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Maritime leaders on automation, tariffs and the industry’s future
Virginia maritime leaders from Newport News Shipbuilding, CV International, and LS GreenLink discuss workforce development, automation, and a $689 million investment in Hampton Roads.
Trade tensions disrupt Virginia cargo flows
The Port of Virginia faces cargo declines amid tariffs and trade policy shifts, impacting logistics and regional economic development.
Port of Virginia touts confidence in ability to adapt to uncertainty
The Port of Virginia in 2025 earned $877 million in operating revenues, the second highest in the port’s history.
US homebuilders brace for another challenging year as war, tariffs hurt margins
U.S. homebuilders face margin challenges due to tariffs, the Iran war, and rising inflation, impacting sales and construction costs.
Fed sees modest economic growth in Fifth District
Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, as consumer spending and tourism picked up.
Companies scramble for tariff refunds as US prepares to launch claim process
U.S. importers ready to claim up to $166 billion in tariff refunds as Customs launches new CAPE system amid concerns over process reliability.
US tariffs drive steep drop in EU exports for second month
European Union exports to the United States fell by over 26% in February, reflecting the ongoing impact of President Donald Trump's tariffs on trade.
US set to launch tariff refund system on April 20
U.S. Customs and Border Protection will launch the CAPE system on April 20 to issue refunds for $166 billion in tariffs struck down by the Supreme Court.
North American farmers pinch pennies on farm machinery as profitless growing season approaches
North American farmers reduce spending on big-ticket farm machinery due to high costs and low crop prices, impacting equipment sales and industry profits.
Dollar General taps Ahold US head as new CEO replacing veteran Vasos
Dollar General appoints Jerry 'JJ' Fleeman Jr., current Ahold US CEO, as new CEO effective January 1, 2024, replacing Todd Vasos amid sales challenges.
US customs agency says tariff refund system will be ready in 45 days
The U.S. Customs and Border Protection will implement a system to refund $166 billion in tariffs within 45 days, following the Supreme Court ruling.
US weekly jobless claims rise slightly
US weekly jobless claims increased slightly to 212,000 for the week ending February 21, reflecting a stable labor market despite hiring hesitancy and AI-related layoffs.
