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Port of Brunswick closing gap with Baltimore, the top US auto port
Read full article: Port of Brunswick closing gap with Baltimore, the top US auto portThe Georgia Ports Authority says it moved a record number of automobiles across its docks in the 2024 fiscal year, bringing it neck-and-neck with the top U.S. auto port.
Georgia wants to study deepening Savannah’s harbor again on heels of $973 million dredging project
Read full article: Georgia wants to study deepening Savannah’s harbor again on heels of $973 million dredging projectThe chief executive over Georgia's seaports says larger cargo ships will need deeper water and a taller bridge to reach the Port of Savannah in the near future.
Georgia DOT plans to raise Savannah bridge for larger ships
Read full article: Georgia DOT plans to raise Savannah bridge for larger shipsGeorgia officials have signed off on a plan to raise Savannah’s towering suspension bridge to make room for larger cargo ships to reach the city’s busy seaport.
US economy grew 5.7% in 2021 in rebound from 2020 recession
Read full article: US economy grew 5.7% in 2021 in rebound from 2020 recessionThe U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020′s brief but devastating coronavirus recession.
Cargo surge pushes Port of Savannah to 5.6M container record
Read full article: Cargo surge pushes Port of Savannah to 5.6M container recordThe Port of Savannah is reporting record cargo volumes for 2021 thanks to a surge in trade that saw its container yard cramped for space and ships waiting at sea.
US trade deficit hits record of $80.9 billion in September
Read full article: US trade deficit hits record of $80.9 billion in SeptemberThe U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, kept climbing.
US slightly revises up its GDP estimate for Q2 to 6.7%
Read full article: US slightly revises up its GDP estimate for Q2 to 6.7%The U.S. economy expanded at a 6.7% annual pace from April through June, the Commerce Department said Thursday, slightly upgrading its estimate of last quarter’s growth in the face of a resurgence of COVID-19 in the form of the delta variant.
A $31 million cocaine bust in Savannah sets a new record
Read full article: A $31 million cocaine bust in Savannah sets a new recordWSAV(CNN) - Customs agents seized $31 million worth of cocaine last week in Savannah, Georgia -- the largest cocaine seizure ever at the Port of Savannah. Officers found the cocaine, weighing 2,133 pounds, on a vessel from South America on October 29, US Customs and Border Protection announced Tuesday. When officers opened the container, they found 21 duffel bags containing a whopping 818 bricks of cocaine, the agency said. "I truly believe that we have disrupted these transnational organizations," said Christopher Kennally, Area Port Director Savannah, during a news conference Tuesday. Previously, the biggest cocaine seizure at the Port of Savannah took place in May, when officers seized 1,280 pounds of the drug.