Tuesday, February 14, 2017

Port of Virginia: Record TEUs as terminal expansion begins

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Port of Virginia: Record TEUs as terminal expansion begins Wikipedia

The Port of Virginia set a record for monthly volume, 228,516 TEUs in January, an increase of 18.5% from the same month the previous year, and up 8% year-to-date.

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Record throughput comes as the port begins work on its three-year capacity expansion plan at Virginia International Gateway and Norfolk International Terminals.

“We have had 12 consecutive months of volume exceeding 210,000 TEUs, so we are seeing consistency and it is our belief that there will be additional growth in the coming months,” said John F. Reinhart, CEO and Executive Director of the Virginia Port Authority, in a statement. He added groundbreaking on the VIG expansion would take place in the next few days.

The port is served by CSX, Norfolk Southern, Norfolk & Portsmouth Belt Line Railroad Company and Commonwealth Railway.

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