SC Ports Projects 7% Container Growth
Following a record-setting month of container volumes achieved in May, the South Carolina Ports Authority (SCPA) board of directors looked ahead to a favorable 2016 fiscal year today with the adoption of a financial plan that includes continued cargo growth, increased operating revenues and significant capital investments. The plan projects pier container volume of 1.15 million boxes during FY2016, a 7.2 percent increase over projected totals for the current fiscal year. Strong growth at the inland port is also planned…
SC Ports’ Container Volumes Up 17%
The South Carolina Ports Authority (SCPA) announced today that October volumes were up nearly 17 percent year over year, continuing a growth trend in container traffic well above the organization's financial plan. SCPA handled 164,672 twenty-foot equivalent units (TEUs) in October, up from 141,049 TEUs moved during the same month last year. Fiscal year to date, TEU volumes are up 14 percent and nearly 13 percent ahead of plan. As measured in pier containers, October volume increased 19 percent over the same month last year, with 94,470 boxes moved.
