News Entries Archive - Page 17 of 73

SC Ports reports best volumes yet in 2019

CHARLESTON, SC -- JAN. 9, 2020 -- South Carolina Ports Authority had its best calendar year in its history, handling 2.44 million twenty-foot equivalent container units (TEUs) in 2019, a 5% increase year-over-year.

S.C. Ports handled 1.38 million pier containers -- as measured by the total number of boxes handled -- in 2019 at the Wando Welch and North Charleston terminals. Of those, more than 1.1 million containers went across the docks of the Wando terminal whilst major renovations were ongoing to enhance the terminal's big-ship readiness capabilities.

Breakbulk cargo grew in 2019 with 725,828 pier tons handled, up nearly 10% from a year ago. The Port also handled 225,191 vehicles, up 4%, and 262,776 cruise passengers, up 24%, in 2019.

Inland Port Greer and Inland Port Dillon also saw record breaking activity in 2019 with 190,539 combined rail moves, up 41% year-over-year.

S.C. Ports Authority President and CEO Jim Newsome said volumes were strong across business segments in 2019, despite ongoing global trade issues.

"We enter 2020 with a great decade of growth behind us, during which we doubled our volumes, tripled our asset base and added more than 200 people to our team," Newsome said. "Our cargo growth and efficient terminals are only made possible through the dedication of our team and the broader maritime community."

December volumes

S.C. Ports handled 187,882 TEUs at the Wando Welch and North Charleston container terminals in December. This brings the total TEUs handled thus far in fiscal year 2020, from July through December, to 1.23 million, up nearly 4% year-over-year.

The Port moved 105,783 pier containers in December for a total of 694,656 pier containers thus far in fiscal year 2020.

Breakbulk and vehicle cargo have seen strong year-over-year growth. The Port handled 45,816 pier tons in December for a total of 356,179 pier tons in fiscal year 2020, up 39% from the same period a year ago. The Port moved 16,436 vehicles across Columbus Street Terminal in December for a total of 115,607 vehicles in fiscal year 2020, up nearly 36%.

Inland Port Greer reported 10,735 rail moves in December for a total of nearly 75,000 rail moves in fiscal year 2020, up 23% year-over-year. Inland Port Dillon, now in its second year of operation, reported 3,027 rail moves in December for a total of nearly 17,000 rail moves for the fiscal year, up 32%.

"Our ongoing growth supports our long-planned, vital infrastructure projects, which are close to becoming a reality. In 2021, S.C. Ports will open the first phase of the Hugh K. Leatherman Terminal and achieve a 52-foot depth in Charleston Harbor," Newsome said. "Our enhanced capacity and big-ship capabilities make the Port of Charleston ideal for cargo owners wanting access to both Southeast consumers and global markets."

Impact of new HQ

Port II by Kate Hooray Osmond hangs at SCPA. (Photo/Arielle Simmons)

It has been one year since S.C. Ports Authority moved into its new headquarters building in Mount Pleasant.

Port officials wanted office operations located next to terminal operations; the new office overlooks Wando Welch Terminal. The four-story building also accommodates the Port's growing workforce, which now encompasses more than 730 employees.

The 80,000-square-foot building has numerous shared work spaces, meeting rooms and employee amenities. The cafeteria, aptly named The Galley, brings employees together every day, promoting better cross-functional communication, brainstorming sessions and camaraderie.

The building has also received recognition in The Art Mag for the agency's decision to invest in the Lowcountry art community. The Port's building and design committee hired Sarah Miller Gelber of Canvas Charleston and Miller Gallery to fill its new office with works from local artists.

SCPA's headquarters now has more than 90 pieces of original artwork on its walls, including pieces from Marina Dunbar, John Duckworth, Mary Edna Fraser, Kate Hooray Osmond, Fletcher Williams, Heather Jones, Emily Brown and Jason Ogden, as well as in-house photographers and SCPA employees, English Purcell and Marion Bull.

Gelber said this effort by S.C. Ports positively impacts artists in the community, helping an artist pay down a school loan and assisting a gallery owner during a slow season, among other anecdotes.

"Their willingness to utilize the creative talent in their own community is a model I implore other businesses, large and small, to exercise," Gelber said in her piece for The Art Mag. "In a time when it's frighteningly easy to have all purchases dropped at our door with a click of a button, it's important to remember that there is a soul behind every piece of original art. That unique soul is connected to others, and, in the end, we're all connected -- bringing to light the SCPA's motto: The World Connects Here."

About South Carolina Ports Authority

South Carolina Ports Authority (SCPA), established by the state's General Assembly in 1942, owns and operates public seaport and intermodal facilities in Charleston, Dillon, Georgetown and Greer. As an economic development engine for the state, Port operations facilitate 225,000 statewide jobs and generate nearly $63.4 billion annual economic activity. SCPA is soon to be home to the deepest harbor on the U.S. East Coast at 52 feet, and the Port is an industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. For more information on SCPA, please visit www.scspa.com.

Congress, President Trump approve $138 million for Charleston Harbor Deepening Project

CHARLESTON, SC -- DEC. 20, 2019 -- The Charleston Harbor Deepening Project reached a monumental milestone today with President Donald Trump signing the FY2020 Energy and Water Appropriations bill into law, officially greenlighting $138 million for the Charleston Harbor Deepening Project.

President Trump included the $138 million in the President's Fiscal Year 2020 budget earlier this year, making the project eligible for direct appropriations by Congress for the first time through the Energy and Water Appropriations bill.

Both the Senate and the House voted to approve the appropriations bill this week as part of the FY2020 funding package, and President Donald Trump signed it into law today.

This enormous step forward means the project is fully funded to completion and on track to achieve a 52-foot depth in 2021.

"This huge infusion of federal funding reflects the importance of ensuring South Carolina has a deep harbor capable of handling mega container ships," S.C. Ports Authority Board Chairman Bill Stern said. "We are grateful to the Trump Administration for recognizing the value a 52-foot depth in Charleston Harbor brings to the Southeast. Thank you to our Congressional delegation, Governor McMaster, and the state and local leaders who have supported this critical project and worked tirelessly to complete it."

S.C. Ports Authority President and CEO Jim Newsome said a 52-foot deep harbor will accommodate 19,000 twenty-foot equivalent container unit (TEU) vessels drafting 50 feet or more without navigation or tidal restrictions.

"The Charleston Harbor Deepening Project is one of the most significant infrastructure projects in S.C. history," Newsome said. "A 52-foot deep harbor will ensure we remain competitive for decades to come as bigger ships bring more cargo to S.C. Ports. A thriving port drives economic development and attracts business to the state, which ultimately creates high-paying jobs for South Carolinians. Port operations generate a $63.4 billion economic impact on the state each year and create 1 in 10 S.C. jobs."

In 2012, the S.C. General Assembly set aside $300 million, the full estimated state share of the deepening construction costs. This decision was invaluable in showing the federal government that South Carolina is fully invested in deepening Charleston Harbor.

The project also previously secured $108 million in federal appropriations from the Army Corps of Engineers' work plans, as well as an additional $50 million loan from the state. Construction began in early 2018.

"We have been working diligently on this project with the U.S. Army Corps of Engineers for 10 years and it is great to see construction progressing. This impressive progress would not be possible without the unwavering support from the S.C. Legislature, who set aside funding years ago," S.C. Ports COO Barbara Melvin said. "Today, we are incredibly grateful to our Congressional delegation and the Trump Administration for funding this vital project to completion."

Work is ongoing to deepen the Entrance Channel to 54 feet; deepen a stretch from the Lower Harbor up to Wando Welch Terminal to 52 feet; and widen the turning basin of the Wando River from 1,400 feet to 1,650 feet.

The next contract will achieve a 52-foot depth from Charleston Harbor up the Cooper River to the future Hugh K. Leatherman Terminal in North Charleston, set to open in 2021. The new Leatherman terminal will double port capacity at full build-out.

"The importance of completing the Charleston Harbor Deepening Project cannot be overstated," Newsome said. "We are grateful to all our partners, elected leaders and teammates who are making this a reality."

Accolades from elected leaders:

"For decades, South Carolina's ports system has been the competitive advantage that sets our state's economy apart, and this $138 million investment in the Charleston Harbor Deepening Project ensures that it will remain an advantage for decades more. This news gives every South Carolinian reason to celebrate. Companies around the world will take notice of Team South Carolina's commitment to keeping our infrastructure on the cutting edge, which gives them more confidence in investing here and creating even more jobs for our people." -- Gov. Henry McMaster

"I'm incredibly appreciative of President Trump, as well as my House and Senate colleagues, for making this happen. The $138 million we secured is one of the most important milestones we have met. It will help keep us on track toward project completion. ... Charleston Harbor Deepening is about jobs -- both today and in the future. The Port is the backbone of our state's economy and responsible for over $60 billion in economic activity. Today's news ensures our Port will continue to benefit South Carolina and American business in perpetuity." -- U.S. Sen. Lindsey Graham

"I am pleased the bi-partisan appropriations agreement contains $138 million for the deepening of the Charleston Harbor. This funding is critical to help the Port of Charleston become the deepest harbor on the East Coast, allowing post-Panamax vessels to call on the Port of Charleston any time of day. The Port of Charleston is vital to the economy of South Carolina. I am a huge supporter of the Port and I will continue to support efforts to ensure it continues to thrive." -- Congressman Jim Clyburn

"I am grateful to have worked alongside my colleagues in Congress to fight for the Charleston Harbor Deepening Project. The Port of Charleston supports thousands of businesses and jobs in our state and this federal funding is critical to ensuring the project remains on track, benefiting South Carolina's economy for years to come. I appreciate President Trump for recognizing the importance of this project and the critical role it plays." -- Congressman Joe Wilson

"I'm proud to stand behind a bipartisan government funding bill that invests in critical Lowcountry priorities like the Charleston Harbor Deepening Project, averts another shutdown, and fully funds the government for the rest of the fiscal year. The Port of Charleston is a driver of economic development across our entire state and region. This funding will allow the Port of Charleston to reach its full potential and continue to facilitate economic growth across the Lowcountry." -- Congressman Joe Cunningham

About South Carolina Ports Authority
South Carolina Ports Authority (SCPA), established by the state's General Assembly in 1942, owns and operates public seaport and intermodal facilities in Charleston, Dillon, Georgetown and Greer. As an economic development engine for the state, Port operations facilitate 225,000 statewide jobs and generate nearly $63.4 billion annual economic activity. SCPA is soon to be home to the deepest harbor on the U.S. East Coast at 52 feet, and the Port is an industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. For more information on SCPA, please visit www.scspa.com.

SC Ports in strong position heading into 2020

CHARLESTON, SC -- DEC. 18, 2019 -- South Carolina Ports Authority has seen steady growth across multiple business segments in 2019, handling nearly 2.25 million twenty-foot equivalent container units (TEUs) since January.

"We continue to attract cargo with our efficiently run terminals and reliable service," SCPA President and CEO Jim Newsome said. "This is made possible by our excellent team and the broader maritime community, all of whom work tirelessly to keep cargo moving seamlessly through our supply chain."

S.C. Ports saw strong cargo volumes at container, breakbulk and inland terminals in November.

SCPA handled 184,928 twenty-foot equivalent container units (TEUs) at the Wando Welch and North Charleston container terminals last month. This brings the total TEUs handled thus far in fiscal year 2020, from July through November, to 1.04 million -- a 6% increase year-over-year.

As measured by the total number of boxes handled, SCPA moved 104,324 pier containers in November. The Port has handled 588,873 pier containers in fiscal year 2020, which is up nearly 5% from a year ago.

SCPA also handled 63,252 pier tons in November, up 28% year-over-year. Vehicle imports and exports at Columbus Street Terminal totaled 19,933 last month, a 17% increase from a year ago.

Beyond the oceanside terminals, S.C. Ports runs two very successful inland ports in the Upstate and Pee Dee regions of South Carolina. The inland ports use overnight rail to move cargo to and from the Port of Charleston, giving cargo owners in the Southeast and Midwest direct access to the Port.

Inland Port Greer reported 9,370 rail moves in November, while Inland Port Dillon saw 2,410 rail moves last month. Combined, the inland ports handled 11,780 rail moves in November for a total of 77,445 rail moves thus far in fiscal year 2020, up 27% year-over-year.

S.C. Ports looks to further grow retail volumes and recruit distribution centers to South Carolina to handle the influx of imports to the Southeast.

"Looking ahead to 2020, we expect to continue weathering uncertainty in the world economy, but our strong position in the Southeast and proximity to a booming consumer market will drive growth," Newsome said. "We expect to grow above the market as more cargo shifts from West Coast to East Coast ports."

During a board meeting today, SCPA Board Chairman Bill Stern congratulated S.C. Ports on receiving international recognition for performance and overall productivity. The Journal of Commerce ranked both the Port of Charleston and Wando Welch Terminal No. 1 for productivity among North American midsized ports.

"The equipment operators at S.C. Ports and all those working in the maritime community enable the notable productivity that cargo owners have come to rely on at S.C. Ports," Stern said.

Newsome also thanked the SCPA Board of Directors for their time and service to the Port. The board unanimously approved the reelection of board officers for the next two years: Stern as board chairman, Dave Posek as vice chairman, Kurt Grindstaff as treasurer and Willie Jeffries as secretary.

"We appreciate the board's continued support of our investments that enable us to service some of the biggest ships in the world," Newsome said. "This next year is critical as we progress on our momentous infrastructure investments, including a new container terminal and a 52-foot deep harbor, both set for completion in 2021."

SC Ports wins international awards for port performance

CHARLESTON, SC -- DEC. 13, 2019 -- South Carolina Ports Authority received international recognition for the Port of Charleston's performance and overall productivity.

The Journal of Commerce ranked the Port of Charleston No. 1 for overall productivity in the midsize ports category for North American ports. Wando Welch Terminal was named No. 1 for overall productivity in the midsize terminals category.

The awards were presented this week during JOC Events' annual Port Performance North America Conference in Newark, N.J.

The JOC uses its global database of berth productivity at port terminals to analyze and compare port operations; the publication defines productivity by the average number of container moves per crane per hour, while a ship is at berth.

The first place rankings highlight S.C. Ports' ability to efficiently move cargo boxes between container ships and terminals.

"Our investments in buying taller cranes, implementing new terminal technologies and hiring highly skilled equipment operators all lend to incredibly well-run port terminals and high productivity for our customers," S.C. Ports COO Barbara Melvin said. "I would like to thank the broader maritime community as well as we do not achieve this type of productivity alone. It is a team effort."

S.C. Ports' Wando Welch Terminal recently underwent a three-year refurbishment effort to strengthen and densify the terminal, enabling it to handle both mega container ships and growing cargo volumes. By the end of 2020, Wando Welch Terminal will have 15 ship-to-shore cranes with 155 feet of lift height and 65 rubber-tired gantry cranes.

The Port is on track to achieve a 52-foot depth in Charleston Harbor in 2021, ensuring container ships can access Wando Welch Terminal at any time without tidal restrictions. The Charleston Harbor Deepening Project will also greatly benefit S.C. Ports' new container terminal, the Hugh K. Leatherman Terminal, which will open in 2021 and double port capacity at full build-out.

"These monumental infrastructure projects will continue to bring more cargo and business to the Southeast and the Port of Charleston," SCPA President and CEO Jim Newsome said. "S.C. Ports offers reliable service and ensures the efficient movement of cargo, making it a very attractive port for customers wanting access to an East Coast port and the booming Southeast market."

SC Ports awards $128,500 in grants to nonprofits, organizations

CHARLESTON, SC - NOV. 27, 2019 -- S.C. Ports Authority awarded $128,500 in grants to 71 charitable organizations through its annual Community Giving Program.

The program provides grants to organizations in regions where S.C. Ports operates with the goal of positively impacting maritime commerce, economic development, environmental awareness, community outreach, education and workforce development efforts.

S.C. Ports is providing more funding to more organizations than ever before through its fiscal year 2020 grants.

"Our continued growth and success as an economic development engine for South Carolina enables us to support charitable organizations through our Community Giving Program," S.C. Ports Authority President and CEO Jim Newsome said. "Our grant recipients work to improve children's literacy, cultivate a world-class workforce, enhance the environment and support students' creativity and curiosity, among other critical initiatives. We are proud to partner with these organizations as they undertake incredibly important work for our state."

Grant recipients apply for the Community Giving Program. A committee - made of members with various backgrounds at the port -- review applications and prioritize funding. The program offers grants of $5,000, $2,500 and $1,000.

This year's $5,000 grant recipients include: A Backpack Journalist, Greenville Tech Foundation, Wounded Nature - Working Veterans, Dillon County First Steps and SC Future Makers.

A Backpack Journalist provides students with real-world journalism experiences, including the process of writing, storytelling, film making and promotion. The group plans to use the funding to further their mission, including telling stories about the maritime industry.

Greenville Tech Foundation received SCPA funds for its Truck Driver Training Program, a 10-week certificate program that trains entry-level commercial truck drivers in long haul, short haul and basic rules and regulations of the Department of Transportation.

Wounded Nature -- Working Veterans received SCPA funds to help with its mission of protecting coastal habitats and wildlife. The group assembles volunteer boaters and veterans to remove debris from hard to reach coastal areas designated by the Fish and Wildlife Service and Department of Natural Resources as critical wildlife areas.

Dillon County First Steps is a nonprofit striving to help every student in Dillon County arrive at kindergarten ready to succeed. The programs offer a comprehensive approach to ensure children receive excellent care and develop an interest in reading from a young age. SCPA funds will help support this early childhood education initiative.

SC Future Makers exposes and connects the next generation of students to statewide career opportunities. The organization works to close the STEM (Science, Technology, Engineering and Math) gap and retain emerging talent. SCPA funds will be used to engage high school students and connect them with businesses.

Fiscal Year 2020 Recipients

A Backpack Journalist
ACE
American Red Cross (Lowcountry SC Chapter)
Association for the Blind & Visually Impaired South Carolina (ABVI)
Audubon South Carolina (ASC)
Avian Conservation Center
Camp Happy Days
Camp Rise Above
Charleston Adult Education
Charleston Area Senior Citizens' Services, Inc.
Charleston Habitat for Humanity
Charleston Leaders
Charleston Waterkeeper
Children's Cancer Partners of the Carolinas
Communities In Schools of Greenville, Inc.
Communities In Schools of the Charleston Area
Dee Norton Child Advocacy Center
Dillon County Chamber
Dillon County First Steps
Dillon Historic School Foundation
Dorchester County Economic Development
East Cooper Community Outreach (ECCO)
East Cooper Meals on Wheels
Engaging Creative Minds
Florence Crittenton Programs of SC
Friends of Coastal South Carolina
Friends of Keep Charleston Beautiful
Greenville Tech Foundation
Greer Community Ministries
Greer Cultural Arts Council
Greer Relief & Resources Agency
Habitat for Humanity of Berkeley County
Help 4 Kids Florence
Helping and Lending Outreach Support dba HALOS
Home Works of America
Hospice and Palliative Care Foundation
Jasper County First Steps
Junior Achievement of Greater South Carolina
Kids On Point
Love Feeds
Lowcountry Food Bank
Lowcountry Habitat for Humanity
Lowcountry Local First
Lowcountry Maritime School
Meals on Wheels of Summerville
Multiplying Good (formerly the Jefferson Awards Foundation)
My Sister's House
Operation Home
Orangeburg County Community of Character
Palmetto Project/BEGIN WITH BOOKS
Reach Out and Read Carolinas
Reading Partners South Carolina
Rebuild Upstate
Redux Contemporary Art Center
Respite Care Charleston
Ronald McDonald House Charities of Charleston, Inc.
SC Future Makers
SC School for the Deaf and the Blind Foundation
South Carolina Aquarium
South Carolina Operation Lifesaver
Teach for America South Carolina
The ARK of SC
The First Tee of Greater Charleston
The Green Heart Project
The Village Group
Trident Literacy Association
United Ministries
Water Mission
Wings for Kids
Wounded Nature - Working Veterans
YouthBASE

Fiscal Year 2019 Impact

Community Giving recipients complete outcome surveys at the end of the fiscal year to be eligible for funding in the next giving cycle. The survey allows S.C. Ports to measure the positive lasting impacts of the grant program and fulfill its mission to be a strong community partner.

S.C. Ports awarded $106,000 to 54 charitable organizations in fiscal year 2019. Impacts of the funding include:

70,000 South Carolina students benefited from Community Giving grants.
5,685 people received meals through hunger-relief programs.
5,849 people received job skills training.
200,000 people were educated about environmental sustainability.
100,853 South Carolina students participated in STEAM (Science, Technology, Engineering, Art and Math) activities.

SC Ports continues to see strong volumes

CHARLESTON, SC -- NOV. 12, 2019 -- South Carolina Ports Authority has seen strong volumes in the first four months of fiscal year 2020 with growth in both containerized and vehicle cargo.

S.C. Ports moved 217,360 twenty-foot equivalent container units (TEUs) across the Wando Welch and North Charleston container terminals in October. SCPA has moved 855,959 TEUs since July, a 7% increase year-over-year.

As measured by the total number of boxes handled, SCPA moved 122,591 pier containers in October for a total of 484,549 pier containers in fiscal 2020, up nearly 7% from a year ago.

S.C. Ports handled 20,986 vehicles at Columbus Street Terminal in October. SCPA has seen a 36% uptick in vehicles coming through the Port with 79,238 vehicles moved thus far in fiscal year 2020.

Breakbulk cargo was also strong in October with 61,305 pier tons handled; breakbulk cargo is up 43% for the fiscal year with 247,111 pier tons handled since July.

"We have seen strong volumes in early fiscal year 2020 with growth across multiple business segments," S.C. Ports Authority President and CEO Jim Newsome said. "While we face some uncertainty in the global market, we are working to further grow and diversify our cargo base to ensure continued success."

Inland Port Dillon, which opened last year in the Pee Dee region of South Carolina along Interstate 95, handled 2,484 rail moves in October for a total of 11,151 rail moves since July.

"Southeast ports continue to outperform other U.S. ports, which is a trend we anticipate continuing as S.C. Ports offers customers reliability, efficiently run terminals and the best workforce in the business," Newsome said. "Our ongoing infrastructure projects, such as the opening of the Hugh K. Leatherman Terminal in North Charleston in 2021, will ensure we have ample capacity to meet our customers' future needs as well."

SCPA makes a $15.6 billion annual impact in the Midlands

COLUMBIA, SC -- NOV. 4, 2019 -- South Carolina Ports Authority's reach goes well beyond the Port of Charleston with 25% of its economic impact happening in the Midlands.

S.C. Ports Authority (SCPA) makes a $15.6 billion annual economic impact in the Midlands and creates 55,000 jobs in the region, according to a new Economic Impact Study from the University of South Carolina's Darla Moore School of Business.

Statewide, S.C. Ports makes a $63.4 billion annual economic impact and creates 1 in 10 S.C. jobs, or roughly 225,000 jobs statewide.

The study shows that 25% of the statewide economic impact associated with S.C. Ports is concentrated within the Midlands, said Joey Von Nessen, research economist at the University of South Carolina and the study author.

"S.C. Ports is one of South Carolina's most vital resources," Von Nessen said. "Port operations create high-paying jobs and attract port-dependent businesses to locate or expand throughout the state. South Carolina's success is intrinsically tied to S.C. Ports Authority's continued growth."

Port operations account for 10% of the state's economy and generate
$1.1 billion in tax revenue annually for the state, the study found.

"S.C. Ports Authority has further established itself as one of our state's premier economic drivers, creating 1 in 10 jobs and a $63.4 billion annual economic impact on South Carolina," Gov. Henry McMaster said.

Port and port-related jobs pay an average of $57,000, roughly 32% higher than the state's average income.

Port operations and all associated activities correspond to $3.1 billion in wages and salaries for Midlands residents that would otherwise not exist, the study found.

"SCPA supports businesses and manufacturers as they invest in South Carolina," Von Nessen said. "This ultimately leads to new jobs and higher wages, as well as disposable income being spent in communities and the recruitment of suppliers -- all of which propels S.C.'s economy forward."

S.C. Ports serves as a key competitive advantage for the state and supports the state's thriving business community by connecting S.C. companies to global markets.

"The S.C. Ports Authority enables Michelin to seamlessly and efficiently import materials to our network of plants around the state and export tires to global markets," said Alexis Garcin, chairman and president of Michelin North America. "Access to an efficient supply chain and port facilities is a key element of Michelin's long-term success in South Carolina, ultimately creating more jobs for residents of our state."

S.C. Ports plans to further grow and diversify its cargo base, in part by supporting economic development efforts for manufacturers, retailers and distribution centers.

"Over the past 10 years as CEO, I have seen the Port grow significantly, which creates a positive impact on our state's economy and on South Carolinians," SCPA President and CEO Jim Newsome said. "The Port generates revenue, creates great jobs and helps companies expand in South Carolina."

SCPA remains focused on completing major infrastructure projects by the end of 2021, including modernizing Wando Welch Terminal, building the Hugh K. Leatherman Terminal in North Charleston and deepening Charleston Harbor to 52 feet.

Read the full study here. Learn more about the statewide economic impact here.

SCPA makes a $33 billion annual economic impact in the Upstate

GREER, SC -- OCT. 28, 2019 -- South Carolina Ports Authority's reach goes well beyond the Port of Charleston with more than half of its economic impact happening in the Upstate.

S.C. Ports Authority (SCPA) makes a $33 billion annual economic impact in the Upstate and creates 117,000 jobs in the region, according to a new Economic Impact Study from the University of South Carolina's Darla Moore School of Business.

Statewide, S.C. Ports makes a $63.4 billion annual economic impact and creates 1 in 10 S.C. jobs, or roughly 225,000 jobs statewide.

This means that 52% of the statewide economic impact associated with S.C. Ports is concentrated within the Upstate, said Joey Von Nessen, research economist at the University of South Carolina and the study author.

Port operations account for 10% of the state's economy and generate $1.1 billion in tax revenue annually for the state, the study found.

Port and port-related jobs pay an average of $57,000, roughly 32% higher than the state's average income. Port operations and all associated activities correspond to $6.6 billion in wages and salaries for Upstate residents that would otherwise not exist, the study found.

Inland Port Greer's impact

S.C. Ports moves record cargo volumes at oceanside terminals, as well as at two rail-served inland ports in the Upstate and the Pee Dee.

Inland Port Greer handles cargo for customers and an overnight Norfolk Southern rail service ferries cargo to and from the Port of Charleston. Inland Port Greer extends the Port's reach 212 miles inland, connecting more Southeast and Midwest companies to global markets.

The inland terminal also creates jobs in Greer, attracts companies to locate and expand in the Upstate, and brings more cargo to S.C. Ports.

Inland Port Greer opened in 2013 and continues to see record growth year-over-year, handling 143,204 rail moves in fiscal year 2019. BMW Manufacturing Co., which sits adjacent to the inland terminal, was the launch customer for the state's first inland port.

"BMW Manufacturing's success as the country's largest automotive exporter by value would not be possible without the strong relationship we have with the South Carolina Ports Authority," said Knudt Flor, president and CEO of BMW Manufacturing. "During our 25 years of production, S.C. Ports has consistently run efficient operations, enabling BMW to export 70% of our South Carolina-made vehicles to more than 125 countries around the world. They have also found creative ways to move our vehicles to customers faster, including overnight rail service from Inland Port Greer to the Port of Charleston. We look forward to continued growth for both BMW and S.C. Ports as we connect customers to BMW and create jobs for South Carolinians."

S.C. Ports plans to further grow and diversify its cargo base, in part by supporting economic development and furthering growth at the state's inland ports.

"S.C. Ports ensures S.C.-based companies can reliably move cargo to customers around the world and quickly receive materials needed to operate their businesses," said S.C. Rep. Bill Sandifer, vice chairman of the Review and Oversight Commission of S.C. Ports Authority. "The Port's continued investment in infrastructure and operations will bring even more economic prosperity to South Carolina, and the Upstate will undoubtedly benefit from this growth."

Read the full study here. Learn more about the statewide economic impact here.

SCPA makes a $7.1 billion annual economic impact in Pee Dee

FLORENCE, SC -- OCT. 23, 2019 -- South Carolina Ports Authority extends its reach beyond the Port of Charleston to make a significant economic impact throughout South Carolina and in the Pee Dee.

S.C. Ports makes a $7.1 billion annual economic impact in the Pee Dee and creates 25,000 jobs in the region, according to a new Economic Impact Study from the University of South Carolina's Darla Moore School of Business.

Statewide, S.C. Ports makes a $63.4 billion annual economic impact and creates 1 in 10 S.C. jobs. The Pee Dee accounts for nearly 11% of the Port's impact across the state.

"S.C. Ports Authority has further established itself as one of our state's premier economic drivers, creating 1 in 10 jobs and a $63.4 billion economic impact on South Carolina," Gov. Henry McMaster said.

Port and port-related jobs pay 32% higher than the state average income. Port operations and all associated activities correspond to $1.4 billion in wages and salaries for Pee Dee residents that would otherwise not exist, the study found.

"S.C. Ports is one of South Carolina's most vital resources," said Joey Von Nessen, the study author and research economist at the University of South Carolina. "Port operations create high-paying jobs and attract port-dependent businesses to locate or expand throughout the state. South Carolina's success is intrinsically tied to S.C. Ports Authority's continued growth."

S.C. Ports moves record cargo volumes at oceanside terminals at the Port of Charleston, as well as at two rail-served inland ports in the Upstate and the Pee Dee. Inland Port Dillon, which opened in spring 2018, handles cargo and a CSX rail service runs to and from the Port of Charleston.

Inland Port Dillon extends the Port's reach 163 miles inland, connecting more Southeast companies to global markets. The inland terminal also creates jobs in Dillon and attracts companies to locate in the Pee Dee.

Port operations account for 10% of the state's economy and generate $1.1 billion in tax revenue annually for the state, the study found.

Jim Newsome, president and CEO of S.C. Ports Authority, said S.C. Ports plans to further grow and diversify its cargo base, in part by supporting economic development and furthering growth at the state's inland ports.

"Over the past 10 years as CEO, I have seen the Port grow significantly, which creates a positive impact on our state's economy and on South Carolinians," Newsome said. "The Port generates revenue, creates great jobs and helps companies expand in the Pee Dee. We are grateful for our connection to this community."

"S.C. Ports Authority's operations increase our state's competitiveness on a global scale," South Carolina Sen. Hugh K. Leatherman Sr. said. "S.C. Ports provides customized logistics solutions for S.C. companies, which creates economic growth and high-paying jobs for South Carolinians. The success of Inland Port Dillon brings prosperity to the Pee Dee region, and we look forward to future growth."

Read the full study here and read about the statewide economic impact here.

SC Ports makes a $63.4 billion annual economic impact on S.C.

CHARLESTON, SC -- Oct. 22, 2019 -- South Carolina Ports Authority has long been a powerful economic engine for South Carolina, and as container volumes have doubled over the past decade, the Port's positive economic impact on the state has significantly increased.

SC Ports Authority (SCPA) makes a $63.4 billion annual economic impact on South Carolina and creates 1 in 10 S.C. jobs, according to a new Economic Impact Study from the University of South Carolina's Darla Moore School of Business.

"SC Ports Authority has further established itself as one of our state's premier economic drivers, creating 1 in 10 jobs and a $63.4 billion economic impact on South Carolina," Gov. Henry McMaster said.

The analysis finds that SC Ports's operations and all associated activities correspond to nearly 225,000 jobs and $12.8 billion in wages and salaries for South Carolinians that would otherwise not exist.

The average income for Port and Port-related jobs is roughly $57,000, which is approximately 32% higher than the state average income, the analysis found.

"SC Ports is one of South Carolina's most vital resources," said Joey Von Nessen, the study author and research economist at the University of South Carolina. "Port operations create high-paying jobs and attract port-dependent businesses to locate or expand throughout the state. South Carolina's success is intrinsically tied to SC Ports Authority's continued growth."

Port operations account for 10% of the state's economy and generate $1.1 billion in tax revenue annually for the state, the study found.

The economic benefits of SC Ports can be felt throughout the state, and particularly in the Upstate, which sees 52% of the Port's statewide economic impact, followed by the Midlands at 25%, the Lowcountry at 12% and the Pee Dee at 11%.

"SC Ports is a tremendous asset for the state," SCPA Board Chairman Bill Stern said. "Its role of moving cargo between South Carolina and global markets leads to job creation and industry recruitment. Many of our state's biggest economic development wins would not have come to fruition without the Port. We are deeply proud of the growth SC Ports brings to the state and the impact it makes on South Carolinians."

SC Ports has doubled its cargo volume over the past decade; much of that growth stems from an increase in imports and exports tied to South Carolina's boom in advanced manufacturing.

Advanced manufacturing employment doubled between 2010 and 2018, and SC Ports cargo volumes doubled between 2009 and 2018, signifying that there has been a virtual one-to-one relationship between the growth rate of the state's manufacturing sector and SCPA activity, data show.

"SC Ports's rapid expansion over the past decade occurred in part by facilitating the advanced manufacturing boom," Von Nessen said. "SC Ports supports businesses and manufacturers as they invest in South Carolina. This ultimately leads to new jobs and higher wages, as well as disposable income being spent in communities and the recruitment of suppliers -- all of which propels S.C.'s economy forward."

Buoyed by the cargo growth over the past decade, SC Ports now looks to further diversify its cargo base, particularly with retailers and distribution centers.

SCPA will also complete major infrastructure projects by the end of 2021 -- upgrading infrastructure and equipment at Wando Welch Terminal, building the new Hugh K. Leatherman Terminal in North Charleston and deepening Charleston Harbor to 52 feet.

"The dedication and expertise exhibited by SC Ports and the entire maritime community ensures we are the preferred U.S. port for customers, and our investment in critical infrastructure ensures we remain globally competitive and capable of handling large, cargo-laden ships," SC Ports President and CEO Jim Newsome said. "Over the past 10 years as CEO, I have seen the Port grow significantly. This growth enables SC Ports to make a positive, lasting impact on our state's economy and on South Carolinians."

Read the full study here.

About South Carolina Ports Authority
South Carolina Ports Authority (SCPA), established by the state's General Assembly in 1942, owns and operates public seaport and intermodal facilities in Charleston, Dillon, Georgetown and Greer. As an economic development engine for the state, Port operations facilitate 225,000 statewide jobs and generate nearly $63.4 billion annual economic activity. SCPA is soon to be home to the deepest harbor on the U.S. East Coast at 52 feet, and the Port is an industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. For more information on SCPA, please visit www.scspa.com.

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