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Eastern Va. Big Deal: Prime location
Doug Smith isn’t surprised Amazon.com has extended its reach in Hampton Roads. The Hampton Roads Alliance president and CEO says Amazon’s expansion in the commonwealth has been a constant since the global e-commerce behemoth announced in 2018 that it would locate its East Coast corporate headquarters, Amazon HQ2, in Arlington County. The latest push includes […]
Logistics company expanding in Winchester
Third-party logistics warehousing provider WCS Logistics, a Winchester Cold Storage company, will invest $27 million to expand in Frederick County and create an estimated 15 jobs, Gov. Glenn Youngkin announced Tuesday. WCS Logistics will build an 83,000-square-foot cold storage facility with the capacity for more than 13,000 pallets. The facility will include 68,750 square feet […]
Trucking company plans $50 million Botetourt facility
Warren, Michigan-based Universal Logistics Holdings is planning a $50 million investment to expand into Botetourt County, a project that is expected to create 45 jobs, the trucking and logistics company announced in early January. The expansion will bolster the company’s heavy truck capabilities in servicing truck assembly operations, according to the company, which plans to […]
Top Five February 2024
The top five most-read daily news stories on VirginiaBusiness.com from Dec. 15, 2023, to Jan. 15 were led by the announcement that Fortune 500 IT company DXC Technology replaced its top executive. 1 | DXC Technology replaces Mike Salvino The Ashburn-based company replaced Salvino, its chairman, president and CEO, with interim President and […]
International logistics company to expand in Norfolk
Katoen Natie Norfolk, a subsidiary of Belgian international logistics service provider and port operator Katoen Natie, will invest $59.9 million to expand its Norfolk facility and create an estimated 76 jobs. Katoen Natie Norfolk will add a 450,000-square-foot warehouse and rail yard, and expand its existing rail spur, which will allow more room to load […]
Third-party logistics company to expand in Pulaski County
Wytheville-based third-party logistics company Camrett Logistics will invest more than $2 million to expand in Pulaski County, creating an estimated 58 jobs, Gov. Glenn Youngkin announced Tuesday. Camrett Logistics’ investment in its Dublin facility will include construction, renovating existing space and buying new forklifts and electric trucks. “Homegrown Virginia businesses like Camrett Log[...]
VSE calls off $100M sale of business to equity firm
Alexandria-based distribution and maintenance provider VSE Corp. has called off an agreement to sell off its federal and defense segment for up to $100 million to Louisiana-based private equity firm Bernhard Capital Partners. The deal was announced in May, and the companies said in a news release Wednesday that they mutually agreed to terminate the […]
ODU supply chain/logistics school approved by SCHEV
Old Dominion University’s School of Supply Chain, Logistics, and Maritime Operations was approved Wednesday by the state’s higher education council, and it’s set to start programming on Oct. 1, according to the university. The State Council of Higher Education for Virginia (SCHEV) OK’d the new school, which will support ODU’s Maritime Consortium, which was created [&h[...]
Transportation 2023: KEITH HALL
Previously vice president of TForce’s field operations, Hall took over as president in June, after his predecessor, Paul Hoelting, retired. A Virginia Commonwealth University graduate, Hall started working for Overnite Transportation, which later became UPS Freight, more than 30 years ago. In 2021, Montreal-based TFI International purchased UPS’ less-than-truckload freight business for $800 mi[...]
Transportation 2023: CHARLES W. McDANIEL
As the third generation of his family to lead Hilldrup, McDaniel has been president and CEO since 2005. He started working at the now 120-year-old Fredericksburg-based moving, storage and logistics company at age 12. McDaniel also chairs the board for UniGroup, the Missouri-based parent company of United Van Lines and Mayflower Transit. Under his leadership, […]
Transportation 2023: P. DALE BENNETT
Though he originally planned to pursue a law career, Bennett instead took a job for the predecessor organization of the Virginia Trucking Association. It was a job close to home for Bennett, whose father was a trucker for two decades. Nearly 40 years later, he continues to advocate for Virginia’s trucking industry. In 2019, Bennett […]
Transportation 2023: MICHAEL W. COLEMAN
In addition to leading CV International, his family-owned freight logistics and transportation company, Coleman is a Virginia Port Authority commissioner and chairs the century-old Virginia Maritime Association. He’s also a board member of the Hampton Roads Shipping Association and sits on the Virginia Economic Development Partnership’s Advisory Committee on International Trade. Coleman was ap[...]
