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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.
New logistics centers boost Virginia’s supply chain edge
Four major logistics hubs, including Amazon and Port 460, open across Virginia in 2024, enhancing East Coast distribution and supply chain access.
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.
Port of Virginia channel widening boosts ship traffic
Port of Virginia completes channel widening, enabling 2-way ship traffic and boosting cargo volumes as deepening continues and offshore wind grows.
Executive insights: Maritime leaders on tariffs, workforce development and more
DONALD MILLS President and general manager, Mills Marine & Ship Repair, Suffolk Virginia Business: How did you move from being employed at Huntington Ingalls Industries and Newport News Shipbuilding to starting your own business? Mills: At HII, I gained extensive hands-on experience, comprehensive industry insights and valuable professional relationships. This tenure taught me critical technic[...]
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.
Virginia inland ports expand to meet shipping demand
Virginia Inland Port and Richmond Marine Terminal upgrade facilities to handle growing cargo volumes and improve freight shipping efficiency statewide.
Virginia universities provide expansive maritime education
William & Mary launches Virginia’s first public bachelor’s in coastal and marine sciences, expanding maritime education and career options statewide.
Amazon holds grand opening for Virginia Beach delivery station
Amazon on Tuesday announced that it had officially opened its new 200,000-plus square-foot delivery station in Virginia Beach. The facility, located at 2201 Harpers Rd, is Amazon’s 17th delivery station in Virginia and the sixth site in Hampton Roads
UPS to cut 20,000 jobs as it pulls back from Amazon
United Parcel Service is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles. The package delivery company said Tuesday that it anticipates making the job cuts this year. It anticipates closing 73 leased and owned buildings by the end of June. […]
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.
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 […]
