Port of Mobile marks ninth year of double-digit growth

Port of Mobile marks ninth year of double-digit growth

The Alabama Port Authority has announced record-breaking numbers for 2022, with 563,191 TEU handled at the Port of Mobile.

This marks the ninth year of double-digit growth since 2009 and an 11 per cent increase in volumes over 2021.

Intermodal rail volumes also saw a 31-month record of triple-digit growth, ending the year at 142 per cent over 2021.

The upcoming intermodal container transfer facility (ICTF) is set to be an on-dock facility by 2025, with access to five Class I and four short-line railroads.

Additionally, the container terminal handled a record 312 vessels, an increase of 75 vessels from the previous year.

READ: APM Terminals Mobile breaks all time container throughput record

“Time and again, we are showing that shipping through Mobile is an efficient and cost-effective way for businesses to get their goods into or out of the United States,” said Port Authority Director and CEO John C. Driscoll.

“These numbers reflect shippers’ confidence in Alabama’s Port, and Mobile has consistently offered supply chain stability.”

The Port Authority plans to expand its capabilities to 1 million TEU upon completing the Phase IV expansion at the container terminal.

The expansion will include the harbour deepening and widening project, as well as the development of logistics facilities in Mobile and a new inland intermodal facility served by CSX in Montgomery.

These projects are set to begin operation in 2025 and will provide new opportunities for shippers.

The Port of Mobile’s economic impact on the state of Alabama is significant, with an annual economic impact of $85 billion and generating 312,896 jobs across the state.

In October 2022, strike loomed over the Port of Mobile as cargo operations faced a slowdown.

The International Longshoremen’s Association (ILA) Local 1410 threatened strike action against CSA Equipment Company, a local stevedoring provider at the port.

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