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New dockworker strike threat looms for Port of Virginia
Shippers in Hampton Roads are bracing for a renewed dockworker strike in mid-January after contract negotiations between the International Longshoremen’s Association and the United States Maritime Alliance stalled in November. More than 45,000 dockworkers walked off their jobs for three days starting Oct. 1 at ports from Maine[...]
Boykin retiring as NNS president; Wilkinson named as successor
Jennifer Boykin, the president of Newport News Shipbuilding, will retire at the end of the year, parent company Huntington Ingalls Industries announced Wednesday. Kari Wilkinson, the president of HII’s Ingalls Shipbuilding based in Mississippi and executive vice president of HII, will succeed Boykin in January. Boykin has [...]
Opening doors
The Hard Rock entertainment, gaming, and hospitality brand is solidifying its place in Bristol on Nov. 14 with the formal opening of its Hard Rock Hotel & Casino Bristol, a $515 million resort and casino. The company has had a presence in the city for the last two years via a temporary casino facility, but […]
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 base[...]
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 Texa[...]
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 A[...]
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 t[...]
Building out
Hampton Roads always has plenty going on, and in this issue of Hampton Roads Business, we’ll take you on a tour around the region to check in on some of the largest and most consequential projects that are under development. In our main feature, “Latest and greatest,” freelance writer Jim Morrison will bring you up [&h[...]
Executive insights
Virginia Business asked six Hampton Roads leaders to discuss how their organizations are contributing to the region’s success and meeting challenges such as sustainability, regional cooperation and workforce training. LAURA HAYES CHALK Executive director, Virginia Beach Vision, Virginia Beach Virginia Beach Vision is partly focused on resiliency and sustainability — what do you hope to […][...]
Amazing race
Virginia is reaping thousands of jobs and huge tax revenues as Amazon.com revamps its U.S. delivery network. The e-commerce giant is opening major distribution centers and sorting facilities across the commonwealth as part of its nationwide strategy to get goods to consumers faster and stay one step ahead of competitors like Wal[...]
Fed’s Fifth District shows modest economic growth
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew modestly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released May 29. Published eight times per year, the Beige Book is based[...]
Rock and a hard place
The global shipping industry is currently juggling crises taking place more than 7,000 miles apart: Houthi rebels’ attacks on ships in the Red Sea, and a drought that has slashed ship crossings in the Panama Canal. And those came before the East Coast was hit with additional supply chain stresses following the collapse of Balt[...]
