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Rail News: Intermodal
South Carolina ports post record year in FY18
The South Carolina Ports Authority (SCPA) logged a record 2.2 million 20-foot equivalent units (TEU), marking a 3 percent increase in fiscal-year 2017 over the previous fiscal year.
In June, the authority handled 201,163 TEUs, representing the single highest month for container volume in the port's history, SCPA officials said in a press release.
The figure also marked a 10 percent increase over the same month in 2017.
As measured in pier containers — or the number of boxes that moved across the docks of SCPA's two container terminals — SCPA handled 115,696 containers in June and a total of 1.25 million containers in fiscal-year 2018.
"As compared to FY2010, SCPA has grown by over 900,000 TEUs for a compound annual growth rate of 7 percent," said SCPA President and Chief Executive Officer Jim Newsome. "Such growth is a significant accomplishment that reflects a broad expansion of the port’s cargo base, the commitment of our staff and the overall success of our maritime community."
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