Port of Virginia Sets TEU Records for June, Fiscal Year
The Port of Virginia set records for handling containerized freight, both for June and during a fiscal year, the Norfolk-based organization said July 11.
The total for 20-foot-equivalent units was 231,675 in June, up 6.9% over the 216,672 handled during the same month in 2016.
For the 12 months ended June 30, Virginia ports processed 2.76 million TEUs, a 7.3% increase over the 2.57 million handled in fiscal 2016.
Total TEUs includes imports and exports, loaded containers and empties.
“We grew in the right areas, we moved a record amount of volume across all modes of transportation: train, barge and truck — and did so safely — and we continue to improve our service levels,” Virginia Port Authority CEO John Reinhart said. The $670 million we are investing to expand the capabilities and capacity at the Port of Virginia are aimed at sustaining this trend into the next several decades.”
Port of Virginia is the seventh-largest container port in North America, and the third largest on the U.S. East Coast, according to 2016 statistics from the American Association of Port Authorities.
