From July 2007 to February 2008, VPA's rail volume to and from the Midwest increased 20 percent to 345,128 TEUs compared to the year-earlier period.
| Capozzi |
Capozzi said export cargo, driven by the weak dollar, was a large part of the reason for the increase in the Midwest rail traffic.
'Cargo that normally isn't put into containers — grain from the Midwest for example — is now being boxed for export,' Capozzi said.
The agency said its Virginia Inland Port, a rail terminal in the Shenandoah Valley town of Front Royal, handled 46,139 TEUs, a 36.7 percent increase from the same period in 2007. It said this was due to a boom in imports moving to distribution centers in the region.
Capozzi said the port expects further increases in rail traffic due to the weak dollar, overall growth at the port, and the 2009 or early 2010 opening of the Heartland Corridor direct double-stack rail route to Columbus, Ohio.