The Port of Virginia set a new container volume record in FY 2021.
The Port of Virginia handled 3.2M TEU in in 2021 Fiscal Year (FY 2021). That number was up 16.8% on FY 2020 and 9.6% more than the 2.938M TEU handled in 2019, which was the port’s previous record.
The port started its FY 2021 with two slow months in July and August when container numbers declined, but this was followed by 10 consecutive months of growth, including several record months as US imports surged.
While the global supply chain has struggled with the increase in container volume, Virginia CEO and executive director Stephen Edwards said the port performed better than most. “For much of the fiscal year, we were handling record volumes under COVID-restricted conditions, and we did so safely, swiftly, and sustainably. We consistently handled record-breaking volumes at industry-leading performance levels.”
In FY 2021 the port worked 1,538 vessels, which is 100 more vessels than in FY20, but less than the 1,570 that called in FY 2019. Rail containers were up 16.7% to 581,868 containers while barge containers increased 16% to 68,526 containers on the 2021 to 2020 comparison.
“We expect to see strong volumes as we head deeper into the summer and the beginning of peak season,” Edwards said. “We’re going to keep working our plan of adding assets and, if necessary, hours to the operation, to ensure cargo flow and accommodate the cargo owners.”