I came across an interesting article today in the Latin Business Chronicle that talked about a recent report that came out from the World Bank entitled “Connecting to Compete: Trade Logistics in the Global Economy.” According to the report, countries in Latin America and the Caribbean ranked way behind several developing countries, especially in Asia, in trade logistics competitiveness. For developing countries, the ability to connect to international markets to ship goods is a key way to increase competitiveness in the global economy. The full report and related information are available here.
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At 1,200 acres, the Port of Savannah’s Garden City Terminal is North America’s largest single container terminal. Over the next decade, Georgia Ports Authority plans to expand the Port of Savannah’s annual capacity by 45 percent — from 5.5 million twenty-foot equivalent units to 8 million TEUs per year. Learn more.