The Port of Savannah is at the center of the largest concentration of distribution centers on the East Coast.
Georgia’s logistics infrastructure saves time and money by seamlessly connecting air, sea and land transportation. Its deepwater ports provide greater scheduling flexibility and market reach with direct interstate connections, on-terminal rail, and the most container ship services in the U.S. Southeast.
Savannah is the fastest growing port in the nation, 100 miles closer to Atlanta than any other, and the fourth busiest U.S. container terminal. Centrally located to serve the entire U.S. Southeast — the nation’s fastest growing demographic region — Garden City Terminal’s direct links to Interstates 95 and 16 provide seamless access to and from the port.
At 1,200 acres — with 22 ship-to-shore cranes and 146 rubber-tired gantry cranes – Savannah has the capacity to handle influxes of cargo, and the flexibility to handle megaships carrying freight for allied shipping lines. Some 35 weekly vessel calls give Savannah customers more choices to more destinations.
Savannah is a distribution center hub, featuring more than 46 million square feet of industrial space — including all major big box retailers — within minutes of Garden City Terminal, reducing drive time and increasing efficiency. The Savannah market features more than 21,000 acres of fully entitled land, ready to build industrial space.
In Fiscal Year 2016 alone, port-related manufacturing and logistics companies announced more than half a billion dollars in investment across Georgia, bringing nearly 3,500 jobs and well over 5 million square feet of development to the state. Additionally, flooring retailer Floor & Decor has announced it will open a 1.4 million square-foot distribution center in Savannah by 2018. A planned second phase will add another 1.1 million square feet, for a total of 2.5 million.
These private sector commercial real estate projects show confidence in the continued success of Savannah as a cargo hub for the U.S. Southeast. As Savannah’s logistical advantages continue to draw new customers to Georgia, demand should remain strong for additional industrial space.
World Trade Center Savannah, grantee of Foreign-Trade Zone 104, supports the FTZ program for Georgia businesses in a 16-county region near the Port of Savannah.
Communities within the service area can benefit through job creation and retention, improved infrastructure and the attraction of new business and foreign investment. When companies increase their cash flow, save taxes and improve their bottom line by operating in an FTZ, economic growth and development are stimulated because jobs are created and retained. FTZs also impact indirect employment by creating opportunities for the establishment and growth of supplier and service providers.
In 2015 FTZ 104 supported 14 companies consisting of manufacturing as well as warehouse and distribution facilities. In this region, third-party logistics providers, Port City Logistics and Schilli Distribution also operate FTZ warehouses and provide FTZ benefits for smaller companies or those without an ongoing need for an FTZ.
Foreign and domestic merchandise can be admitted into a zone for storage, exhibition, sampling, assembly, testing, manufacture, production, repackaging, relabeling and repair without formal Customs entry procedures, the payment of Customs duties or the payment of federal excise tax. The program is available to all U.S. based companies and can be established in industrial parks, distribution centers and warehouse facilities. FTZs can be multi-user facilities or specific to one company’s use.
Port Everglades, one of the nation’s leading container ports handling more than one-million TEUs annually, serves as a gateway to Latin America, the Caribbean, Europe and Asia. Its enviable location at the crossroads of North-South and East-West trade, and in the heart of South Florida’s consumer-rich population, is strengthened by intermodal connections that reach 70 percent of the U.S. population within four days.
Port Everglades efficiently handles a diverse spectrum of cargos with cost-competitive services provided by multiple terminal operators. Port Everglades’ users have long enjoyed the benefits of amenities such as:
Ongoing capital improvements and expansion ensure that Port Everglades is ready to handle future growth in container traffic.
On the waterside, the U.S. Army Corps of Engineers has approved the economic and environmental report clearing the way for Port Everglades to move forward with a progressive plan to deepen its channels from 42 feet to 48-50 feet and widen narrower sections for safe passage. The project addresses environmental concerns and will utilize innovative approaches to coral restoration as Broward County has vested interests in its seaport and its sensitive coral reefs, as both are major economic generators. Construction is expected to be completed by 2021-2023, an estimated 3-5 years after construction begins.
Port Everglades is also adding new cargo berths and up to six Super Post-Panamax gantry cranes in its Southport Turning Notch extension project, which will lengthen the existing deep-water turn-around area for cargo ships from 900 feet to 2,400. The project is expected to be completed and operational by 2019. A critical part of the Southport Turning Notch Extension includes replacing 8.7 acres of an existing mangrove conservation easement with a 16.5-acre upland enhancement of approximately 70,000 new mangroves and wetland plants as well as completing a number of environmental improvements in nearby West Lake Park. Port officials worked closely with port users, the environmental community, and the Florida Department of Environmental Protection to develop the plan for the new mangrove habitat.
Landside, the Port will be replacing its older, on-port Foreign Trade Zone No. 25 warehouse facility with a new, 16.7-acre state-of-the-art regional logistics center. FTZ No. 25 plays an essential role in serving the cargo, cruise and petroleum industries both locally and internationally.
FTZ No. 25 has several unique operations that stand out from others in the industry. Petroleum is one of them. Port Everglades receives jet fuel, which it supplies to three international airports, as an FTZ commodity from U.S. and foreign-based refineries. This logistical strategy allows for the elimination of U.S. Customs duties on the jet fuel used on international flights and the deferral of those duties used on domestic flights until airport delivery.
As Port Everglades is consistently ranked among the top three cruise ports in the world, FTZ companies have also benefited by supplying duty-free goods to cruise lines.
From auto parts to cosmetics, businesses of all sizes have implemented effective economical solutions for cargo storage, merchandise manipulation and manufacturing needs at FTZ No. 25.
The Port has also completed several multi-million-dollar public-private infrastructure improvement projects that improve connections with South Florida’s major highway and railroad systems.
Florida East Coast Railway’s (FECR) 43-acre near-dock Intermodal Container Transfer Facility, entering its third year, efficiently transfers international shipping containers between ship and rail, and also handles domestic containers. The $73 million rail yard replaced FECR’s older 12-acre intermodal yard located several miles from the Port.
As Port Everglades continues to advance major infrastructure projects, all aimed at improving productivity, this South Florida powerhouse seaport will continue to serve as an ideal point of entry for products shipped around the world.
Laredo’s trade with the world was a record-setting $284.33 billion in 2015, increasing 1.61 percent in a year when U.S. trade fell 5.59 percent. Trade at seven of the nation’s top 10 Customs districts dropped.
For Laredo, the nation’s third most important Customs district behind only No. 1 Los Angeles and No. 2 New York, it was the sixth consecutive year for record trade. That is the longest current streak among the nation’s top 20.
The story of Laredo’s trade is, of course, the story of its trade with Mexico. For the sixth consecutive year, Laredo’s trade with Mexico set a record, with the 2015 total at $273.55 billion. No Customs district conducts more trade with one nation than Laredo does with Mexico. In fact, Mexico has accounted for more than 95 percent of Laredo’s trade for more than two decades, which is hardly surprising given its proximity to the United States’ third most important trade partner.
For the second consecutive year, Laredo has accounted for more than 50 percent of all U.S.-Mexico trade, increasing that percentage to 51.30 percent in 2015. No other Customs so dominates U.S. trade with a major trade partner.
For the fifth year in the last six, Laredo trade with China topped $3 billion, rising
$19.3 million to to $3.88 billion. That was close to the $3.90 billion record set in 2013.