New Articles
  July 9th, 2019 | Written by

SCPA: Success & Growth for Fiscal Year 2019

[shareaholic app="share_buttons" id="13106399"]

Sharelines

  • “The Southeast remains the best place to be in the port business with a growing population to support imports."
  • “While we expect more modest growth in fiscal 2020, we are optimistic about the future..."
  • Inland Port Greer confirmed a total of 143,204 rail moves overall and a 22 percent growth rate from last year.

.Fiscal year 2019 has proven successful for South Carolina Ports Authority (SCPA) as it set record volumes at the Port of Charleston while boasting the largest annual percentage of containerized volumes by intermodal container rail in port history, thanks to the The RapidRail program. The program ensures seamless connectivity between rail yards and maritime terminals and supported the 330,000 rail moves  reported for the port for FY19.

The Port reported an overall annual increase of pier containers handled by 9.1 percent following confirmation of June’s handled total of 112,988 containers. There were 2.4 million TEUs reported that were handled from June 2018 through July, confirming an 8.8% increase in annual TEU container volume.

“SCPA’s container business had a record-setting fiscal year and our inland ports in Greer and Dillon continue to see record growth year-over-year,” SCPA president and CEO Jim Newsome said. “This accomplishment is the result of the entire South Carolina maritime community’s dedication to providing a great product to our customers.”

Inland ports also saw robust numbers, especially for Inland Port Greer which reported FY19 as its busiest year since launching operations in 2013. Inland Port Greer confirmed a total of 143,204 rail moves overall and a 22 percent growth rate from last year. Inland Port Dillon saw 29,580 rail moves during the first year of operating.

“The Southeast remains the best place to be in the port business with a growing population to support imports and a strong manufacturing and automotive presence to boost exports,” Newsome said. “While we expect more modest growth in fiscal 2020, we are optimistic about the future and continue to invest in our infrastructure.”

Source: South Carolina Ports Authority