JOC Staff | Jan 23, 2013 9:56AM EST
The Virginia Port Authority has kicked off a corporate restructuring plan that aims to make the management system for the ports more efficient and cost effective, the Newport News, Va., Daily Press reports.
The new strategy seeks greater operational efficiencies, increased oversight and control of port operations and the ability to grow market share while decreasing operational costs.
An agency official said the reform idea predates private offers to buy the rights to run the state’s ocean terminals.
