GPA approves $92M rail expansion
25 Sep, 2018
Savannah container trade up 8 percent in August
The Georgia Ports Authority (GPA) moved 375,833 Twenty-foot Equivalent Unit containers (TEUs) in August, an 8 percent increase over August 2017. In addition, the GPA handled 86,200 intermodal TEUs, a 33 percent jump.
“A strengthening economy and a greater reliance on GPA in major inland markets is driving growth at the Port of Savannah,” said GPA Executive Director Griff Lynch. “We expect this trend to continue as more customers take advantage of Garden City Terminal’s central location and efficient terminal operations.”
For example, in August alone, rail cargo to and from Atlanta leapt by 34 percent, while Nashville saw an increase of 72 percent.
During a meeting of the Georgia Ports Authority Board of Directors in Atlanta, the GPA approved $92 million for the Mason Mega Rail Terminal. The project will double the Port of Savannah’s annual rail capacity to 1 million containers and deliver the largest on-terminal rail facility in North America by 2020.
“It is no accident the GPA is constructing rail capacity as the demand for rail is growing,” said GPA Board Chairman Jimmy Allgood. “As part of our strategic planning two years ago, our team identified the growing role intermodal cargo would play in GPA’s long-term success and put into place this plan for expansion.”
The work approved by the board includes 124,000 feet of new track, 88 automated switches and rail control devices, as well as the rail and power infrastructure to support the operation of rail-mounted gantry cranes.
The added rail capacity will better accommodate 10,000-foot long unit trains on Garden City Terminal. These more cost-effective trains will provide faster, more frequent service over greater distances. This will extend the territory best served by the Port of Savannah along an arc of cities ranging from Memphis to St. Louis, Chicago and Cincinnati.
Georgia’s deepwater ports and inland barge terminals support more than 439,000 jobs throughout the state annually and contribute $25 billion in income, $106 billion in revenue and $2.9 billion in state and local taxes to Georgia’s economy. The Port of Savannah handled 8.5 percent of U.S. containerized cargo volume and 10 percent of all U.S. containerized exports in FY2017.
For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or firstname.lastname@example.org.