The SC Ports Authority (SCPA) has announced its October volumes are up by nearly 17% year-on-year, continuing a strong growth trend in container traffic well above the organisation's financial plan.
SCPA handled more than 164,000 TEU in October, 2014, up from more than 141,000 TEU in the same month of 2013.
As measured in pier containers, October volumes increased 19% over the same month last year, with over 94,000 boxes moved.
Over the fiscal year to date, pier container volumes are 12% over plan and 15% higher than the same period last year.
Total break-bulk cargo tonnage also continues to climb, with fiscal year-to-date volumes 20% ahead of plan.
SCPA president and CEO Jim Newsome said: “SCPA's strong volume and earnings performance is broad-based and reflective of the growth in a number of market segments combined with the fact that our port continues to offer the highest levels of service and reliability in the US port industry.
“While we are pleased with the strong levels of growth, we expect this growth to moderate in the last two months of the year and into next year. We do believe that the South Atlantic port market will continue to outperform the US port market due to strength in manufacturing along with overall regional growth.”
A still of South Carolina's Port of Charleston. (Source: South Carolina Radio Network)
