South Carolina Ports Authority Records 9% Drop in Cargo Volumes for August

Trade & Border IssuesHot Spots
Written By Jennifer Joslyn

🛳 South Carolina Ports Authority Records 9% Drop in Cargo Volumes for August.

The South Carolina Ports Authority reported a 9% year-on-year decline in cargo volumes for August, totaling 203,169 TEUs. This decrease is attributed to expectations of a slower peak season in the U.S. port industry, driven by reduced consumer demand and a more cautious domestic economy. Nevertheless, the Port of Charleston experienced a surge in its vehicle segment, recording a 9% year-over-year increase with 17,876 vehicles handled in August.

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Jennifer Joslyn
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