The Port of Savannah is bringing online 400,000 twenty-foot equivalent container units (TEUs) of annual container capacity at just the time when many port customers are seeking new storage options.
"With slowing demand related to the coronavirus, port users need space to stage their cargo until that demand returns," says Georgia Ports Authority (GPA) executive director Griff Lynch. "With these new container stack areas, Savannah is delivering the flexibility our customers need."
GPA recently added container slots totaling nearly 5,000 TEUs of space to its operation. By mid-April, more than 6,000 TEUs of capacity will go into service, for a total of 11,130 TEUs of new container stacking space. These additions will increase Savannah's annual capacity by 400,000 TEUs, for a new total capacity of 6 million TEUs per year.
"Our terminals continue to function with operational ease and efficiency," says GPA board chairman Will McKnight. "From time to time, spikes in demand occur because of new customer needs or other factors impacting the global supply chain. Through the authority's steady investment in capacity, GPA is able to handle unexpected surges in container yard demand, whatever the cause."