Port of Virginia container volume down to 220,376 TEU in February 2017
The Port of Virginia moved 220,376 twenty-foot equivalent units (TEUs) in February, 351 TEUs lower than February 2016, but placing its fiscal-year-to-date growth at 6.9 percent, the company said in its press release.
The continued growth comes as the port has started the engineering and survey work on its capacity expansion plan at Virginia International Gateway (VIG); work at Norfolk International Terminals will begin this summer. These projects are the focus of the port’s plan to expand annual throughput capacity by 40 percent – 1 million containers – in three years.