As ocean rates start to slump, carriers are pulling out the blank sailings trick to try and adjust the capacity available to match the decreasing demand. After the explosive profits around the pandemic, ocean carriers are laser-focused on preventing...
After the tempo of imports swung from the west coast to deluge the eastern seaboard, a reduction of imports across the board has cleared up much of the backlogs at ports on all coasts. While import volumes are down,...
The Port of Virginia has set another record for its most productive July ever. Coming in at 318,000 TEUs in July, the port moved over 24,500 TEUs more than July of 2021, an increase of 8.4%. As the fourth...
The smartest bet in the last week would be the wager that the Port of Virginia would announce a record-setting FY2022 after huge numbers of imports and containers passed through the east coast port, partly because of the ability...
Snow storms hit the Port of Virginia twice in late January, shutting down the port both times, and increasing congestion that port officials believe will be cleared out in just a few short weeks. It started out with 11...
Thanks to the semi-automated cranes in the container yard and the two marine terminals linked by barge services at the Port of Virginia, the port has been able to alleviate backlogs that have slammed other ports on the USEC....
By ordering three Konecranes Rail-Mounted Gantry (RMG) cranes the Port of Virginia has ensured the next upcoming year will be a good one. As a long standing Konecranes customer with a fleet of 116 Konecranes Automated RMG cranes, the...
With coronavirus slowing down import volumes, the Port of Virginia has temporarily stopped container operations at the Portsmouth Marine Terminal as of May 4th. As this is an older facility, there isn’t a dramatic need for its operation since...
Tariff talks between the US and China have stalled regarding the agriculture buy that China is expected to make in efforts to restart the negotiations. After a wild year of back and forth, some movement was expected after the...
A new contract, signed last week with Weeks Marine, marks the start of the new dredging of the Port of Virginia to 56 feet. This will enable the port to service vessels up to 18,000 TEUs, making it the...
