The South Carolina Ports Authority SCPA) said Wednesday that March volume reports showed it sustained double-digit growth in terms of container volume.
As compared to the same time period in 2014, SCPA saw an increase of 14.3 percent fiscal-year-to-date growth of 20-foot equivalent units (TEUs). Additionally, SCPA moved 171,113 TEUs during the month of March, an increase of nearly 14 percent over March 2014 (150,516 TEUs). Fiscal year to date, SCPA has handled approximately 1.4 million TEUs.
“March volumes reflect the end of a very strong quarter, and I’m confident the port will handle over 1 million boxes by the end of our fiscal year in June,” SC Ports Authority CEO Jim Newsome said. “We’re seeing broad-based growth across all sectors, particularly refrigerated cargo and automotive manufacturing.”
In terms of pier containers, which is essentially the total number of boxes handled by the port, containerized cargo has increased 15 percent for the fiscal year to date over 2014. SCPA moved 97,191 boxes during the month of March, with the fiscal-year-to-date total pier container volume approaching 798,000 boxes.
Newsome also said discretionary cargo volumes are continuing to increase, with the growth of retail imports and agricultural exports showing an impressive 25 percent increase in rail moves during the month of March.