forbes Analyzing 20 years of U.S. trade data, we've compiled a list of fast-growing points of entry into the U.S., including international airports, borders, and seaports.
they found The Port of Mobile is the second fastest growing port in the past 10 years.
“From Mobile to Huntsville, Alabama's economy is booming, and our ports are proud to be central to this growth,” said Port Authority Director and CEO. John Driscoll said.
“With more than $1 billion in capital investment planned over the next 10 years and the benefits of major projects such as channel deepening and expansion yet to be realized, there are limits to what the port and the state of Alabama can achieve. ” will be achieved within the next few years. ”
Forbes reports that the Port of Mobile imports more than $1 billion in each of four categories: oil, auto parts, aircraft parts and two types of steel.
RELATED: Study: Port of Mobile brings $85 billion in statewide economic impact
The report also noted that the port's trade volume has more than doubled in the past decade.
U.S. Sen. Katie Britt praised Alabama for reflecting the port's impact as an economic engine felt in all 67 states.
The Port of Mobile is the second fastest growing port in the United States over the past decade. The tremendous impact of this vibrant economic engine is being felt in all 67 of Alabama's counties, and will continue to grow in the coming decades.https://t.co/y8myjy9AaL
— Sen. Katie Boyd Britt (@SenKatieBritt) January 4, 2024
Grayson Everett is the state and politics editor for Yellowhammer News. You can follow him on Twitter @Grayson270
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