virginia News Updates

TCA

Virginia Port Authority Floats Ambitious Plan for Future

As recently as two years ago, the Virginia Port Authority was losing millions of dollars annually. Now that the port's administration has gotten back to a break-even point, the board of directors is charting an ambitious course that projects to create hundreds of thousands of jobs around the state in the next half-century.

November 18, 2016
BusinessGovernment

Port of Virginia Signs $217 Million Deal to Acquire Automated Cranes

The Commonwealth of Virginia signed a deal with Konecranes to provide the Port of Virginia with 86 automated stacking cranes as part of a large-scale expansion at the Virginia International Gateway and Norfolk International Terminal over the next five years.

November 15, 2016
TCA

Port of Virginia Reports Another Single-Month Record for Container Volume

Two months after reporting that August was its all-time-busiest month, the port has another record-breaker on its hands.

November 15, 2016
BusinessGovernment

Even on Election Day, Virginia Port Means Business

While Nov. 8 is a paid holiday for dockworkers at the Port of Virginia, that doesn’t mean everybody will have a day off.

November 8, 2016
BusinessGovernment

Port of Virginia Container Volume Rises 2% in September

NORFOLK, Va. — Container volume at the Port of Virginia last month edged up 2% from its record-breaking gain in the same month a year ago.

October 17, 2016
BusinessGovernment

Port of Virginia Signs Long-Term Lease for Virginia International Gateway Terminal

The Port of Virginia signed a new long-term lease for the Virginia International Gateway terminal, which paves the way to expand capacity at the nation’s sixth-largest port by volume.

September 21, 2016
BusinessGovernment

Ports of Virginia and Charleston Report Record August Volume

Two top ports on the East Coast reported that August was a record month for containers, although the data reflects the period before Hanjin Shipping Co. filed for bankruptcy on Aug. 31.

September 13, 2016
BusinessGovernment

Port of Virginia Reports $4.76 Million Profit in 2016

The Port of Virginia reported $4.76 million in profits for fiscal year 2016, which ran from July 1 to June 30.

September 9, 2016
BusinessGovernment

Port of Virginia on Track for Increased Double-Stack Rail Service

There’s light at the end of the tunnel — the Virginia Avenue Tunnel in Washington, D.C., specifically.

August 22, 2016
BusinessGovernment

Port of Virginia Reports 3.6% Drop in July Container Volume

Container volume at the Port of Virginia in July dropped 3.6% year-over-year, while it's up 1.1% for the first seven months of the calendar year, port officials announced Aug. 17.

August 18, 2016