Hapag-Lloyd Leads Virginia’s New Handling Record in 2017 — Panjiva
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Hapag-Lloyd Leads Virginia’s New Handling Record in 2017

China 3048 Corp - Ports 909 Corp - Shipping 1026 European Union 878 Mode - Containerized 1524 Mode - Seaborne 1845 U.S. 5399

The Port of Virginia, centered on Norfolk, set a new record for container handling in 2017 with a 7% growth rate to reach 2.84 million TEUs. It ended the year though with a slowing of trade, with a 3% increase in the month of December due to a drop in empty container handling. Import growth of 8% outpaced the 4% expansion in exports, suggesting an increase in the local trade deficit. Its import performance nonetheless beat the national average (of 6%) due to an 8% rise in both Chinese and European inbound traffic. The leading container line on inbound traffic for the year was Hapag-Lloy...

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