Virginia Port Authority

Port of Virginia completes US$83 million rail yard expansion

Virginia Port’s newly expanded central rail yard is now fully operational, marking the successful completion of a project that enhances the port’s rail capacity to 2 million TEUs annually.

According to Stephen A. Edwards, CEO and Executive Director of the Virginia Port Authority, who spoke at the inauguration ceremony, this expansion improves the port’s connectivity to key Midwestern population and manufacturing hubs via rail.

“Modernizing and expanding the capability at NIT’s [Norfolk...

https://container-news.com/port-of-virginia-completes-us83-million-rail-yard-expansion/

Port of Virginia expansion boosts ultralarge container vessel capacity

The Port of Virginia recently completed a project to widen its ship channel to allow better access for the world’s largest container ships.

The port’s shipping channel is now up to 1,400 feet wide in some areas, allowing simultaneous two-way traffic of ultralarge container vessels (ULCVs) traveling through Norfolk Harbor, officials said. 

“Before the channel was widened, the Coast Guard would have to put restrictions on the channel for vessels to pass. When ULCVs are on their way in or out, it...

https://www.freightwaves.com/news/port-of-virginia-expansion-boosts-ultralarge-container-vessel-capacity

Virginia prevails over Georgia and North Carolina for FreezPak Logistics new cold storage facility

Governor of Virginia, US, Glenn Youngkin announced that FreezPak Logistics, a provider of full-service cold and dry storage services, is investing US$77.5 million to construct a 23,000m² cold storage facility in the City of Suffolk to serve the Mid-Atlantic region via the Virginia port.

According to a statement, Virginia competed with Georgia and North Carolina for this project, which is expected to create 80 new jobs.

“FreezPak’s decision to locate in the City of Suffolk demonstrates that...

https://container-news.com/virginia-prevails-over-georgia-and-north-carolina-for-freezpak-logistics-new-cold-storage-facility/

Katoen Natie to invest $60M at Norfolk plastic resin export facilities

Belgium-headquartered Katoen Natie plans to spend $59.9 million to expand warehousing and rail facilities in Norfolk, Virginia, to support the growing export market for plastic resins.

Subsidiary Katoen Natie Norfolk will oversee the project, which includes the addition of a 450,000-square-foot warehouse and a rail yard, as well as an expansion of the existing rail spur.

The current facility, which is near the Port of Virginia and has access to both CSX (NASDAQ: CSX) and Norfolk Southern (NYSE:...

https://www.freightwaves.com/news/katoen-natie-to-invest-60m-at-norfolk-plastic-resin-export-facilities

Rail Roundup: Port of Virginia to invest $18M to upgrade facilities

Port of Virginia to invest more than $18M at Virginia Inland Port and Richmond Marine Terminal

The Port of Virginia is planning to invest more than $18 million to expand capacity at the Virginia Inland Port (VIP) near Front Royal and the Richmond Marine Terminal (RMT).

At VIP, the Port of Virginia has plans to expand and reconfigure the terminal’s rail operation and the container stack yard through building three new rail sidings and installing backbone infrastructure for technology, the port...

https://www.freightwaves.com/news/rail-roundup-port-of-virginia-to-invest-18m-to-upgrade-facilities

Port of Virginia eyes completion of channel deepening this year

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The Port of Virginia said it is on its way to having the deepest channels on the East Coast,...

https://www.freightwaves.com/news/port-of-virginia-eyes-completion-of-channel-deepening-this-year

Port of Virginia sees record volumes in 2022

Count the Port of Virginia as another East Coast port that saw record volumes in 2022.

The port, located in Norfolk, processed more than 3.7 million twenty-foot equivalent units last calendar year, a record for the port as well as a 5.1% increase compared with 2021.

The year-over-year growth came as other East Coast ports, such as the Port of Savannah in Georgia, also experienced record volumes for 2022. Traffic grew at East and Gulf Coast ports in 2022 amid labor-related concerns at the West...

https://www.freightwaves.com/news/port-of-virginia-sees-record-volumes-in-2022

Volumes at Virginia, South Carolina ports reflect East Coast challenges, opportunities

The East Coast ports have been facing higher volumes as shippers seek to avoid congestion at the West Coast ports. That increased activity has resulted in volume growth at some ports — and processing backups at others.

‘Most productive July’ at Port of Virginia

July was a record month at the Port of Virginia, with the Norfolk complex handling nearly 318,000 twenty-foot equivalent units, a 8.4% gain over July 2021. 

Last month was “the most productive July in the port’s history,” and it was the...

https://www.freightwaves.com/news/volumes-at-virginia-south-carolina-ports-reflect-east-coast-challenges-opportunities

Port of Virginia boasts record volumes in 2022

The Port of Virginia experienced record volumes for fiscal year 2022, boosted by consumer activity and shippers’ desire to avoid congestion at West Coast ports. 

At the Norfolk port, 2022 volumes came in at a record 3.7 million twenty-foot equivalent units, up 14.7% from fiscal year 2021. The port’s fiscal year runs from July 1 to June 30.

June’s volumes of 317,742 TEUs also eclipsed a monthly record at nearly 13% higher than June 2021. June marked the fourth consecutive month for the port to see...

https://www.freightwaves.com/news/port-of-virginia-boasts-record-volumes-in-2022

Norfolk Southern connecting East, West coasts with expedited intermodal service

A Norfolk Southern locomotive pulls a train with intermodal containers through a clearing of trees.

Norfolk Southern’s new initiative to provide expedited service between the East and West coasts with three partners — ocean carrier Hapag-Lloyd, western U.S. Class I counterpart Union Pacific and the Port of Virginia — suggests the four parties are seeking opportunities to maximize recent capital investments while also addressing ongoing congestion.

NS (NYSE: NSC) said the partnership, named OceaNS Bridge Express, will provide shippers a new option to reach West Coast markets. The service will...

https://www.freightwaves.com/news/norfolk-southern-connecting-east-west-coasts-with-expedited-intermodal-service

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