Port of Virginia volumes up 2.2 percent in August 2017
The Port of Virginia experienced the most productive August in its history, moving 240,605 twenty-foot equivalent units (TEUs), a 2.2 percent increase when compared with the same month last year, the company said in its press release.
On a calendar-year basis, total TEU volumes are up 7.4 percent; containers up 7.7 percent; rail, up 4.7 percent; trucks, up 9 percent; and barge, up 26 percent.
Loaded Export TEUs – 75,430, down 11%
Loaded Import TEUs – 113,188, up 5.5%
Containers – 136,826, up 3%
Virginia Inland Port Containers – 3,241, down 10%
Truck Containers – 82,947, up 5%
Rail Containers – 50,029 down .7%
Total Barge Containers – 3,850, up 1.5%
Richmond Barge Containers – 1,887, up 16%
Newport News Marine Terminal Automobile Imports – 4,178, up 101%
The Virginia Port Authority (VPA) is a political subdivision of the Commonwealth of Virginia. The VPA owns and through its private operating subsidiary, Virginia International Terminals, LLC (VIT), operates four general cargo facilities Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal and the Virginia Inland Port in Warren County. The VPA leases Virginia International Gateway and Richmond Marine Terminal. In fiscal year 2013, The Port of Virginia provided more than 374,000 jobs and generated $60.3 billion in total economic impact throughout the Commonwealth.