Virginia Port Authority

Port of Virginia sets all-time record for July

The Port of Virginia had its best July on record, with the Norfolk-headquartered complex handling more than 293,000 twenty-foot equivalent units, a nearly 33% increase year-over-year.

July’s volume was also the second-highest for 2021. The highest occurred in May, when the port handled 315,000 TEUs. The port has been handling more than 282,000 TEUs per month on average in 2021.

Loaded container volumes grew for both imports and exports. Loaded export TEUs rose 18.2% to 81,086, while loaded import...

https://www.freightwaves.com/news/port-of-virginia-sets-all-time-record-for-july

Loaded imports, empty exports boost Port of Virginia’s FY 2021 volumes

A photograph of containers at the Port of Virginia.

An increase in loaded imports, along with volume growth for empty export boxes, contributed to the Port of Virginia achieving record cargo volumes for its fiscal year 2021, which ran from July 1, 2020, through June 30.

The port handled a record 3.2 million twenty-foot equivalent units in FY 2021, a 16.8% increase from FY 2020. The port complex, located in Norfolk, also handled nearly 1.8 million containers, a 15.6% gain from a year ago.

Loaded import TEUs rose 18.6% to 1.5 million TEUs in FY 21...

https://www.freightwaves.com/news/loaded-imports-empty-exports-boost-port-of-virginias-fy-2021-volumes

Biden budget pumps $84 million into Virginia port deepening

The deepening and widening of Norfolk Harbor at the Port of Virginia was for the first time included in a federal budget with $83.7 million that will help ensure the project remains on course for completion in 2024.

The project funding from the U.S. Army Corps of Engineers was part of President Joe Biden’s 2022 budget proposal released on Friday. The $350 million project will deepen the port’s channels to 55 feet and widen the channels to allow two-way traffic for ultra-large container ships and...

https://www.freightwaves.com/news/biden-budget-pumps-84-million-into-virginia-port-deepening

FreightWaves Classics: The Port of Virginia – America’s first port

The Port of Virginia berths a container ship. (Photo: Port of Virginia)

The Port of Norfolk is located on the banks of the Elizabeth River at the mouth of the Chesapeake Bay. It is part of an urban area that also contains Portsmouth, Chesapeake, Virginia Beach, Hampton Roads, Newport News and Hampton. Collectively, this region is called Hampton Roads and elements of the Port of Virginia are located in the region.

Overview

The surrounding waterways, its location at the mouth of the Chesapeake Bay and its protected deep-water channels make the Port of Virginia an...

https://www.freightwaves.com/news/freightwaves-classics-the-port-of-virginia-americas-first-port

Career Tracks: TraPac CEO tapped to lead Port of Virginia

Stephen Edwards has been named the next leader of The Port of Virginia. He will succeed John Reinhart, who for the past seven years has led the Virginia Port Authority (VPA) as CEO and executive director.

Edwards currently is the president and CEO of TraPac LLC, which operates container terminals in Los Angeles and Oakland, California, and Jacksonville, Florida. His tenure with the VPA begins Jan. 19.

“Under John Reinhart’s leadership, The Port of Virginia has put all of the pieces in place for...

https://www.freightwaves.com/news/career-tracks-trapac-ceo-tapped-to-lead-port-of-virginia

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