Sunday, December 7, 2008

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Charleston's port flounders while container business sinks

Charleston is not the only port experiencing a downturn in container business. A New York Times article last week profiled Savannah's flat-lined container business. A front page Los Angeles Times article last weekend documented sudden and deep business drops at West Coast ports. Charleston's port misery received special national attention. A Nov. 25 Wall Street Journal article sketched our port as wallowing in a state of dread and suffering: "The impact in Charleston ... has been greater than almost anywhere else. As recently as 2005, Charleston handled 12.6 million metric tons of containerized freight, more than any other port except Los Angeles, Long Beach and the combined New York/New Jersey port complex.

In choppy economy, boat owners abandon ship

Unlike cars, wooden and fiberglass boats have virtually no scrap value. So rather than pay the high cost of hauling their boats to the dump, people ditch them or sell them for as little as $1 to anyone who will take them.

Analysis: The risks of falling prices

At first blush, deflation doesn’t seem so bad. The concern focuses on the possibility of a downward spiral.

More call center work done at home

Home agents often start at $8-to-$10 an hour, earning more depending on the skill and knowledge required for specific clients. Besides gas, home-based operators save on car maintenance and the cost of keeping up an office wardrobe.

CAR SHOW CALENDAR

Today The 4th annual Christmas Prelude Festival and Car Show will be in Holly Hill. Car show entrants line up to follow at the end of the Christmas parade at 10 a.m. Cars judged and trophies awarded at 3 p.m. There will be crafts show, music show, children’s entertainment and a Wild West Show. Car show entry fee is $15. Contact (803) 496-3330 for more information. Today-Sunday Cripple Dog Hot Rods will present the 2nd annual “Carolina Open Car Classic & Hot Rod Run” at Boone Hall Plantation in Mount Pleasant.










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