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Charleston Cuts Rates

Charleston Cuts Rates

From January 1 to March 31, 2009 the SCSPA’s designated mid-winter rate roll back will reduce contract unit fees for container carrier customers by 5%.

“Our carrier customers are facing some very challenging market conditions,” said Bernard Groseclose Jr., SCSPA’s president and CEO. “We heard from them and we’re responding. This sends a clear signal that we are serious about their business today and in the future.”

The SCSPA’s action is aimed at maintaining the viability of current service levels from its carrier clients and avoiding cuts that would hit the local maritime industry and jobs. In addition, it is hoped that the rate reduction will be attractive to customers who may wish to concentrate business in Charleston.

“We understand the pressures on our clients and this rate roll-back will make our Charleston operation even more affordable at a time when our customers could use a break,” said Groseclose

Through the first five months of the current fiscal year (July-November), Charleston’s container business was off 4% down on the same period last year.