Economic Development

Advancing Our Infrastructure and Workforce

Creating Opportunities

By the numbers 2017-2024

The Port of Virginia began modernizing in 2007, and the work continues to this day. This modernization has resulted in job growth, increased container volumes and improved safety and sustainability measures. Our investments in modern, innovative infrastructure deliver for our customers, workers and communities.

Graphic that reads: $1.4B direct port investments
Graphic that reads: 17% increase ILA membership
Graphic that reads: 25% improvement in safety measures
Graphic that reads: OSW hub terminal supporting America's largest offshore wind project
Graphic that reads: 25% increase container volumes
Graphic that reads: +300,000 hours ILA hours per annum
Graphic that reads: 70% reduction in total carbon emissions
Graphic that reads: 35% faster gate turn times

$100M

Dredging the deepest, widest channel on the U.S. East Coast

$10M

Increasing rail yard efficiency

$1M

Enhancing the Richmond Marine Terminal and Virginia Inland Port

$100M

Developing an offshore wind hub terminal

$100M

Expanding a more capable Norfolk International Terminal

Modernization supports greater container volumes

In 2023, container volumes at The Port of Virginia were 17% higher than 2020 levels. Our strategic East Coast location and world-class service are bringing greater private investment to the Commonwealth, attracting volume from emerging worldwide markets.

Source: Virginia International Terminals

ILA membership is growing

Modernization is driving demand. Since 2017, ILA membership here has increased 17%, according to the US Department of Labor. Efficient service and advanced systems attract greater volumes. The result is more crane moves and a greater demand for labor.

Source: The U.S. Department of Labor

ILA labor hours keep pace with growing container volumes

With modernization, ILA hours at our terminals remain consistent with our cargo volumes. Modern systems and equipment allow us to manage surges in volumes with consistency, creating a competitive advantage and more opportunities for work.

Source: Virginia International Terminals, The U.S. Department of Labor

Advancing a safer working environment

Since 2017, we have reduced the number of lost work days by 25%. We are proactively advancing a goal to cut safety incidents in half. Advanced technology positions us to be proactive and consistently monitor for possible threats to our operations, including cybersecurity challenges.

Source: Virginia International Terminals

Modern equipment reduces emissions and increases operational sustainability

We are replacing diesel and gas-powered equipment with cleaner, more sustainable equipment. By integrating these cleaner alternatives, we are able to reduce our scope 1 and 2 emissions and remain on target with our goal of achieving net-zero carbon emissions by 2040. Since 2017, we have reduced our carbon emissions 74% per TEU.

Source: Virginia International Terminals

$153B

Value added to U.S. economy (FY21)

1.29M

Total U.S. jobs supported

565,000

Total VA jobs supported