Business Continues To Rebound At Virginia Ports - WRIC Richmond News and Weather -

Business Continues To Rebound At Virginia Ports

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RICHMOND, VA. (AP) - Shipments at the Port of Virginia continue to rebound but remain below levels seen before the Great Recession.
    
The recent numbers from the Virginia Port Authority come as officials weigh proposals for private companies to take over the operation of some of the state's port terminals.
    
The number of containers that came through the Port of Virginia increased 2 percent to more than 1.1 million units in 2011. And the numbers are trending more than 5 percent higher so far in 2012.
    
The port is currently the third-largest on the East Coast, but state officials have been frustrated that it hasn't rebounded as quickly as its competitors.
    
Still officials say the port is poised to take advantage of anticipated increases in shipments through U.S. ports over the next 20 years.



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