September container volume near 2021 highs at Virginia Port

NS Virginia Harbor in Norfolk In September, the third month of 2021, more than 306,000 units worth 20 feet were processed, and the amount exceeded 300,000.

According to the Virginia Port Authority, September volumes increased 19% year-on-year, just below the 307,000 TEU processed in August. The highest total so far in 2021 occurred in May when the port processed 315,000 TEU.

In particular, loaded imports increased 26% year-on-year to over 152,000 TEU, and exports of empty containers increased nearly 23% to over 70,900 TEU.

According to the port, the increase in August and September was due to three shipping services, Maersk’s TP20, Hapag-Lloyd and CMACGM’s Indamex 2, and MSC’s Indus 2, making their first port call on the east coast of the United States. is.

Stephen A. Edwards, CEO and Managing Director of the Virginia Port Authority, said: “September last year was a time when sales began to recover and have recorded monthly growth ever since. The Virginia model is a liquid investment and an investment port that owns, leases and manages all assets. Allows us to respond quickly to the needs of our customers and cargo owners. “

Edwards goes on to say: “There is no congestion here, and we note that shipping companies and freight owners are doing so to ensure the consistency of our performance and our operations. We closely monitor our operations and keep them up to date. As we continue to add more assets, we maintain efficiency and service levels. As a result, they are choosing Virginia to find value here. “

In September, volume increased year-on-year in all modes of transportation. The number of barge containers handled at Richmond Marine Terminal decreased by nearly 41% year-on-year to 2,495 TEU, a decrease of 15% from August, but the number of truck containers handled increased by 25% to 110,452 TEU. Barge containers increased by more than 9% to 7,141. .. The terminal handles containers, temperature controlled containers, break bulk, bulk and neo-bulk cargo.

Containers processed at Front Royal’s Virginia Inland Port decreased 31% year-on-year to 2,297 TEU, down 18% since August, while the number of processed rail containers increased 16% to 53,405 TEU. became. Served by Norfolk Southern (NYSE: NSC), Virginia Inland Port is located 60 miles west of Washington, enhancing service to Washington and Baltimore.

The port also processed 13% less vehicle units in September, for a total of 318 units.

The port is expected to increase its year-to-date volume by 30% to 2.58 million TEU in September and continue to grow until the end of the year.

“We may see a decline as the retail season ends, but this is normal and the volume decline is modest,” Edwards said. “Looking at 2022, there is nothing to make us believe that volume will decrease. It will take some time for the supply chain to return to normal.”

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