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Swiss WorldCargo continues to support shippers
Swiss WorldCargo has made further adjustments to i...

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Tiaca technical group achieving results
The International Air Cargo Association (TIACA) is...

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Turkish bolsters freighter ops with bellyhold capacity
Turkish Cargo has started to operate cargo flights...

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Record February for Savannah
The Port of Savannah achieved its busiest February...

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LATAM Cargo mitigates supply chain difficulties through freighters
LATAM Cargo has sought to mitigate the current dif...

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Swiss WorldCargo to commence freight-only flights
Swiss WorldCargo has announced that this week will...

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Heathrow calls on supply chain to maximise capacity
Heathrow will be stepping up its cargo capabilitie...

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United latest to offer cargo-only services
United Cargo has begun flying a portion of its Boe...

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Turkish Cargo connects Linz with direct freighter service
Turkish Cargo is continuing to increase its networ...

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Swiss WorldCargo continues to support shippers
Tiaca technical group achieving results
Turkish bolsters freighter ops with bellyhold capacity
Record February for Savannah
LATAM Cargo mitigates supply chain difficulties through freighters...
Swiss WorldCargo to commence freight-only flights
Heathrow calls on supply chain to maximise capacity...
United latest to offer cargo-only services
Turkish Cargo connects Linz with direct freighter service...

 

 

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CHARLESTON, SC: May 21, 2018. South Carolina Ports Authority (SCPA) has announced the highest April container volumes in its history, with growth of four percent over the same month last year.

SCPA handled 196,439 TEU last month, bringing the total since the beginning of its current fiscal year to 1.8 million units moved across its Wando Welch and North Charleston container terminals.

Port of Charleston“Our strong April volumes were driven in part by significant growth of loaded export containers, which reflects the fact that shippers are utilising Charleston’s deepwater harbor as a last port of call for heavy export cargo,” said Jim Newsome, SCPA president and CEO. “Container volume during the spring months puts SCPA in a good position to achieve strong fiscal year results that will exceed FY17 volumes.”

Inland Port Greer handled 9,577 rail moves in April, pushing fiscal year-to-date volumes slightly ahead of last year with 96,937 rail moves since July.

Breakbulk volume in Charleston reached 608,829 tons in April, with 51,426 tons of non-containerized cargo including 17,646 finished vehicles.

The Port has also announced that Moody’s Investors Service and Standard & Poors have issued A ratings with a stable outlook for the Port’s upcoming Series 2018 bonds and Series 2015 bonds, citing SCPA’s cargo volume growth, competitive infrastructure, operating model and financial history.

Standard & Poors has assigned an A+ rating with a stable outlook on both bond series. The agency said the rating reflected the port’s strong market position and its importance to the regional economy as an import/export hub for manufacturers and other businesses in South Carolina and neighbouring states.

“The strong ratings issued by both Moody’s and S&P reflect SCPA’s strong position in the market and our capability of delivering on the necessary projects to remain a top ten container port,” Newsome added.

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