SC Ports sees downturn in container volumes
2023-06-23 08:41

SC Ports sees downturn in container volumes

by Hristijan Ivanov
SC Ports sees downturn in container volumes

The following release was published by SC Ports:

For the container segments, SC Ports has handled nearly 2.4 million TEUs and 1.3 million pier containers thus far in fiscal year 2023.

“Our amazing SC Ports team and maritime community handle goods every day for businesses and communities throughout the state and beyond,” SC Ports President and CEO Barbara Melvin said.

SC Ports handled 198,824 TEUs and 110,834 pier containers in May. Container volumes are down about 22% year-over-year in response to a constricting economy. Imports are down as people spend less on goods, while exports continue to trend up, with a 4% increase year-over-year.

“Though the landscape has shifted since the pandemic-induced import boom, we remain competitive as a well-run port in the thriving Southeast market,” Melvin said. “As an owner-operator port, we are customer-focused and efficiently run. We have cargo capacity, a strong infrastructure network, available land for import distribution centers, and the deepest harbor on the East Coast to keep freight moving.”

Source: SC Ports