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Fed says Fifth District economy growing moderately
Companies see increased demand but continuing labor shortages
, the Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been seeing moderate economic growth in recent weeks, according to the latest edition
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Norfolk shipping, logistics company to create 400 jobs through $36M expansion
CMA CGM Group to also create startup incubator in Arlington County
Published
Shipping and logistics company CMA CGM Group will keep its North American headquarters in Norfolk and invest $36 million to expand its Hampton Roads and Northern Virginia operations, creating more
New Port of Virginia chief named
Stephen Edwards of L.A.-based TraPac LLC to replace Reinhart
Published
Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry experience, will be the Virginia Port Authority’s new CEO and executive director, the authority’s Board of
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Transportation
Maritime | Ports | Logistics
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ED ALDRIDGE PRESIDENT, CMA CGM AMERICA LLP AND APL NORTH AMERICA, NORFOLK The CMA CGM Group serves 80% of the world’s commercial ports with a 502-vessel fleet and 110,000 employees.
Port expansion project nears finish line
Final cranes delivered to Norfolk International Terminals last week
Published
The Port of Virginia announced Monday that the final group of stacking cranes needed to complete the $375 million crane addition portion of expansions at both the Norfolk International Terminals
“Port host communities” receive revitalization funds
Port Host Communities Revitalization Funds will assist projects in Newport News, Norfolk and Portsmouth.
Published
The General Assembly allocated $1 million in grants to redevelop port-related properties in Virginia’s “port host communities,” including Newport News, Norfolk and Portsmouth, Gov. Ralph Northam announced Tuesday. The goal
Port of Virginia begins $350M dredging project
The project to make Virginia the East Coast’s deepest port launched 2.5 years early.
Published
The dredging project to make Virginia the East Coast’s deepest port has begun nearly two-and-a-half years earlier than expected, The Port of Virginia announced Monday. Dredging work started Dec. 2