The ports of Seattle and Tacoma saw year-over-year drops in container volumes in January, while the Port of Virginia recorded a 5.4 percent gain...
Port of Virginia
Established in 1952, the Virginia Port Authority owns and is responsible for the operations of the Port of Virginia — three marine terminals: Norfolk International Terminals, Portsmouth Marine Terminal and Newport News Marine Terminal, as well as the Virginia Inland Port, an inland intermodal facility located in Front Royal. Subsidiary Virginia International Terminals was incorporated in 1981 to operate the terminals owned by VPA.
Virginia’s ports came in No. 6 in JOC’s ranking of the Top 25 North American container ports for 2012, with a market share of 4.3 percent, as they benefited from double-digit growth in container volumes. The Port of Virginia hopes to benefit from its ability to handle post-Panamax vessels — one of just two ports on the U.S. East Coast that can do so at present.
VPA and VIT are in the midst of a restructuring after the VPA’s board of commissioners rejected proposals to privatize operations at its container terminals. Development is also continuing apace, with a new container terminal at Craney Island, near Portsmouth, under construction.
In a recent video, JOC Associate Editor Mark Szakonyi discusses what the Port of Virginia is doing to enhance its competitive position:
24 Feb 2014
Port drayage operators in Virginia are complaining about congestion and slow turn times at at Hampton Roads container terminals.
21 Feb 2014
Some port drayage companies in the Port of New York and New Jersey have begun imposing congestion surcharges following weeks of delays at container terminals.
19 Feb 2014
The Port of Virginia is forming an industry task force to find solutions to problems that have caused delays at Hampton Roads container terminals during recent weeks.
11 Feb 2014
John F. Reinhart has started his tenure as CEO and executive director of the Virginia Port Authority.
03 Feb 2014
Prospects for East Coast ports are brightening, especially on the export side, as the global economic recovery fuels demand for everything from automobiles to grain and forest products. But a number of variables could disrupt the ports’ projections, on the upside and the downside.
29 Jan 2014
The Port of Mobile, Ala., will remain closed today, but several other marine terminals planned to resume normal service after closing yesterday because of an ice storm that hit southern states from Virginia to Texas.
24 Jan 2014
Container terminals in the ports of New York-New Jersey and Virginia keep truck gates open this weekend to tackle cargo backlogs that developed over the holidays and have worsened with this month’s cold weather.
22 Jan 2014
The Port of Virginia handled a record 2.22 million TEUs in the full year of 2013, resulting from increased import and export volumes...
11 Dec 2013
To the extent the ports of Virginia and New York-New Jersey view each other as competitors — and they surely do — 2013 will show Virginia in the win column.
18 Nov 2013
The Port of Virginia handled 206,597 TEUs in October, jumping 17.8 percent year-over-year and surpassing the single-month record for TEUs that was just set in July...
31 Oct 2013
The Port of Virginia’s long search for a new executive director and chief executive officer came to an end today with the appointment of John Reinhart to that position.
