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Tariffs spark uncertainty for Virginia port and shippers
Shipping and logistics companies and related maritime industries worry about the impacts of President Trump's global trade war and international tariffs. In a worst-case scenario, long-term tariffs on imports and exports would have a cascading effect, accumulating downstream across the economy, economists say.
Ocean freight outlook 2025: tariffs, crisis fuel chaos
Ocean freight faces uncertainty in 2025 due to Red Sea crisis, U.S.-China tariffs, and overcapacity from new vessels and shifting port strategies.
The Port of Virginia at a glance
In fiscal 2024, the Port of Virginia moved 3.5 million 20-foot equivalent units (or TEUs), its second highest number in history, just below 2022’s 3.7 million record.
China says it will ‘fight to the end’ after Trump threatens to impose still more tariffs
BEIJING (AP) — China said Tuesday it would “fight to the end” and take countermeasures against the United States to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports. The Commerce Ministry said the U.S.‘s imposition of “so-called ‘reciprocal tariffs‘” on China is “completely groundless and is a typical unilateral[...]
Ports strike is suspended as tentative agreement reached
On day three of a massive dockworkers’ strike that was resulting in runs at supermarkets on consumer goods like toilet paper, the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced a tentative agreement had been reached and work would resume in ports from Maine to Texas. On Thursday evening, the ILA […]
As dockworkers strike continues, experts weigh potential supply chain impacts
The situation remains at a stalemate following the first day of a historic strike by the International Longshoremen’s Association (ILA) at ports from Maine to Texas. Thousands of ILA members joined the picket line as a midnight deadline passed Monday evening — with no deal reached between ILA and the United States Maritime Alliance (USMX), […]
U.S. port strike starts; Port of Va. stops cargo operations
Oct. 3 update: Strike is suspended About 45,000 International Longshoremen‘s Association (ILA) workers walked off the job midnight Tuesday at the Port of Virginia and every other major port along the East and Gulf coasts, launching the ILA’s first U.S. port strike in 47 years. Dockworkers hit the picket lines after the union reached an […]
Port of Va. is already handling cargo diverted from Baltimore
On Tuesday afternoon, workers at the Port of Virginia‘s Virginia International Gateway facility in Portsmouth unloaded cargo that had been scheduled for the Baltimore Harbor before a container ship struck and destroyed the Francis Scott Key Bridge in a fatal accident that has left the shipping channel closed for at least several weeks to come. […]
Baltimore bridge collapse will drive ships to Port of Va.
After a container ship struck the Francis Scott Key Bridge in Baltimore early Tuesday, causing the bridge to collapse and possibly claiming multiple lives, ships bound for the Port of Baltimore will be diverted to other ports, primarily the Port of Virginia and the Port of New York and New Jersey. The Virginia Port Authority, […]
Widening of Port of Virginia shipping channel is complete
The Port of Virginia‘s shipping channel is now wide enough for two ultra-large container vessels to pass at the same time, concluding a significant part of the $450 million dredging project to make the port the widest and deepest harbor on the East Coast. According to the Friday announcement, the port expects to finish the […]
Biden executive order on Chinese cranes affects Port of Va.
President Joe Biden issued an executive order Wednesday addressing cybersecurity and espionage concerns over Chinese-made cranes in use at U.S. ports, including the Port of Virginia. Additionally, the Biden administration announced a plan to invest $20 billion on infrastructure security at U.S. ports, including support for domestic manufacturing of ship-to-shore cranes. National security concerns [...]
