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Rail News: Intermodal

Savannah port to help distribute Hyper bikes in Southeast

Ballard Pacific Resources recently chose the Port of Savannah, Ga., as its gateway to help distribute Hyper Bicycles to major retail outlets in the Southeast, according to the Georgia Ports Authority (GPA).

The company selected the port because it could obtain shorter transit times, reduce costs and tap a "quality" third-party logistics market, said Hyper Bicycles Inc. President Clay Goldsmid in a press release. The port serves as a distribution center hub, with more than 4 million square feet of available warehouse space and an occupancy rate exceeding 88 percent, he said.

"We can better support our existing business, while extending our reach to new customers," said Goldsmid, who established the bicycle company in 1990.

Hyper Bicycles selected Matson Logistics to help manage its expanded transportation and distribution network. Matson provides multi-modal transportation, warehousing and distribution services throughout North America.

The port can each 44 percent of the U.S. population, or 138 million consumers, said GPA Executive Director Curtis Foltz.

"Better global connections, near-port distribution centers and reduced inland transit costs are important factors bringing new business to Georgia," he said.

Contact Progressive Railroading editorial staff.

More News from 8/30/2013