Industries
Advantages for Supply Chain Management
- Total employment of more than 600,000 in the Richmond metro area includes 25,000 in wholesale trade and 21,000 in transportation and warehousing.
- The area is a military logistics center and home to the U.S. Army Logistics University at Fort Lee and to Defense Supply Center Richmond.
- Area community colleges offer occupational and technical training, including customized programs for individual employers.
- Virginia State University offers degree programs in Industrial and Logistics Technology.
- Virginia is a right-to-work state with low levels of unionization and union election activity.
- Greater Richmond is strategically located at the mid-point of the East Coast.
- Interstates I-64, I-95, I-85, and I-295 converge in the metro area.
- 55 percent of the nation's consumers and manufacturers are within two days delivery by truck from Greater Richmond.
- There are more than 100 motor freight companies and brokers.
- Fed Ex and UPS district hubs are located in the area.
- The Port of Richmond is served by 64 Express barge service.
- The Port of Virginia at Hampton Roads, the third largest container port on the U.S. East Coast, is within 100 miles.
- CSX and Norfolk Southern provide rail service.
- Foreign Trade Zone 207 at Richmond International Airport allows companies to defer paying customs duties on goods until they leave the zone for domestic consumption.
- Workers' Compensation and Unemployment Compensation costs are among the lowest in the nation.
- Building costs are 15 percent below the national average.
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Industry news
- Richmond area home to six Fortune 500 companies
- Amazon recruiting for some jobs at local sites
- Va. sells beef cattle directly to Canada
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