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Largest industrial building in Richmond market holds groundbreaking
A massive 846,260 square-foot spec industrial facility under construction in southern Chesterfield County is expected to be ready for delivery before the end of the year. New York-based real estate developer PNK Group began construction on the building at 1640 Ashton Park Drive during the first quarter of this year and hosted a groundbreaking ceremony […]
Supply chain co. plans $10M expansion in Pulaski
The Patton Logistics Group, a U.S. supply chain company, plans to expand with a $10 million, 100,000-square-foot warehouse and distribution facility in Pulaski County, Gov. Glenn Youngkin announced Thursday. This is the company’s second expansion in four years in Pulaski County and will allow Patton Logistics Group to expand its customer base across the Southeast, […]
No batteries? Thinner packaging? US businesses look for ways to offset tariffs
NEW YORK (AP) — Gadgets sold without batteries. Toys sold in slimmed-down boxes or no packaging at all. More household goods that shoppers need to assemble themselves. These are some of the ways consumer product companies are retooling their wares to reduce costs and avoid raising prices as President Donald Trump levies new import taxes on key […]
If Trump tariffs linger, Va. maritime industry will feel pain, experts say
With President Donald Trump’s self-branded “Liberation Day” anticipated to bring a rollout of new tariffs April 2 that Trump says will free the United States of dependence on foreign-made goods, many businesses and citizens are wondering what will happen next, with skyrocketing consumer prices and supply costs among their worries. On Monday, the president said he […]
InterChange announces several leadership changes
Mount Crawford-based industrial developer and logistics company InterChange Group announced several major changes to its executive leadership. Effective March 10, Keith VanBenschoten assumed the role of chief strategy officer, and Cliff Alt was promoted to chief operating officer. The company also announced that Timothy Cognata had been appointed director of sales. A company spokesperson said [&he[...]
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), […]
Virginia 500: The 2024-25 Power List
Who are Virginia’s most powerful and influential leaders in business, government, politics and education this year? Find out in the fifth annual edition of the Virginia 500: The 2024-25 Power List. Read more about how we assembled the Virginia 500 from our editor. Executives are listed in alphabetical order by industry. Below you will find links […]
2024 Virginia 500: Transportation
DEVON C. ANDERS PRESIDENT, INTERCHANGE GROUP, MOUNT CRAWFORD MONICA BACKMON CEO, NORTHERN VIRGINIA TRANSPORTATION AUTHORITY, FAIRFAX COUNTY RYAN BANAS ASSOCIATE VICE PRESIDENT AND HRBT EXPANSION PROJECT DIRECTOR, HNTB, NORFOLK JUDY BARRETT PRESIDENT, VIRGINIA MARITIME ASSOCIATION; SENIOR VICE PRESIDENT, TOWNEBANK, NORFOLK P. DALE BENNETT PR[...]
Amazing race
Virginia is reaping thousands of jobs and huge tax revenues as Amazon.com revamps its U.S. delivery network. The e-commerce giant is opening major distribution centers and sorting facilities across the commonwealth as part of its nationwide strategy to get goods to consumers faster and stay one step ahead of competitors like Walmart and Target that […]
Dewberry wins $810M FEMA contract
The Department of Homeland Security has awarded Dewberry, an engineering, architecture and construction firm in Fairfax County, an $810 million contract to deliver logistics planning and construction services to the Federal Emergency Management Agency, according to a System for Award Management (SAM) notice published Friday. The indefinite-delivery, indefinite-quantity contract will support FEMA&#[...]
Work begins on Stafford County industrial park
NorthPoint Development, a real estate operating company based in Kansas City, Missouri, broke ground in Stafford County on Tuesday on what’s being touted as the largest industrial park project along Interstate 95 from Washington, D.C., to Richmond. The Austin Ridge Logistics Center on Austin Ridge Drive in Stafford will include five to seven buildings, for […]
A practical plan for U.S. 220
Picture an hourglass: Flip the timer over, and the sand at the top funnels through a small opening to pool in the wider receptacle at its bottom. Now imagine if that hole in the middle were wider; sand would flow more freely. That’s how business leaders in Martinsville see the U.S. Route 220 corridor between […]
