VERGINIA: The Virginia Port Authority, which operates terminals in Portsmouth, Newport News and Norfolk, reported Thursday that 225,988 standard 20-foot containers, or TEUs, moved through the port last month.
Cargo counts at the Port of Virginia are off to a strong start, as the Virginia Port Authority begins its new fiscal year. The Virginia Port Authority, which operates terminals in Portsmouth, Newport News and Norfolk, reported Thursday that 225,988 standard 20-foot containers, or TEUs, moved through the port last month. That’s an 8.8 percent increase from 207,771 container units posted in July 2014.
For the calendar year, the port’s TEU volume is 1.47 million, which is 10 percent ahead of the same period last year, and the fifth consecutive month TEU volume exceeded 210,000 units.
“We started fiscal year 2016 with the highest volumes for TEUs, total containers and total rail containers for the month of July in the port’s history,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority in a news statement. “At our terminals, we are beginning to process the volumes associated with the coming retail season and we anticipate this trend continuing through November.”
Of the 226,000 containers posted at the port last month, 43,491 were moved by rail. That’s a 15 percent increase over 37,807 containers moved by rail in July 2014. Containers moved by trucks increased 6.3 percent to 82,090 over 77,247 in July 2014, according to the report. Large cargo declined. A total of 4,565 containers were moved by barge last month, down 4.6 percent from the 4,787 containers moved by barge during July 2014.
