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Cargo iQ certifies Virgin Atlantic Cargo's QMS
LONDON: July 18, 2019. IATA interest group Cargo i...

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Emirates SkyCargo collects more awards from business partners
MILAN: July 18, 2019. The IATA Airfreight Forwarde...

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Cargolux Italia launches Malpensa-Incheon service
LUXEMBOURG: July 17, 2019. Cargolux Italia has lau...

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Market targets clinical trials with acquisitions
DURHAM, US: July 15, 2019. UPS pharma logistics su...

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Virgin lines up handler and GSSA for Tel Aviv service
TEL AVIV: July 15, 2019. WTA Aviation will act as ...

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Accenture launches freight exchange for SkyTeam Cargo members
NEW YORK/AMSTERDAM: July 15, 2019. Accenture has l...

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Delta Cargo Q2 revenue drops 17 percent
ATLANTA: July 12, 2019. Delta Air Lines has report...

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Turkish Cargo bucks industry trend
ISTANBUL: July 12, 2019. Citing air cargo data fro...

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Former Containerships CEO to head Samskip Group
ROTTERDAM: July 11, 2019. Samskip has appointed fo...

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Cargo iQ certifies Virgin Atlantic Cargo's QMS
Emirates SkyCargo collects more awards from business partners...
Cargolux Italia launches Malpensa-Incheon service
Market targets clinical trials with acquisitions
Virgin lines up handler and GSSA for Tel...
Accenture launches freight exchange for SkyTeam Cargo members...
Delta Cargo Q2 revenue drops 17 percent
Turkish Cargo bucks industry trend
Former Containerships CEO to head Samskip Group

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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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