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Iran war repercussions impact shipping, oil
Global shipping companies face major disruptions as conflict in the Persian Gulf halts traffic through the Strait of Hormuz, impacting Virginia's fuel and trade costs.
Southwest Virginia continues push for inland port
Virginia plans a second inland port in Washington County with $35 million funding, aiming to boost Southwest Virginia's economy despite workforce challenges.
Colonna’s Shipyard hires new CFO
Norfolk-based Colonna’s Shipyard has appointed Brian Waterfield to be its new chief financial officer, effective Monday.
Port of Virginia completes $450M dredging project
The Port of Virginia has finished a $450 million project to dredge commercial shipping channels and Norfolk Harbor to 55 feet deep.
Hampton Roads law firm secures naming rights to The Dome
Hampton Roads law firm Rutter Mills has secured the naming rights to Virginia Beach's massive entertainment venue, The Dome.
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.
