Freight News, Sea

SCPA Achieves First Quarter TEU Growth of Nearly 10%

[ November 3, 2015   //   ]

South Carolina Ports Authority (SCPA) saw strong container volume growth during the first quarter of the 2016 fiscal year, with TEU volumes 9.5% higher than the same period last year. SCPA handled 167,549 TEUs last month, an 11.1% increase from September 2014 volumes. Since the 2016 fiscal year began in July, SCPA has moved 513,299 TEUs.

As measured in pier containers, 289,610 boxes have moved across SCPA docks fiscal year to date. Pier container volume is up 8.6% from the 266,741 boxes handled during the same period last fiscal year.

“Our growth is indicative of broad-based strength across all market segments,” said SCPA president and CEO Jim Newsome. “While our volumes are likely to see more modest growth than last fiscal year, we expect to continue to experience increases above the U.S. port market average.”

Noncontainerized cargo was 16.5% higher than plan during the first quarter, with 356,746 pier tons handled. In September, Charleston moved 81,137 tons of breakbulk cargo and the Port of Georgetown handled 30,360 tons.

The Inland Port achieved 7,214 rail moves in September, bringing fiscal year-to-date volume to 22,103 moves. The facility’s strong volumes are 50.5% ahead of plan.