THE US port of Virginia handled a record 270,538 TEU in October, representing a year-on-year increase of 1.9 per cent. The total is 5,000 units above the port's previous record.
Last month's growth was driven by a 2.1 per cent increase in loaded imports at 127,677 TEU and a 14.5 per cent increase in empty export containers. Loaded export containers declined by 4.8 per cent to 83,577 TEU.
The port is trying to reduce its empty container inventory to boost efficiency and focus on moving loaded containers.
The higher volume of containers led to congestion at the gate's terminals at a time when the port is expanding its two largest terminals simultaneously - these projects carry a total price tag of US$700 million, reported Virginia Business.
"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," Virginia Port Authority CEO John Reinhart said. "We are taking steps to create greater flexibility in our gate hours and add more chassis to the pool to build fluidity."
The port's breakbulk tonnage in October fell 23.8 per cent to 11,738 tonnes, and total rail containers decreased 5.2 per cent to 47,804.
Source: SchednetPrevious Next