South Carolina Ports recorded 206,859 TEU at its maritime terminals in October, representing a 1% decrease compared to the previous year, while fiscal year volumes remain above forecast.
October was the port’s highest volume month for loaded exports since June, with an 18% increase compared to the previous year.
The anticipated slowdown reflects national trends, as U.S. container imports recorded a 7.5% year-over-year drop in October, following the concentration of imports during the summer months.
The President and CEO of SC Ports, Micah Mallace, emphasized that “our commitment to carriers remains intact. The SC Ports team is prepared to manage the most demanding cargo, and the Charleston maritime community will continue to provide the same reliable port service that our customers expect.”
The inland port of Greer handled 14,807 rail moves, representing a 7% decrease compared to the previous year, while the inland port of Dillon saw a 176% increase compared to the previous year, with 4,887 rail moves.
In October, 13,245 vehicles crossed the docks at the Columbus Street Terminal, representing a 25% decline compared to the previous year. Vehicle volume recorded a solid first quarter of the fiscal year, exceeding forecast by 17%.
Despite the decrease in imports and vehicle volume, South Carolina Ports continue to benefit from new investments from companies that rely on them. First Solar, Inc. announced plans to invest $330 million in a new plant in Gaffney, South Carolina.
