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The problem privatizing Virginia's ports won’t solve

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One of the US east coast’s major ports, Virginia Port Authority, is under the hammer, and there are bids on the table, beginning with APM Terminal’s multi-billion dollar offer to operate all the facilities on behalf of the port authority. But other bids have been withdrawn. So why is the commonwealth of Virginia considering such a proposal, given the traditionally heavy involvement of the state in US port operations?

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