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Port of Virginia Volumes Up for FY, January; RMT Handles Nearly 1,300 Containers
[ February 20, 2016 // Gary G Burrows ]The Port of Virginia reports that for the seven months of its fiscal year 2016, the volume of TEUS increased nearly 3%. The strongest segment of growth was rail cargo, which is up 6.5% when compared with last fiscal year.
In January, the port handled 192,844 TEUs, growth of .4% (848 units), compared with January 2015. Truck volume was up 1.2% and ship calls were up 1.8%.
“Though modest, our volumes in January were the best on record for that month,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “We continue to track according to our forecast and it is our expectation that volumes for the balance of the winter and into the spring will be relatively flat.
The Port is using these slower periods to refine its operation without causing disruptions in service to users, partners and stakeholders.
The fiscal-year-to-date comparisons are showing positive growth in almost all categories.
Richmond Marine Terminal traffic had its best January on record and is posting volume growth on fiscal-year-to-date basis. In January, RMT processed 1,295 containers, an increase 45% when compared with January 2015 and on a fiscal-year basis, RMT container volume is up nearly 13%.
Tags: Port of Virginia