Employees studies | Current investments so as to add a berth, enhance cargo capability and deepen Charleston harbor present important alternatives for the Port of Charleston, stated Jim Newsome, the president and CEO of the S.C. Ports Authority who introduced his retirement throughout an annual report card final week concerning the company.
“The numerous challenges within the international provide chain current a possibility for cargo homeowners to diversify the port gateways they use to maneuver items,” Newsome stated in a information launch. “S.C. Ports has the berth availability, cargo capability and fluidity to deal with the document cargo volumes and unprecedented quantity of retail imports flowing into the Port of Charleston.”
Newsome has led an unprecedented port growth since he joined the company about 13 years in the past. The $1 billion Part One in every of Hugh Ok. Leatherman Terminal opened in March 2021, marking the primary container terminal to open within the U.S. in additional than a decade and the one new container terminal capability deliberate within the U.S. till 2030.
Barbara Melvin, who at present serves as Newsome’s second-in-command, will take over port operations on July 1. She would be the first feminine chief of a serious U.S. port and reportedly will earn a $500,000 annual wage.
Newsome stated shifts in client spending towards retail and residential items throughout the pandemic spurred a increase in retail imports coming into the U.S. That led to S.C. Ports reaching a document fiscal 12 months 2021 and a document first quarter of fiscal 12 months 2022 for containers dealt with.
“Capability is the brand new port forex, and SC Ports has the proper capability on the proper time to fulfill retailers’ must hold freight shifting,” Newsome stated. “We now have invested greater than $2 billion in recent times to boost current infrastructure and open a brand new container terminal.”
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