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This important part of a community can help eradicate poverty
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New research indicates that easier access to transportation could be a vital step in eliminating poverty. - photo by JJ Feinauer
As it turns out, how people get around has a huge impact on their financial well-being.

A new major study published by Harvard University has found that for millions of Americans, the neighborhood you grow up in is a major indicator of future income. Because of this, "social mobility should be tackled at a local level by improving childhood environments," the researchers conclude.

One important part of a community that cultivates upward mobility, according to the researchers, is easy access to public transportation. Commuting costs can be a major drain on families struggling to make ends meet, they found, and more access to transportation can make a substantive difference.

"The relationship between transportation and social mobility is stronger than that between mobility and several other factors, like crime, elementary-school test scores or the percentage of two-parent families in a community," The Upshot's Mikayla Bouchard wrote in her analysis of the Harvard study, quoting one of the researchers on the study, Nathaniel Hendren.

Similarly, a separate study by researchers Chang-Tai Hsieh and Enrico Moretti found that access to transportation is one of the reasons cities are so important in the fight against poverty. When workers live in or near "high productivity" cities (like New York, San Francisco and San Jose, all of which the study cites specifically) they are more likely to have access to work that suits their needs and training.

The problem? Not everyone who could use a new job lives in or near the city, and cities typically cost a lot more to live in.

"More Americans should be living and working in and near high productivity cities," The American Enterprise Institute's James Pethokoukis wrote in response to the Hsieh and Moretti study. "Even a better bus system would be a good start."

Another approach to improving transportation, which would help lower poverty rates (theoretically), would be to completely rethink how we design our cities in the first place.

As Vox's Matthew Yglesias wrote on May 5, making city streets that are geared more toward pedestrian traffic, and not toward cars, could lower housing costs, especially in cities with notoriously high housing prices like San Fransisco.

The basic thinking, according to Yglesias, (who is commenting on an idea tweeted out by narrow street activist Steve Dombek) is that by making streets more narrow, city planners could deter people from driving as much, while also making room for more housing, thus making housing more affordable in the area.

According to the researchers at Harvard, more affordable housing in areas with easy access to better jobs could make all the difference in the mobility of future generations.
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Record April boosts Savannah's container trade at port
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The Port of Savannah moved 356,700 20-foot equivalent container units in April, an increase of 7.1 percent. - photo by Provided

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million 20-foot equivalent container units (TEUs), an increase of 8.8 percent, or 280,000 TEUs, compared to the first 10 months of fiscal 2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 20-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.  

"The authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs.

The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons.

The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

 Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood as chairman, Will McKnight taking the position of vice chairman and Joel Wooten elected as the next secretary/treasurer.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com.

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