Freight News, Sea, Business


North Carolina Ports Records Increases in Fiscal Year 2020

[ August 12, 2020   //   ]

The North Carolina State Ports Authority recorded year-over-year increases in volumes through the Port of Wilmington and Port of Morehead City in Fiscal Year 2020, which ended June 30, 2020.
North Carolina Ports container volume through the Port of Wilmington in FY20 increased by 4% over FY19. NC Ports set a record for refrigerated containers, moving 12,839 boxes, a 13% increase over the previous year. In total, refrigerated container volume has increased 267% between FY15 and FY20.
Additionally, the Port of Wilmington recorded 36% year-over-year growth for general cargo operations, moving a total of 2.8 million tons of bulk and breakbulk cargo in FY20. The Port of Morehead City also saw year-over-year increases in general cargo. A total of 1.1 million tons of bulk and breakbulk cargo moved through Morehead City, an increase of 2% over FY19.
“Despite the coronavirus pandemic, North Carolina Ports was able to report year-over-year growth in both container and general cargo business which is a testament to the ongoing hard work of our employees,” said Paul J. Cozza, Executive Director, North Carolina Ports. “We were on pace for a record year in terms of volume before an influx of blank sailings due to COVID-19. Regardless, we are pleased NC Ports was able to push through this uncertainty and record a positive performance in FY20.”
“The fact that North Carolina Ports was able to record year-over-year increases despite COVID-19 is evidence that more customers are looking to NC Ports due to our ability to offer more supply chain and value delivery options,” added Hans C.E. Bean, Chief Commercial Officer, North Carolina Ports.

Tags: