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- January 13, 2017 /
- by Beth Peterson /
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The Port of Virginia® set a new annual record for container cargo volume having handled more than 2.65 million twenty-foot equivalent units, or TEUs, a 4.2 percent increase over last year’s total.
In 2016, import and export volumes were up 6 percent and 2.6 percent, respectively, over the prior year. The port saw increases in TEUs, rail volume and total volume at Virginia Inland Port, the port’s growing intermodal ramp located in Front Royal. Further, Richmond Marine Terminal (RMT) had its most productive year since The Port of Virginia began leasing the facility in 2010.
“In 2016, we moved 106,000 more TEUs than we did in 2015, which until now, was our highest volume year on record,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “The growth is significant – 8,800 TEUs a month, on average – and we have responded with improved throughput in all facets of the operation, especially rail, where volume was 551,496 containers, an increase of 14 percent when compared with 2015. This record rail result placed The Port of Virginia as the highest rail-volume port on the East Coast, truly solidifying our position as the Mid-Atlantic’s global gateway.”