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November Pushes 2014 TEU volumes past 2 million

“Though we’re past peak-season, we’re not seeing a significant let-up in our volumes,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. “Thanks to the work of the Motor Carrier Task Force and candid input from stakeholders at the Port Productivity Summit, we are making some headway at the terminals to adapt to, and manage this kind of throughput. We still have a long way to go to reach the consistency in delivery of service that our customers and stakeholders seek.”

The port finished November with operating income of $904,000, bringing the port’s string of consecutive profitable months to eight. Last November, the port posted an operating loss of $2.95 million.

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