The Port of Virginia’s record container volume in May was accompanied by a $4.5 million operating profit, the port’s best monthly financial performance in its 2015 fiscal year, which ends June 30.
Norfolk Southern opens transfer terminal in Chesapeake to serve shippers of dry and liquid bulk commodities
25 Aug 2014
APM Terminals has completed the sale of its semi-automated terminal at Portsmouth, Virginia, to an investment group that will continue to lease the facility to the Virginia Port Authority.
21 Aug 2014
The Virginia Port Authority today said it’s on its way to profitability after kicking off its new fiscal year with a “solid start,” following a loss in the previous fiscal year.
19 Aug 2014
The Port of Virginia's operating loss expanded to more than $17 million for the fiscal year that ended June 30.
14 Aug 2014
The top four ports on the U.S. East Coast saw delays in both arrivals and berth times in June, partially because of a surge in traffic from cargo diversions to East Coast during peak season.
22 Jul 2014
An infrastructure investment group and a British pension fund have agreed to acquire APM Terminals’ semi-automated container terminal at the Port of Virginia for an undisclosed price.
11 Jul 2014
Container volume through the Port of Virginia rose 6.5 percent as the port handled more than 2.3 million 20-foot-equivalent units, a new record, during its just-ended fiscal year.