AJOT Digital Edition | Issue #577

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Northeast Ports

Export-Import Bank

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2014 Media Kit

Cargo continues to flow in April at the Port of Virginia

Author: AJOT | May 14 2013 at 08:00 PM | Category: Ports & Terminals  

Cargo volumes at The Port of Virginia continued their climb as the number of TEUs handled in April grew 5.7 percent when compared with the same month last year.

In April, the port handled 179,370 TEUs, an increase of 9,726 units when compared with April 2012. Export TEUs tallied 96,261 and import TEUs were 83,109, an increase of 6.1 and 5.3 percent, respectively.

“Our year-to-date TEU volume is up 6.1 percent, a difference of nearly 40,000 TEUs,” said Rodney W. Oliver, the Virginia Port Authority’s interim executive director. “Our rail containers in April were up 16.4 percent when compared with last April and on a year-to-date level, rail is more than 14 percent ahead of where it was at this time last year. Customers are taking advantage of our strong rail connections and our first-in and last-out vessel calls.”

Also in April:

  • April was the sixth consecutive month of double-digit rail growth at the Port of Virginia; the average increase for the six-month period is 19.6 percent.
  • Combined, the first for months of 2013 represent the second best start to a calendar year for TEUs in the history of the port. The TEU volume handled in that period was just 10,518 units short of 2008’s record-setting mark of 697,562 TEUs.
  • On a fiscal year level (July-April) this is the second best start to a fiscal year for TEUs in the history of the Port of Virginia. The total amount of TEUs handled in that period was just 7,744 units short of fiscal-year-to-date’s 2008’s record of 1,805,948 TEUs.

Calendar year TEU totals, 2013 vs. 2012:

  • April 2013 = 179,370
  • April 2012 = 169,644
  • March 2013 = 179,518
  • March 2012 = 166,719
  • February 2013 = 169,390
  • February 2012 = 157,050
  • January 2013 = 158,766
  • January 2012 = 154,300