Archive for Port

Mar
26

Flurry of Freight Spurs New Construction in Georgia

Posted by: | Comments Comments Off on Flurry of Freight Spurs New Construction in Georgia

port craneThe business of marine transport here at the nation’s fourth-largest container port is a study in numbers.

Thirty-one oceangoing container vessels berth at the nearly 10,000-foot-long Garden City terminal each week. More than 8,000 trucks arrive and depart from the terminal daily. Garden City handled 3.3 million 20-foot containers last year, over 10 percent more container cargo than in 2013, and a record.

There are other numbers that are just as vital to this growing business, but not nearly so visible. Hidden behind the green curtain of Georgia pine forest that surrounds the terminal are 45.3 million square feet of logistics, storage and distribution centers, according to the Georgia Ports Authority, the terminal’s owner and operator.

“The link between the terminal and the distribution centers is essential to our operations,” said Curtis J. Foltz, executive director of the Georgia Ports Authority. “Our competitiveness is based on efficiency and connectivity, making sure products don’t sit around. The real estate developments are a partnership that makes expanding trade here possible.”

READ MORE HERE

Categories : Savannah
Comments Comments Off on Flurry of Freight Spurs New Construction in Georgia
Sep
27

Four Trends Spurring Growth of Inland Ports

Posted by: | Comments Comments Off on Four Trends Spurring Growth of Inland Ports

With the new inland port being built in Greer, SC, this might be of interest to you.

Inland ports that serve the Midwest and other interior sections of the country should continue to experience strong growth in the future, according to Curtis Magleby, senior managing director and regional head, U.S. Capital Markets West, for Cushman & Wakefield; Michael Berry, president of Hillwood Properties; and Stephen Crosby, president of CSX Real Property, all of whom spoke at NAIOP’s I.con: The Industrial Conference in Los Angeles in June.

What is an inland port? According to a 2011 Jones Lang LaSalle report, Perspectives on the Global Supply Chain, it is “a hub designed to move international shipments more efficiently and effectively from maritime ports inland for distribution throughout the U.S. heartland.”

Not every big intermodal hub away from a major seaport is an inland port. Inland ports feature most or all of the following characteristics: regional multimodal transportation infrastructure; a Class I railroad intermodal hub (port connectivity); a Foreign Trade Zone; a diverse, broadly skilled workforce; land availability (entitled development sites); and economic incentives.

READ MORE HERE

Comments Comments Off on Four Trends Spurring Growth of Inland Ports
Jul
20

Ports Authority Passes Resolution to Sell its Poperty in Port Royal

Posted by: | Comments Comments Off on Ports Authority Passes Resolution to Sell its Poperty in Port Royal

The S.C. State Ports Authority passed a resolution to sell its property in Port Royal for $17 million during its board meeting Tuesday. Port Royal Mayor Samuel Murray said he hopes the sale will revitalize the city and bring a new mix of residential and commercial development. The sale includes nearly 52 acres of land and 265 acres of marsh at the ports authority’s former terminal near Ribaut Road.

In 2004, the General Assembly enacted a bill that directed the ports authority to stop operating the Port Royal terminal and to sell the property. Port Royal Town Administrator Van Willis said too few ships were calling on the terminal for it to continue operating.

In June 2007, the ports authority began accepting offers for the property and received an offer of $17 million from a potential buyer who signed a letter of intent in late April.

READ MORE HERE

Categories : Beaufort
Comments Comments Off on Ports Authority Passes Resolution to Sell its Poperty in Port Royal