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Port of Virginia’s volumes inch up in January

The port handled 192,844 TEUs for the month, a 0.4 percent increase from January 2015, with truck volumes and ship calls up 1.2 percent and 1.8 percent year-over-year, respectively.

   The Port of Virginia handled 192,844 TEUs in January, a 0.4 percent increase from January 2015, the port said. During the month, truck volumes and ship calls inched up 1.2 percent and 1.8 percent year-over-year, respectively.
   Overall for the first seven months of fiscal year 2016, which began July 1, 2015, cargo volumes grew nearly 3 percent compared to the corresponding period for fiscal year 2015. Rail cargo volumes since the start of fiscal year 2016 grew the most, posting year-over-year growth of 6.5 percent.
   “Though modest, our volumes in January were the best on record for that month,” Virginia Port Authority CEO and executive director John F. Reinhart said. “We continue to track according to our forecast and it is our expectation that volumes for the balance of the winter and into the spring will be relatively flat.”