulations and its international obligations,' the spokesperson said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store