Virginia port’s upward trend in box volumes continues

Loaded imports were the main factor of this volume uptrend, completing 152,197TEU and an increase of 26% compared to last September, the month when the port began seeing a considerable rebound in its volumes from the Covid period. In the meantime, exports also grew by almost 7%, surpassing 80,690TEU.

"Last September is when volumes began coming back and since then we have posted growth each month" highlighted the CEO and executive director of the Virginia Port Authority, Stephen A. Edwards, who went on to note that "the growth is not artificial and the movement of loaded and empty containers is up for both exports and imports."

Furthermore, Edwards attributed this container traffic growth to smooth port operations. "There is no congestion here and ocean carriers and cargo owners are taking notice of our track record and what we are doing to ensure consistency in our operation," he said.

Additionally, the port in the US East Coast moved 53,405 rail containers, 110,452 boxes via trucks, and 7,141 boxes through barges, representing a year on year increase of 21.6%, 25.2% and 9.4%, respectively.

From January until September, the seventh-busiest port in the country has handled 2.58 million TEU, which represents a 30% growth over the corresponding period of 2020.

Edwards is not expecting a slowdown in volumes before the year’s end. "We may see a dip as the retail season comes to its end, but this is normal and any fall-off in volumes will be small. Looking into 2022, we see nothing that leads us to believe that there is going to be a drop in volumes," he commented.

Source: Container News