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Progress Through People Luncheon-PC Simonton & LCDA
The Georgia Ports Authority (GPA) serves as a crucial economic engine for the state, contributing to a $44 billion increase in GDP and supporting 440,000 jobs, primarily through small businesses. With significant investments in port-related projects and record throughput figures, Savannah is now the third-largest and fast-growing port in the U.S., holding 21% of the East Coast market share. Ongoing expansion projects and improved rail capacity indicate a commitment to meeting future demands and enhancing connectivity to inland markets.
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Progress Through People Luncheon-PC Simonton & LCDA
- 1. GEORGIA PORTS AUTHORITY January23, 2019 The Georgia Ports Authority: Global Portal for New and Growing Markets Liberty County Chamber / Development Authority
- 2. $44B; +33% IN STATEGDP $25B; +25% IN INCOME $106B; +26% IN SALES GEORGIA PORTS AUTHORITY: ECONOMIC ENGINE STATEWIDE IMPACT Source: Terry College of Business, University of Georgia (FY2017) 440,000 JOBS; +19%
- 3. SMALL BUSINESS: THE HEARTOF GPA’S GLOBAL TRADE 25,047 of the 25,700 customers using the port move 5,000 or fewer TEUs Of the 14,370 companies exporting from GA via GPA, 82% or 12,667 companies are small businesses Source: GPA Marketing
- 4. 68 Port-related projects $5Billion in investment 12,000 jobs FY2019
- 5. GARDEN CITY TERMINAL •9,693 ft (2,955 m) of contiguous berth • 33 Container cranes • 1,200 acres (485.6 ha) terminal area • 158 Rubber-tired gantries MASON ICTF Served by Norfolk Southern Railroad CHATHAM ICTF Served by CSX Transportation GATE 1 GATE 3 GATE 5 GATE 8 CB-9 CB-8 CB-5 CB-6 CB-4 CB-3 CB-2 CB-1 GATE 4 CB-7
- 6. AVERAGE OVER 11,000GATE MOVES/DAY; SINGLE 33 MINUTES; DOUBLE 54 MINUTES. • 3 Gates. 50 Lanes with 31 Pre-check Lanes. 18 Portal Approach Lanes. • Monday through Friday 6am to 6pm • Saturday (Gate 4 only) 8am to Noon, 1pm to 5pm Source: GPA Gate Operations, Average moves/turn times for July 2018-June 2019 Monday-Friday RECORD FY2019 GATE MOVES2.95M
- 7. LA/Long Beach NY/NJ Savannah SEA/TAC Virginia Houston Oakland Charleston Miami Port Everglades Top10 Port Gateways #3 in Volume and Fastest Growing Port FY2009 TEUs Source: AAPA; throughput excluding domestic 12,868,004 4,876,138 2,404,965 2,431,791 1,879,355 1,745,524 2,076,209 1,367,980 816,236 869,261 FY2019 TEUs 16,747,204 7,382,164 4,480,636 3,221,173 2,938,856 2,855,099 2,589,703 2,393,097 1,107,235 1,069,204 10-Year CAGR 2.7% 4.2% 6.4% 2.9% 4.6% 5.0% 2.2% 5.8% 3.1% 2.1%
- 8. Savannah Total EastCoast Market Share Source: PIERS 21% 20% 19% 18% 17% FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 Savannah’s share of East Coast Port Market is 21%
- 9. East Coast Containers 1of 5 Comes Through Georgia Ports
- 10. 1-Year Growth FY2018 vs.FY2019 Category TEUS FY2018 Tonnage Breakbulk (tonnage) RO/RO (combined units) Intermodal TEUs 4.2M 36M 2.7M 628K 782K *Indicates Record Source: GPA Trade Development FY2019 Growth % 4.5M* +7.3% 38M* +4.2% 2.8M +2.4% 650K +3.5% 912K +16.6%
- 11. Top 10 RO/ROGateways 3rd in Volume and 2nd Fastest Growing Source: US Census Bureau: Foreign Trade Division USA Trade Online. Auto & Machinery (Short Tons) Port FY2009 FY2019 10-Year CAGR Baltimore 1,056,791 1,612,191 +4.3% Jacksonville 1,014,360 1,242,615 +2.1% Brunswick 406,947 1,164,846 +11.1% Newark 918,658 1,045,824 +1.3% Los Angeles 569,760 734,814 +2.6% Portland 376,002 707,781 +6.5% Providence 204,416 665,327 +12.5% Port Hueneme 246,197 652,223 +10.2% San Diego 200,551 432,090 +8.0% Charleston 386,132 404,812 +0.5%
- 12. MEGA RAIL PROJECT CapacityDoubles With 100,000 Feet of New Rail 2 3 4 1 5 Expansion - 2 separate 9 track yards for each railroad Six 10,000 foot tracks connecting old Mason and Chatham ICTFs Grade separation - State Road 25 overpass Rail and truck crossings over Pipemakers Canal Track expansion provides additional storage capacity 1 2 3 4 5 Garden City Terminal New Capacity Operational by: • Phase I - March 2020 SR 25
- 13. The Port ofSavannah can now reach every inland market. SAVANNAH CHICAGO GPA Mid-American ARC MEMPHIS ST. LOUIS COLUMBUS CINCINNATI CHARLOTTE LOUISVILLE NASHVILLE HUNTSVILLE ATLANTA
- 14. • Deepening Savannah Riverby 5 ft to 47 ft. MLW • Project 50% complete • Estimated cost: $1.019B • Benefit/cost ratio 7.3:1 SAVANNAH HARBOR EXPANSION PROJECT
- 15. Garden City TerminalFY2015-FY2019 Container Vessel Calls TEU Capacity FY2015 FY2016 FY2017 FY2018 FY2019 5,000+ 737 883 1,077 1,171 1,148 8,000+ 221 325 507 621 781 13,000+ 0 0 4 65 142 14,000+ 0 0 0 10 30
- 16. LARGE SHIPS DRIVINGNEED FOR INCREASED CAPITAL INVESTMENT $3.6B over next 10 years • 130% increase over previous 10 years • $198M approved for FY20
- 17.