Port of Savannah cargo volumes fell 28% YoY to 413,294 TEUs in August, reflecting a consecutive decline in cargo volumes since November of last year.
“We are in the midst of rebuilding some of our berths which has reduced our operating capacity in August," Georgia Ports Authority President and CEO Griff Lynch said in a statement. Berth 1 is complete with four new cranes and refurbishments at Ocean Terminal are ongoing with a big ship berth to be added during 2025 and 2026.
At the same time last year, container volumes were 575,513 TEUs — the port's busiest month on record. The port was a major beneficiary of cargo diversions away from West Coast ports during labor contract negotations between the Pacific Maritime Association and the International Longshore and Warehouse Union.
However, volumes for August were below pre-pandemic records. Compared to 2019 levels, volumes at the East Coast port fell by 6%.