18-03-2016

Virginia Ports February volume 23.9pc to 220,726 TEU after 3 month lull

Virginia

THE Port of Virginia's terminals increased February throughput 23.9 per cent year on year 220,726 TEU after a three month lull, reports the Virginian Pilot.

In January, the port had a 0.4 per cent increase in container volume, after 2.5 per cent drop in November and three per cent decline in December,

"Last February's volumes were affected by several snowstorms, but it is important to note that the strength of our increase was far greater than the impact of last year's weather," said Virginia Port Authority CEO John Reinhart.

Rail container volume at the port surged last month, up nearly 51 per cent year on year. Truck container volume increased 12.1 per cent.

Barge container volume fell 11.4 per cent, and break-bulk tonnage - noncontainerised cargo packed in or on bales, drums, crates or pallets - declined 48 per cent.



Last year, 64 per cent of the authority's cargo moved by truck, 33 per cent by rail and three per cent by barge.

Said Mr Reinhart: "While we handled a significant amount of volume, we did experience some deterioration of service levels at Virginia International Gateway that created a challenge for our motor carriers: corrective measures are being taken and implemented."

From July through February, the first eight months of the 2016 fiscal year, TEU volume was up 5.1 per cent from the same period a year ago; rail-container volume rose 11 per cent; and truck-container volume was up 1.8 per cent.

Source: Schednet

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