As the supply chain industry anticipates on what is to come in the incoming winter months, ports across the United States are showing resilience by generating noble economic impacts through expansion of employment opportunities and investments in critical infrastructure. Follow along with our industry news roundup series to stay informed on the latest news and developments shaping the future of the supply chain industry.
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GPA prepares for the future, adds inland rail connectivity
As of August, the Garden City Terminal at the Port of Savannah handled 49,115 containers by rail, representing an impressive six percent increase compared to the previous year. The GPA reports the port has the capacity to shift more long-haul cargo off state highways and onto rail, which will improve fuel efficiency and reduce traffic congestion. Moreover, the GPA is adding new infrastructure and inland connectivity to create a robust supply chain system.
Texas to Invest $240 Million in 31 Port Projects
The Texas Transportation Commission has approved $240 million in state funds for 31 port projects in Texas to enhance supply chain and drive economic growth. This funding aims to support port development and infrastructure, and will be used for various projects, including truck queuing areas, dock rehabilitation, rail expansion, and roadway improvements. The initiative complements the federal government’s commitment of over $17 billion for port improvements, reflecting the significance of ports in the national and international economies.
Economic Report: Port of Oakland generates nearly 100,000 local jobs
In its most recent Economic Impact Report, the Port of Oakland reveals a generation of nearly 100,000 local jobs, solidifying its position as the second-largest job generator in Oakland and fifth largest in the region. Additionally, the Port has seen a 14 percent job growth since 2017 and its overall economic value has risen to $174 billion, a 24 percent increase since 2017. With this growth, the Port continues to serve as a vital source of economic opportunity and jobs in Northern California.
August record month at South Carolina’s Inland Port Greer
In August, South Carolina Ports’ Inland Port Greer achieved record volumes, handling an uptick of 52 percent in rail moves year over year with 16,857 rail moves. Inland Port Greer, situated in upstate South Carolina and served by Norfolk Southern, is one of two inland ports in the state. The other, Inland Port Dillon, served by CSX Corporation, a rail transportation company, also experienced growth, handling 3,439 rail moves in August, up 83 percent year over year.
NWSA Auto Units up 127.4% YTD
In August, container volumes at the ports in the Pacific Northwest reached 242,700 twenty-foot equivalent units (TEUs), showing a 3.3 percent increase compared to July volumes. The auto volumes also saw a substantial increase, with a total of 216,301 units, showing 127.4 percent growth. This growth was driven by the new General Motors business and the consolidation of KIA and Hyundai business by GLOVIS America in the gateway.
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