New Port of Virginia CEO and Executive Director Sarah McCoy spoke with FreightWaves at the hub’s annual State of the Port event.
Sarah McCoy will lead the Port of Virginia as CEO and executive director after serving in an interim role this year.
Norfolk Southern has been formally granted control of a Virginia port railroad by federal regulators.
A federal judge tossed out a lawsuit filed by the International Longshoremen’s Union alleging the Virginia Port Authority had interfered with the newly-signed union contract when it installed automated cranes at one of its container terminals.
The Port of Virginia recently completed a project to widen its ship channel for ultralarge container vessel traffic.
Belgium-based logistics provider Katoen Natie is expanding warehousing and rail facilities at its Norfolk, Virginia, operations, to support the export market for plastic resins.
The Port of Virginia has plans to expand capacity at its inland port and at the Richmond Marine Terminal, while CSX has reached a sick leave agreement with another union group.
The Port of Virginia says it’s nearly done with its channel deepening project, which will enable the port to allow for two-way traffic of ultra-large container vessels.
2023 was a banner year for the Port of Virginia, with annual volumes higher year over year as more traffic went to East Coast ports.
July was a record month at the Port of Virginia. At SC Ports, July’s volumes were up from June as the Port of Charleston sought to improve port flows.
Higher amounts of loaded imports and empty export boxes contributed to a nearly 15% increase in volumes.
OceaNS Bridge Express, a partnership among NS, Union Pacific, Hapag-Lloyd and the Port of Virginia, could be a means to avoid West Coast port congestion while taking advantage of East Coast port capacity improvements.
April volumes at the Port of Virginia in Norfolk were at the second highest in port history, right behind December 2021.
March volumes at the Port of Virginia were the highest yet for 2022.
The new container cranes will enable the terminal to accommodate multiple ultra-large container vessels simultaneously.
2021 was a banner year for The Port of Virginia, SC Ports and Alabama Port Authority.
November volumes rose nearly 4% year-over-year, although on a sequential basis, volumes fell nearly 9% from October.
The board of commissioners for the Virginia Port Authority unanimously approved a $61.5 million construction bid for a project that would increase on-dock rail capacity to 1.1 million containers a year.
SC Ports and the Virginia Port Authority are benefiting from customers seeking less congested ports, they said.
“The growth we’re seeing is not artificial, and the movement of loaded and empty containers is up, for both exports and imports.”
