MOUNT PLEASANT — With cargo volumes and revenue on the decline, the owner and operator of the Port of Charleston is looking to cut costs as a way to keep its budget on track.
The S.C. State Ports Authority on Tuesday reported a 4.6% drop in the number of cargo containers of all sizes moving through the port’s terminals in fiscal 2026, which ended June 30, compared to the previous 12-month period.
Financially, the authority saw revenues of about $401 million. That’s roughly 5% less than the authority had originally budgeted for at the beginning of the year…