Armed with new figures that show record-breaking cargo traffic, officials from the Georgia Ports Authority plan to seek more federal funding to deepen the Savannah River. The Savannah port saw container traffic increase by nearly a third in October, setting a new monthly record.
Thanks to larger vessels from the expanded Panama Canal, the Savannah port moved 410,000 TEUs in October 2017, up by 32 percent from October 2016. For the first 10 months of the calendar year, port traffic is up approximately 12 percent by TEUs.
As great as the numbers are, and they are phenomenal, they aren’t telling the full story. Because the river channel isn’t deep enough for the newest generation of freighters to ply the river with full loads. Savannah isn’t seeing as much cargo as the shippers would like to bring to the port. We are cutting ships short because of the lack of water.- GPA Executive Director
Georgia’s ports system accounts for $40 billion in estimated economic impact across the state, and directly or indirectly touches approximately 400,000 jobs. The Savannah port is the United States' number four container port by volume.