Virginia port's March down 5.4pc to 240,000 TEU, Lunar New Year blamed
THE Port of Virginia container volume in March declined 5
THE Port of Virginia container volume in March declined 5.4 per cent year on year to 240,035 TEU, making is the second busiest March in the port's history.
The volume dip came as the result of five blank sailings that were a result of the Chinese New Year and four vessels that arrived late, said Virginia Port Authority CEO John Reinhart.
The port's inland operations, Virginia Inland Port (VIP) in Front Royal and Richmond Marine Terminal (RMT) performed well: VIP volume was up 10.5 per cent, or 285 containers, and RMT barge volume was up 7.3 per cent, or 187 containers.
Total barge volume was up nearly 37 per cent or 1,334 containers. Truck volume was off nearly 10 per cent and rail volume was flat.
'Our new capacity gives us the leverage we need to go out and start aggressively marketing the Port of Virginia again,' said Mr Reinhart. 'We are showcasing our new assets and capabilities to cargo owners and ocean carriers.'