The Georgia Ports Authority handled 5.25 million twenty-foot equivalent container units in fiscal year 2024, which ended June 30, 2024.
The performance constitutes a decrease of 2.3% or 123,000 TEUs compared to the previous year. Compared to the pre-pandemic year of fiscal 2019, GPA’s fiscal performance equates to a 3% compound annual growth rate.
Despite the slight decline in volumes, Georgia Ports continues to have one of the nation’s best connectivity rankings in the nation with more than 35 vessels calling every week in Savannah. The Authority recently completed construction of its new Garden City Terminal West facility and continues to add new Ship-to Shore cranes and Rubber Tire Gantry cranes built by the Finnish company, Konecranes.
Georgia Ports is the only operator in the U.S. using 100% Konecranes in its fleet.
Meanwhile, the GPA had a record year in Roll-on/Roll-off cargo, handling 876,000 units of autos and high/heavy machinery in fiscal 2024, an increase of 21% or 152,435 units compared to fiscal 2023.
Growth factors included demand from American consumers, growing import-export trade with both Europe and Asia, new car manufacturers choosing Brunswick, and diverted cargo from Baltimore during April and May.
Last fiscal year, GPA brought online 120 acres of Ro/Ro storage at Colonel’s Island. Another 300 acres are available for expansion, giving Colonel’s Island more room to grow than any other U.S. auto port. GPA has also added 640,000 square feet of warehousing and processing space.
Annual capacity at Colonel’s Island has now increased 40% to 1.4 million units.
