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Port of Virginia to complete $450M dredging project in February
The Port of Virginia will complete its $450 million dredging project next month, delivering the deepest shipping channels on the East Coast.
Tariffs have cost U.S. households $1,200 each since Trump returned to the White House, Democrats say
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.
Federal employment, trade declined in 2025 in Virginia
Virginia saw some economic growth in 2025, but it was slow compared to 2024, and statewide unemployment is expected to rise in 2026, according to Old Dominion University's State of the Commonwealth economic report released Tuesday.
Departing Port of Virginia CEO to join ferrying company
Virginia Port Authority CEO Stephen A. Edwards, who announced in November that he would be stepping down at the end of the year, will be CEO of ferry infrastructure company Hornblower Group at the start of 2026.
Edwards to step down as Port of Virginia CEO
Stephen A. Edwards is stepping down at the end of the year as the Virginia Port Authority's CEO and executive director to take a new job in the private sector, the Port of Virginia announced Monday.
Trump’s trade battle with China puts soybean farmers in peril
China stops buying U.S. soybeans, leaving Virginia farmers with fewer export markets. Simultaneously, farmers face rising expenses.
Fairwinds Landing partner promotes COO and SVP
Portsmouth-based advanced engineering and manufacturing company Fairlead, a Fairwinds Landing project developer, promoted Jeremy Jeffreys to SVP and COO.
Port of Virginia sees 8.7% drop in cargo traffic
The Port of Virginia has seen a decline in shipping container volumes in recent months, amid President Trump's trade war.
Virginia logistics space squeezed by data center boom
After the COVID-19 pandemic struck, Virginia experienced a surge in demand for warehousing and distribution space driven by consumers shifting to the convenience of online shopping. In 2022, at the height of this boom, developers responded by rapidly adding new supply, with Richmond and Hampton Roads seeing dramatic increases in[...]
CV International taps new CFO
Norfolk-based logistics company CV International announced Tuesday that it has appointed Jeff Underwood as chief financial officer.
Antitrust lawsuit against General Dynamics, HII revived in appeals court
Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.
