Volume 87 No. 4
June 2023
“The Voice of Port Industries” @VAmaritime
PORT OF VIRGINIA® DRIVES JOB CREATION AND ECONOMIC DEVELOPMENT NORFOLK | The Port of Virginia® continues to solidify its position as a crucial economic force in the Commonwealth, according to a recently published study conducted by The College of William & Mary. The study examined the economic impact of the activities generated by the six facilities owned or operated by the Virginia Port Authority (NIT, VIG, PMT, NNMT, RMT, VIP), comparing fiscal year 2022 (FY22) to the 2021 fiscal year. With the fiscal year spanning from July 1, 2021, to June 30, 2022, the Port of Virginia’s® contribution to job creation and economic investment has been substantial. Mr. Stephen Edwards, the CEO and executive director of the Virginia Port Authority (VPA), expressed optimism about the port’s future, stating, “We are investing $1.4 billion to expand our overall capacity and cargo handling capabilities, and this will have a positive effect on the Virginia economy. As this port grows, so will its benefits to all Virginians.”
The FY22 performance of the Port of Virginia® marked its most productive fiscal year to date, with over 3.7 million twenty-foot equivalent units processed at its terminals. The movement and handling of this cargo, combined with the port’s efficiency and productivity, significantly contributed to the Virginia economy. Continue Reading on Page 4
GO-ZERO: INCENTIVES FOR ZERO-EMISSION DRAYAGE TRUCKS AT THE PORT OF VIRGINIA® NORFOLK | The Green Operator program is open for the first round of funding for GO-Zero, a program designed to provide incentives toward the purchase of environmentally friendly drayage trucks. The GO-Zero program, an extension of the existing Green Operator program, aims to encourage the adoption of zeroemission and near zero-emission drayage trucks specifically for service at the Port of Virginia® facilities. Unlike the current program, diesel-to-diesel upgrades will no longer require the scrappage of an older diesel-powered truck. However, an additional incentive will be available if an older drayage truck is scrapped.
The application period for GO-Zero will be open from May 1, 2023, through July 31, 2023. During this time, interested individuals and businesses can submit their applications for funding consideration. Following the application period, an evaluation will be conducted to determine the awards. To stay informed and access additional information about GOZero, we encourage you to visit the Green Operator website, greenoperator.org.
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INSIDE THIS EDITION
h Upcoming VMA Events (3)
h VMA23 Speakers Announced (5)
h MLCP (2)
h VMA Affinity Program (4)
h Association in Action (6)
h APRI Honors Local Leaders (3)
h Port Statistics (5)
h VMA New Members (7)
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