Transportation 2025: PERRYMAN, MARK
Since joining the Norfolk Airport Authority as its leader in May 2022, Perryman has seen growth in passenger numbers and the Norfolk International Airport, in size and scope. The airport is in the middle of a nearly $1 billion, multiyear capital project. Major projects slated to be finished by the end of the year or […]
Transportation 2025: MILLER, PERRY
Miller started with Richmond International Airport’s commission in 2019. The airport marked record-breaking passenger traffic and cargo volume in 2024: 4.88 million passengers (up 2.7% from 2023) and 222.78 million pounds in cargo (up 7.84%). Last year, the airport renovated its Federal Inspection Services facility, which has the capacity to support international travel. Design work [&hellip[...]
Transportation 2025: BACKMON, MONICA
This year, the NVTA released a draft action plan for a regionally connected Bus Rapid Transit system, identifying up to 28 potential routes in Northern Virginia. The authority has already committed more than $880 million toward five BRT segments. Backmon was named the authority’s CEO in 2021, after having served as its executive director in […]
CV International taps new CFO
Norfolk-based logistics company CV International announced Tuesday that it has appointed Jeff Underwood as chief financial officer.
Truckers hope freight recession is finally ending
Virginia truckers eye regulatory rollbacks under Trump and hope a February freight bump signals recovery after the nation’s longest freight recession.
Estes family donates $15M for William & Mary accounting center
Estes Express Lines' owners donate $15M to William & Mary to create the Estes Center for Excellence in Accounting at the Mason School of Business.
Estes trucking subsidiary to buy Minn. supply chain co.
Estes Forwarding Worldwide, a wholly owned subsidiary of Richmond-based Estes Express Lines, plans to acquire Superior Brokerage Services, a Minneapolis-based, single-sourced supply chain company specializing in domestic and international transportation, U.S. customs brokerage services and warehousing. Terms of the deal were not disclosed, but EFW CEO Scott Fisher told Virginia Business on Thursda[...]
Rail equipment manufacturer to expand in Salem
Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within [...]
Westward ho!
Southwest Virginia’s leaders feel confident their region will be home to the state’s next inland port. “The planets are aligning for us right now,” says state Sen. Todd Pillion, R-Washington County. “Our localities are excited about it. The state seems to be excited about it.” During the Virginia General Assembly’s regular session, Pillion and two […]
At max capacity
Supply chain and logistics executives used to joke that no one knew or understood what their jobs were — that is, until the COVID-19 pandemic upended how goods were transported to warehouses and ultimately to customers. “Until you start to look behind the scenes, you don’t know how all of this gets to your door […]
Reston’s Trucker Tools names COO
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, announced last week it had appointed Rohit Bezewada as chief operating officer. Bezewada succeeds Kary Jablonski, who became CEO of Trucker Tools earlier this year. “Rohit is an accomplished executive who brings over 10 years of cross-functional experience […[...]
CV International subsidiary acquires Ga. shipping company
Norfolk-based CV International Inc. subsidiary Capes Shipping Agencies announced Wednesday that it had acquired Savannah, Georgia-based Ryan Ship Services LLC. Financial terms of the transaction were not disclosed. “This merger will be a great fit for both of our companies, and the timing was perfect,” CVI President and CEO Mike Coleman said in a statement. […]