Savannah surge likely to continue to 2022 as Walmart leads CMA CGM higher — Panjiva
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Savannah surge likely to continue to 2022 as Walmart leads CMA CGM higher

Corp - Ports 881 Corp - Shipping 978 Mode - Containerized 1471 Mode - Seaborne 1803 U.S. 5321

An increasing number of logistics firms appear to expect current disruptions to shipping to continue into 2022. The most recent is the Executive Director of the Georgia Ports Authority (GPA), Griff Lynch, who has stated elevated demand could continue “up to Chinese New Year, and there’s a lot of indications now that it could go beyond that”. Imports to GPA’s Savannah port operations climbed 32.6% year over year in June though it has declined by 9.7% from its March peak of 8,243 TEUs per day. The scaling back from the peak has been due to fewer shipments by Yang Ming and Ocean Network Exp...

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