GPA records sixth busiest month on record

Georgia Ports Authority (GPA) saw a 25.3 percent container growth in May making it the sixth consecutive month of double-digit growth.

May was the sixth busiest month ever recorded for container throughput and continued the string of double-digit growth experienced since last December. The growth experienced in the second half of this fiscal year continues to signal improved economic recovery, retail inventory re-stocking and ongoing strength in US products overseas with significant export increases.

Overall tonnage for May 2010 reported gains of 12.4 percent, which brings the GPA’s fiscal year-to-date (July 2009 through May 2010) volume to a 6.5 percent increase compared with the same time period last year. Import growth increased during May as well, while export products and empty container repositioning also supported the extremely strong month.

In other news, the board of directors of the GPA has elected Alec Poitevint to serve as chairman of the board.

Poitevint was first appointed to the board of directors in July 2007 by governor Sonny Perdue and previously served as vice chairman. He is the chairman and president of Southeastern Minerals, and its affiliated companies headquartered in Bainbridge.
(Source:www.cargonewsasia.com)