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Estes trucking subsidiary to buy Minn. supply chain co.
Estes Forwarding Worldwide, a wholly owned subsidiary of Richmond-based Estes Express Lines, plans to acquire Superior Brokerage Services, a Minneapolis-based, single-sourced supply chain company specializing in domestic and international transportation, U.S. customs brokerage services and warehousing. Terms of the deal were not[...]
Richmond airport sets new travel record
Just two months after shattering its monthly passenger record, Richmond International Airport has done it again. The Capital Region Airport Commission on Wednesday announced that the airport counted 439,951 passengers for July, soaring past a record set in May when the airport counted 431,416 passengers. By comparison, the airport counted 386,931 passengers in July 2019. […]
Dominion, Dulles solar project to power 37,000 Va. homes
A massive solar project that will soon begin to take shape at Washington Dulles International Airport will not only have the ability to power 37,000 Virginia homes, but will also send a message to travelers about the power of clean energy, officials said Tuesday during a ceremonial groundbreaking for the 835-acre Dulles Solar a[...]
8 Va. companies make 2023 Fortune Global 500
Eight Virginia-based companies made Fortune magazine’s 34th Global 500 list, released Tuesday, notably including the newly renamed RTX and Boeing Co. as Virginia’s second and third highest-ranking companies, both of which are also newcomers to the state, having moved their headquarters to Arlington County last year. Freddie[...]
Zim announces $30M expansion
Zim American Integrated Shipping Services Co. LLC will invest $30 million to expand its U.S. headquarters in Virginia Beach, creating several hundred jobs over the next five years, Gov. Glenn Youngkin announced Tuesday. The expansion includes a move from Norfolk, where the company has had its U.S. headquarters since 2001. Zim is[...]
Buc-ee’s to open in New Kent by 2025
It’s official. Buc-ee’s, the Texas-size travel center chain, completed its purchase of property in New Kent County and will open its first Virginia location in the next two years, with three more slated across the state, S.L. Nusbaum Realty Co. said in a news release. A groundbreaking date for the New Kent site has n[...]
Richmond airport CEO to chair national board
Perry J. Miller, president and CEO of the Capital Region Airport Commission, which includes Richmond International Airport, has been elected 2023-24 chair of the American Association of Airport Executives, the world’s largest professional organization representing individuals who work at public-use commercial and general a[...]
Potomac Yard-VT Metro station opens in Alexandria
In its heyday during World War II, Potomac Yard handled freight for six different railroads and employed 1,500 workers to keep trains moving, until it succumbed to economic pressures. On Friday, after decades of planning, the transformed former rail switching yard opened as Metro’s 98th station, serving the Yellow and Blue[...]
Boeing reaches $40B deal with Ryanair
Irish air carrier Ryanair plans to order as many as 300 Boeing 737 MAX-10 aircraft from Arlington County-based Fortune 100 contractor Boeing Co. in a $40 billion deal, the two companies announced Tuesday. Subject to approval by Ryanair’s stockholders, the deal includes a firm order from the airline for 150 aircraft and an opti[...]
Electric avenue
Electric trucks still have some shortcomings — including difficulties covering long distances, and the fact that it’s taken manufacturers as long as five years to deliver on some vehicle orders — but Virginia trucking companies are nonetheless forging ahead. For instance, in addition to its 22 diesel trucks, Camrett Logist[...]
Miles to go
Virginia’s largest-ever highway construction project, the $3.9 billion Hampton Roads Bridge-Tunnel (HRBT) expansion, continues to dominate the state’s ongoing roadwork projects. Construction began in October 2020. The contractor — Hampton Roads Connector Partners, a joint venture led by Dragados USA Inc. that includes Vinc[...]
Boeing lands $313.4M Super Hornet life extension contract
Arlington-based Boeing Co. has received a $313.4 million contract modification to upgrade and extend the service life of 25 Navy Super Hornet jet fighters, the Pentagon announced Wednesday. The contract includes non-recurring engineering, system engineering program management and Block III avionics upgrades to extend the service[...]
