Savannah’s Outsize China Exposure Puts Record Handling At Risk — Panjiva


Savannah’s Outsize China Exposure Puts Record Handling At Risk

Corp - Ports 663 Industrials - Capital Goods 266 Mode - Containerized 1006 U.S. 3306

Container handling by the Georgia Ports Authority, including Savannah, climbed by 8% on a year earlier in August. That made for a 22nd straight month of growth and resulted in a monthly record for handling of loaded containers of 304,465 TEUs. A steady expansion has increased the need for investments in capacity which most recently includes the Mason rail terminal. The outlook will in part depend on the China-U.S. trade war. Savannah is more exposed than its peers with 40% of volumes originating in China vs. 23% for the east coast on average. Consignees using the port that may see a decl...

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