The Port of Virginia moves 475,000 TEUs in two months
With peak season nearing its close, The Port of Virginia in November handled 236,155 TEUs (twenty-foot equivalent units), making it the second-busiest month in the port’s history, the company said in its press release.
In comparison with last November, TEU volumes are up 16 percent; rail units, up 35 percent; truck volume, up 8 percent; Virginia Inland Port volume, up 3 percent; and Richmond Marine Terminal (RMT) volume, up 20 percent.
“November was a strong month and we experienced solid growth in import and export volumes, which were up 17 percent and 15 percent (respectively); our peak-season volumes will begin tapering off in December, which is normal,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “We were in positive territory in many categories, but one exception is vessel calls and this is in keeping with the era of fewer calls, but larger vessels and corresponding cargo volumes.”
November marks the tenth consecutive month in 2016 of TEU volumes exceeding 210,000 units.
Year-to-date, the port’s TEU volume is up 3 percent; rail units up 14 percent; VIP volume up 3 percent; and RMT volume, up 30 percent. The import volume has grown by 5 percent and exports are up 2 percent.