Charleston Port Business Up But More Investment Needed
The Port of Charleston, SC has made a comeback in cargo and earnings since the Great Recession. Over the past five years, revenue is up 75%, pier containers are up 48% and earnings are up 357%. But our next guest says that if the port is to remain a top 10 container port in the United States, it needs to invest in better infrastructure for the massive ships of the future.
Mike Switzer interviews South Carolina State Ports Authority president and CEO, Jim Newsome, in Charleston, SC.