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Port of Charleston adds direct connection to Mediterranean market
The Port of Charleston’s new ocean carrier deployments will be increasing from 25 to 29 weekly services. The services will continue to include prime markets such as Asia and Europe, according to an SC Ports news release. Two of the weekly services will be first-in-calls from Asia, one of which being the fastest transit from […]
US trade war could raise prices, economists say
Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau managed to separately negotiate a monthlong pause on Monday with U.S. President Donald J. Trump on a trade war that was scheduled to begin on midnight Tuesday. However, as of late Monday afternoon, the Trump administration was still prepared to impose a 10% tariff on […]
Trump White House says tariffs will be enacted Feb. 1
The Trump administration says it will impose tariffs on Canada, Mexico and China beginning Saturday, Feb. 1. “The president will be implementing tomorrow 25% tariffs on Mexico, 25% tariffs on Canada and a 10% tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed […]
2025 Virginia Black Business Leaders Awards: Jeremy Bridges
In 2023, Bridges joined the HRSA, which represents shipping companies in negotiations with International Longshoremen’s Association leaders in Hampton Roads. He previously was vice president of labor relations at CMA-CGM America and worked for the Pacific Maritime Association on the West Coast. A James Madison University alum, he earned certification from the International Association of [&h[...]
MADE IN THE USA: What Trump presidency could mean for manufacturing
When a new presidential administration is elected, the future becomes a guessing game. In the four years following Donald Trump’s ascendancy to the presidency on Jan. 20, businesses and consumers will be forced to adjust to new policies affecting supply chain and distribution channels, which could create opportunities and challenges for the U.S. economy. For […]
Top Five November 2024
1 | U.S. port strike stops cargo operations at Port of Va. About 45,000 union dockworkers walked off the job at every major port along the East and Gulf coasts until they ended the strike after reaching a tentative deal three days later. (Oct. 1) 2 | Three Va. universities have […]
Fed’s Fifth District economy grows modestly
Economic activity in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew modestly from early September, according to the latest edition of the Fed’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions gathered [...]
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 […]
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[...]
