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Monday, June 06, 2011

Port Re-Structuring Started a 30 Year Success Story

Seldom do we here a story of a government program or initiative HELPING a local, regional, or national economy.  Sure, we will hear tales of some program helping one group; but it is usually at the expense of others.  VIT is a success story that doesn’t fit your typical bill.

30 years ago the Commonwealth of Virginia formed Virginia International Terminals and merged the competing ports of Norfolk, Portsmouth, and Newport News.  At the time, Virginia ranked 30th in cargo handled.  Today, it is ranked 6th.

To learn more, read this article from the Daily Press.

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