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.
The Virginia Port Authority reported that it handled 235,511 industry-standard 20-foot equivalent units, or TEUs, in August, a 7% jump from the same month in 2015. It is also the highest August volume on record. Volume on intermodal rail is up 20% and truck traffic was up 0.7%. According to public figures, about 62% of containers at the Port of Virginia end up on drayage trucks, while 35% are put onto intermodal rail at on-site yards.
