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Port of Virginia handles 240,000 TEUs in March

April 15, 2019 / ajot

The Port of Virginia® in March processed 240,035 TEUs (twenty-foot equivalent units) in March, making is the second busiest March in the port’s history.Though cargo was off nearly 5 percent compared with last March, the port is handling near-peak season volume, says John F. Reinhart, the CEO and executive director of the Virginia Port Authority. The average monthly volume in 2018 was 238,000 TEUs. The volume dip came as the result of five blank sailings that were a result of the Chinese New Year and four vessels that arrived late.The port’s inland operations, Virginia Inland Port (VIP) in Front Royal and Richmond Marine Terminal (RMT) performed well: VIP volume was up 10.5 percent, or 285 containers, and RMT barge volume was up 7.3 percent, or 187 containers. Total barge volume was up nearly 37 percent or 1,334 containers. Truck volume was off nearly 10 percent and rail volume was flat.