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Port of Virginia Posts Busiest May as Fiscal YTD Volume Up

Logistic News - Published on Thu, 11 Jul 2019

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Record cargo volumes are moving across The Port of Virginia and doing so with efficiency as a result of expanded container handling capacity at its two primary container terminals. In May, the port processed nearly 261,000 TEUs making it the busiest May in the port’s history. The month’s strong cargo volumes were a follow-up to the best April in the port’s history, when nearly 246,000 TEUs were processed.

Mr John F Reinhart, the CEO and executive director of the Virginia Port Authority, said that “We have moved more than a half-million TEUs in two months and are providing a very high level of service and efficiency to the ocean carriers and cargo owners. Virginia International Gateway is fully-functional. The additional gates, expanded stack-yard, new berth and ship-to-shore cranes and technology overlay are all working in concert to provide increased productivity. We are working through punch-list items toward final acceptance and looking forward to a July ribbon-cutting ceremony. We’ve built a world-class facility and the team behind it continues to fine-tune the operation to drive optimal performance. As move into the thick of peak season we are ready to meet the needs of our customers.”

May saw increases across almost all phases of the operation. Container tonnage was up more than 5 percent; total rail volume up more than 4 percent; total barge volume up more than 5 percent; volume at Richmond Marine Terminal up nearly 12 percent; and truck volume was up almost 11 percent.

May Cargo Snapshot
Total TEUs – 260,894, up 10.1%
Loaded Export TEUs – 88,065, up 3.4%
Loaded Import TEUs – 119,592, up 10.1%
Total Containers – 146,018, up 8.3%
Total Rail Containers – 49,775, up 4.4%
Total Truck Containers – 91,802, up 10.7%
Total Barge Containers – 4,441, up 5.2%
Richmond Barge Containers – 2,752, up 11.6%

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Posted By : Mohan Sharma on Thu, 11 Jul 2019
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