Virginia Economic Review

Lance Harcrow is chief operating officer at Estes Forwarding Worldwide (EFW), a subsidiary of Estes Express Lines and a leading domestic and international freight forwarder headquartered in Chesterfield County.

Dr. Myra Blanco is chief growth officer at the Virginia Tech Transportation Institute (VTTI) and CEO of the university’s Dock to Door Coalition, a partnership of nearly 100 organizations across industry, education, and government that works to develop an integrated approach to modern freight transportation by solving critical supply chain issues.

Ashleigh de la Torre is vice president of public policy at Amazon, where she leads the company’s transportation and sustainability initiatives, supporting its operations, logistics, and delivery businesses across land, air, and sea.

COVID-19 has underscored the value of businesses embracing digital technologies in the healthcare space — from telehealth and remote patient monitoring to artificial intelligence (AI) for predictive analytics and diagnostic insights.

In recent years, the increased amount of available data — 64.2 zettabytes (equal to 1 trillion gigabytes) were created globally in 2020, compared to 2 zettabytes in 2010, according to Statista — and ways to analyze and use it have escalated the demand for data science professionals to fill data analyst, business intelligence engineer, and other roles.

E-commerce became the lifeblood of retailers and business-to-business (B2B) suppliers in 2020, yet the innovation that grew out of this need has disrupted industry norms forever. Research from the Retail Industry Leaders Association (RILA) and McKinsey & Co.

After a year of focusing on operations during the COVID-19 pandemic, data center investments are on the rise, with an eye on expanding capacity to meet pandemic-influenced changes in consumer behavior.

Consumers’ increasing demand for safe, sustainable, locally grown food is driving interest and investment in controlled-environment agriculture (CEA).

Across the wireless industry, 5G — the fifth-generation technology standard for broadband cellular networks, meant to deliver higher data speeds, lower latency, more reliability, and higher capacity — has been not just the next big thing, but a family of next big things.

Technological advancements, supply chain disruptions, and safety, environmental, and other sociopolitical factors are changing the way people and products move around the country. Manufacturers are leveraging technology, new business models, and infrastructure improvements to chart a future path.

Unmanned vehicles still seem like advanced technology, but in one form or another, they’ve been making inroads into civilian life for the last 15 years.

Could space-related businesses represent a $1 trillion industry by 2040? That’s the question posed by Morgan Stanley analysts in a recent report.