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Fed’s Fifth District economy grows slightly
Strong consumer spending drives growth
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest
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Fed Fifth District economy shrinks slightly
Customers push back on price growth in several industries
Published
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has contracted slightly since March, according to the latest
CV International subsidiary acquires Ga. shipping company
Capes Shipping Agencies purchased Ryan Ship Services
Published
Norfolk-based CV International Inc. subsidiary Capes Shipping Agencies announced Wednesday that it had acquired Savannah, Georgia-based Ryan Ship Services LLC. Financial terms of the transaction were not disclosed. “This merger
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Fertilizer shortage hits Va. farmers
Russia's invasion of Ukraine rockets fertilizer prices
Published
Lewis Everett farms cotton, peanuts and small grains in Southampton County, on the Virginia-North Carolina line. He expects to take a loss this year due to the rising costs of
Port of Va. had $100B+ economic impact in FY21
Port set cargo handling record amid pandemic
Published
Amid some of the toughest months of the pandemic, the Port of Virginia set cargo records, processing more than 3.2 million TEUs (20-foot equivalent units) for the fiscal year ending
Transportation
Maritime | Ports | Logistics
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ED ALDRIDGE PRESIDENT, CMA CGM AMERICA LLP AND APL NORTH AMERICA, NORFOLK Aldridge took over as president of CMA CGM America in June 2020, and he has served as president
The soybean dilemma
Va. soybean exports to China plunged under Trump; would Biden do better?
Published
One thing’s for certain: The one-two punch of the U.S.-China tariffs battle followed by the coronavirus pandemic has hurt farmers in Virginia. But opinions are divided on the future of