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APM Terminals unloads on competitor VIT

Nearly five months after the state announced that APM Terminals Inc. wants to take over the operations of the Virginia Port Authority’s terminals, the gloves came off in a presentation by an APM executive to a panel of state lawmakers gathered in Portsmouth.

“The Port of Virginia stands at a crossroads that demands immediate attention,” said John Crowley, senior vice president for law and regulatory affairs at APM, who didn’t pull any punches in a direct challenge to Virginia International Terminals Inc., or VIT, the company that APM would replace if its offer is accepted.

More in the Virginian-Pilot

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