The port of Savannah’s container handling increased 8% in February on a year earlier, the fourth straight month of growth. That was driven by a 13% rise in loaded container exports, outstripping the 6% expansion in imports. That repeats a pattern seen by California and Virginia’s ports. While Savannah underperformed regional competitor Charleston’s 11% growth, the latter benefited from a surge of empty container shipments. The slowing growth in imports, following a 19% surge in January, reflects an advance of just 1% in traffic from China. That suggests the ‘Panama Canal effect’ is subsiding, and makes further growth contingent on continued European flows and Georgia Ports’ cooperation with Virginia.
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