At the Georgia Ports Authority (GPA) Board meeting this week President and CEO Griff Lynch reported GPA 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 percent or 123,000 TEUs compared to the previous year.

"While we experienced lower container volumes, we have been through cycles before and are optimistic about the future," Lynch said.

Compared to the pre-pandemic year of FY2019, GPA's fiscal performance equates to a 3 percent 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 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 percent Konecranes in its fleet.

Source: GPA

 

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