Diverting Story of Storms and Canals Boosts Virginia’s Ports — Panjiva
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Diverting Story of Storms and Canals Boosts Virginia’s Ports

Corp - Ports 908 European Union 877 Mode - Containerized 1523 Mode - Seaborne 1845 U.S. 5398

Container handling via Virginia’s major ports increased 2% on year earlier in August. That was the 11th increase in the past year, but the slowest growth since October. That’s similar to the pattern seen nationally, and includes a marked drop in exports (down 11%) while imports climbed 6%. The increase in imports was the result of a 16% jump in shipments from the European Union, far outstripping the slide seen nationally. In turn that suggests Virginia was a beneficiary of diversions from Texas resulting from Hurricane Harvey. Meanwhile shipments from China increased by just 1%, suggesti...

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