8.9 C
Wednesday, April 1, 2020
cargo integrity campaign lashing in the spotlight
Home Port News Port of Virginia marks a month-record

Port of Virginia marks a month-record

The Port of Virginia set a new record in October, handling more than 270,000 TEUs, or 20-foot equivalent units. That total is more than 5,000 units above the port’s previous record.

The growth was driven by a 2 percent increase in loaded imports and a 14.5 percent increase in empty export containers. The port is trying to decrease its empty container inventory to improve efficiency and better focus on moving loaded containers.

The growth created congestion at the gate’s terminals, however. The Port of Virginia is undergoing expansion projects totaling nearly $700 million at its two largest terminals at the same time.

“The record volume, especially during construction, put a significant amount of pressure on the gates, and there were some trying moments last month for motor carriers,” John Reinhart, CEO and executive director of the Virginia Port Authority, said in a statement. “We are taking steps to create greater flexibility in our gate hours and add more chassis to the pool to build fluidity.”

Read more on Virginia Business.

- Advertisment -your ad here

Latest Posts

Evergreen orders nearly 12,000 new containers from CIMC

Evergreen Marine Corporation is ordering 11,500 X 20-foot containers from China International Marine Containers (CIMC) for US$37.13 million. The Taiwanese mainline operator did not disclose...

Hapag-Lloyd adjusts GRI from Canada to East Asia

Hapag-Lloyd has adjusted the announced General Rate Increase (GRI) ex Canada only to East Asia destinations to US$100/TEU. This increase will be applicable for...

MSC announces new Gdynia rates

MSC Mediterranean Shipping Company S.A. has announced the following freight rates as from 16 April 2020 until further notice but not beyond 16 May...

Korean logistics firm selects CyberLogitec solution

Korean freight company, CJ Logistics, has signed a contract to deploy OPUS Logistics, provided by CyberLogitec, maritime, port/terminal and logistics operations software, throughout their...

MABUX bunker index – 31 March

China will grant export quotas for refined oil products to non-state refineries in the Zhejiang pilot free trade zone, the state council said in...