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Mary Carr Mayle

Senior Business Reporter - 912-652-0324 - Email me

Citi Trends reports loss of 6 cents per share

Citi Trends Inc. (NASDAQ: CTRN) on Tuesday reported mixed financial results for the third quarter of fiscal 2016, which ended Oct. 29.

Container numbers up at GPA, despite Hurricane Matthew, Hanjin bankruptcy

Loaded containers at Georgia Ports’ Garden City Terminal grew 4 percent in the first four months of fiscal 2017, despite disruptions caused by a tropical storm, a hurricane and the bankruptcy of a major carrier line.

The Georgia Ports Authority achieved its busiest October ever for loaded containers, moving 251,566 loaded twenty-foot equivalent container units or TEUs. (Georgia Ports Authority / Stephen B. Morton)

Junior Achievement inducts Andrews, Bolch into Business Hall of Fame

Health care and science were in the spotlight Tuesday evening as Junior Achievement of Georgia-Coastal Region inducted two well-known Savannahians into its Business Hall of Fame.
James Andrews and Mrs. Ellen Bolch were acknowledged as laureates at the 17th Annual Savannah Business Hall of Fame event Tuesday at the Savannah International Trade and Convention Center. (Randy Thompson Photography/For the Savannah Morning News)

Area's industrial vacancy rates slowly improving

As container volumes at the Port of Savannah continue to grow, developers and logistics operators continue to scramble to catch up to the demand for warehouse and distribution space around the country’s fourth-largest and fastest-growing port. Colliers International in Savannah last week released its third quarter 2016 industrial market snapshot and, while vacancy rates were better than the first half of the year, they were still too low for comfort.

Portside: Traffic on river bodes well for holidays

If container traffic on the river seems a bit heavier lately, there’s a reason. With the holiday shopping season officially under way, imports at the nation’s major retail container ports — including Savannah — are expected to be up 4.4 percent this month over the same time last year.

Savannah Tech No. 1 in country for vets

Military Times’ 2017 “Best for Vets” rankings are in and Savannah Technical College tops the list for career and technical colleges across the United States.

Trade Center: Pooler lone holdout on long-term hotel tax collections

At Wednesday’s monthly meeting of the Savannah International Trade & Convention Center, Savannah-based lobbyist Lee Hughes reported on his progress in renewing agreements with the county and area municipalities to collect a 6-percent hotel/motel tax, one penny of which helps fund trade center operations.

Canadian aerospace company to locate division in Savannah

In its last meeting of the year, the Savannah Economic Development Authority dealt with a packed agenda that included the announcement that a Canadian company specializing in the engineering and manufacture of interior components for business aircraft has chosen Savannah as the site of its U.S. sales and manufacturing presence.

SEDA to develop new 685-acre industrial park

Three years ago, when the Savannah Economic Development Authority pledged its support to extending the county’s one-cent special purpose local option sales tax on the November 2013 ballot, it was with the understanding that SEDA would receive between $15 million and $30 million to acquire, develop and permit a new industrial park.

City's Irish connection transcends parade

Use the words Savannah and Ireland together in a sentence and you are most likely to be talking about St. Patrick’s Day, the city’s world famous celebration of all things Irish.
But if that’s all you associate with the two, you would be missing a vital part of the picture.
Aboard the Dunbrody Famine Ship in the port of New Ross, County Wexford, from left, Walter O’Leary of the Waterford Institute of Technology, Brynn Grant, Willie Fitzharris of County Wexford’s JFK Trust, Steve Green, Mayor DeLoach, Howard Keeley, SEDA board member John Coleman, Bill Miles and Joe Marinelli. (Photo courtesy County Wexford)

PortSide: Maritime community mourns Brian DuFour

Tuesday, at St. John’s Episcopal Church, the Savannah maritime community said its final goodbyes to the founder of Dufour & Associates Marine Surveying – almost three years to the day that he lost his beloved Tricia.

Marine surveyor Brian Dufour inspects heavy equipment cargo at the Georgia Ports Authority Ocean Terminal in 2011. (Savannah Morning News file photo)

Condé Nast travel readers vote Savannah airport 5th-best in the country

The 29th annual Condé Nast Readers’ Choice Awards survey has recognized Savannah/Hilton Head International Airport (SAV) as the fifth-best domestic airport in the United States, the magazine has reported.

Gulfstream deliveries down, orders still strong

Gulfstream Aerospace parent company General Dynamics this week reported third quarter earnings from continuing operations of $767 million on revenue of $7.7 billion, a 4.6-percent increase over the year-ago quarter. 

GPA hires McCarthy as COO

“It’s an honor to join the team at the GPA,” he said. “Georgia’s ports are known throughout the industry as models of efficiency, and I am excited for the opportunity to help grow that success.”

Optim opens new surgery center

With more than 30 board-certified orthopedic surgeons, Optim Orthopedics on DeRenne Avenue is already an imposing presence. Now,with Wednesday’s grand opening of its newly renovated and expanded orthopedic ambulatory surgery center, the practice promises surgery patients an environment that feels more like a five-star boutique hotel than a hospital.

From left: Dr. Benjamin D. Sutker and Connor Lawrie, VP of Operations and Development, at the grand opening of Optim Orthopedics’ new surgery center on Wednesday. Photo: Geoff L Johnson for SMN.

Coastal Empire economy sends mixed signals

While still growing, the area’s economy is showing signs of a possible slowdown through the rest of the year, according to the Coastal Empire Economic Monitor produced by Armstrong State University economist Michael Toma.

PortSide: Port of Savannah hardest hit by Hurricane Matthew

Of all the ports affected by Hurricane Matthew, Savannah’s was hit the hardest, according to U.S. Coast Guard Cmdr. Amy Beach, commander of Marine Safety Unit Savannah and Captain of the Port, who said damage to navigational aids kept the river and outer harbor closed for several days.

As the largest single-terminal container facility in the nation, with more than 9,700 feet of contiguous berthing space and 22 ship-to-shore cranes, Savannah was able to quickly recover from the storm with minimal impact to the supply chain. (GPA Photo/Stephen B. Morton)

FAA issues safety directive for GII, GIII and GIV

The Federal Aviation Administration has issued an urgent airworthiness directive for Gulfstream business jet models GII, GIII and GIV due to missing “life limit” notices on the planes’ elevator assemblies and skins.

Roll out of the Gulfstream III in this 1978 file photo. (Nancy Heffernan/Savannah Morning News)

When Matthew brought mayhem, Georgia Power was ready

Last week, in a visit to their storm operations command on Kilowatt Drive, the Savannah Morning News got an up close look at what it’s like when Georgia Power goes into full hurricane mode.

(Steve Bisson/Savannah Morning News)

Port of Brunswick getting more space

The Port of Brunswick is the nation’s fastest growing autoport. With 652 acres of auto processing space available for development, Brunswick is poised for continued expansion. (Georgia Ports Authority/Jim Carswell)