Container volume at the port’s terminals ticked slightly upward in January, posting a year-over-year gain of 0.4%, the Virginia Port Authority announced Feb. 16.
February 18, 2016Logistics
Norfolk Southern to Cut 2,000 Jobs as Part of Streamlining Plan
Norfolk Southern Corp. reported Jan. 27 that fourth-quarter profit fell 29% from the same period a year ago and its yearly profit for 2015 was off by nearly as much — down 20% from a year earlier.
January 27, 2016Business, Government
Port of Virginia Breaks Another Yearly Record for Container Volume
For the third year in a row, the Port of Virginia set a record for cargo container volume in 2015, while also setting all-time highs for truck and rail-container volume.
January 14, 2016Business, Government
Port of Virginia Signs Trade Pact With Cuba
Port officials in Virginia and Cuba have signed a pact expected to increase agricultural exports to the Caribbean nation, Gov. Terry McAuliffe announced Jan. 5.
January 6, 2016