Port of Virginia handle record 246,871 TEU in May, up 12.5%
The Port of Virginia set a new productivity record in May by moving 246,871 Twenty Foot Equivalent Unit (TEU), increase of 12.5% compared to May 2016.
Virginia Port Authority CEO and executive director John Reinhart said that "May marks our highest monthly volume at the port, surpassing the previous record set last October by 5% and with the fiscal year drawing to a close (at the end of June), we are up more than 7%.”
May cargo numbers at the port include 85,824 TEU of loaded exports, up 6% from May 2016; 100,594 TEU of loaded imports, a 9% jump; 141,218 total containers, which was up 13%; 46,840 rail containers, a 3% increase; 4,084 barge containers, up 49%; and 90,294 truck containers, an increase of 18%.
Reinhart said, "The new alliances and the cargo owners are capitalising on Virginia's natural and man-made assets and our team is performing well.”
"This kind of volume, combined with the growth we've had throughout the calendar and fiscal year, tells us that the industry is confident in the port of Virginia's ability to handle their cargo."
The Port of Virginia is the top US east coast port for deployed capacity for Asia-US east coast alliance services, with seven services deploying 61,000 TEU each week.
According to Virginia Port Authority data, the number of vessel calls is decreasing due to vessels increasing in cargo capacity. In May, there were 143 vessel calls compared to 173 calls in May 2016, yet cargo surged 12%.
Tag Keyword: Port of Virginia , Cargo , Export-Import , Vessels