State ports improve revenues, eye competitive advantages

12:00 pm
Wed March 27, 2013

State ports improve revenues, eye competitive advantages

Lead in text: 
Everyone knows that you can’t turn a ship on a dime. A steady hand on the helm, however, can bring it around. The financial status of the North Carolina ports, similarly, has taken time to improve, said the Ports Authority’s acting executive director Jeff Miles. Speaking at Tuesday evening’s meeting of the Cape Fear Economic Development Council, Miles said he expected the N.C. Ports Authority to end its current fiscal year June 30 with a $2 million balance – a big contrast to the ports’ $5.9 million loss at the end of FY 2010.
  • Source: Wilmingtonbiz
  • | Via: Greater Wilmington Business Journal
March 27, 2013 By Jenny Callison Everyone knows that you can't turn a ship on a dime. A steady hand on the helm, however, can bring it around. The financial status of the North Carolina ports, similarly, has taken time to improve, said the Ports Authority's acting executive director Jeff Miles.