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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 […]
Port of Virginia nears finish of $450M dredging project
Seven years after the Port of Virginia launched a $450 million dredging project to become the deepest and widest harbor on the East Coast, the massive endeavor will be completed by the end of this year as the shipping channels are dredged to 55 feet deep. The port, which is coming off two consecutive years […]
CV International taps new CFO
Norfolk-based logistics company CV International announced Tuesday that it has appointed Jeff Underwood as chief financial officer.
Virginia Business wins two international journalism awards
Virginia Business won two journalism awards for breaking news coverage and explanatory journalism in the 2025 Alliance of Area Business Publishers awards.
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.
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.
China says it will ‘fight to the end’ after Trump threatens to impose still more tariffs
BEIJING (AP) — China said Tuesday it would “fight to the end” and take countermeasures against the United States to safeguard its own interests after President Donald Trump threatened an additional 50% tariff on Chinese imports. The Commerce Ministry said the U.S.‘s imposition of “so-called ‘reciprocal tariffs’” on China is “completely groundless and is a typical unilateral[...]
Could Hyundai be the Port of Charleston’s next big export customer?
The largest development project in Georgia history is open for business and there could be something in it for South Carolina, too, says the president and CEO of the Palmetto State’s port system. Hyundai Motor Group Metaplant America on March 26 celebrated the official opening of a plant that will produce Hyundai, Kia and Genesis vehicles […]
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 […]
