The port of Savannah on the US east coast has outlined a plan to nearly double box volumes in the next 10 years.
The fastest growing port in the US last year has reaped huge benefits from the widening of the Panama Canal, with latest figures showing 40% of boxes now coming to the Georgian destination originate from China.
Griff Lynch, executive director of the Georgia Ports Authority, yesterday outlined a $2.5bn plan to grow the port that includes a new rail yard that will double the port’s capacity to move cargo by rail, new equipment purchases, berth improvements and off-terminal road additions.
“We’re preparing to redefine the port of Savannah as not simply the load center for the southeastern US, but as the port of choice for major inland markets east of the Mississippi River,” Lynch said.
Savannah moved a record 4.2m teu last year.