Henrico, Virginia, Home to One of the Fastest-Growing Airports in the Nation

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Mar 17, 2020, 09:01 ET

HENRICO, Va., March 17, 2020 /PRNewswire/ -- According to a new report by Upgraded Points, Henrico's Richmond International Airport (RIC) is the 13^th-fastest-growing airport in the country, and Transport Topics has ranked it among its 100 Busiest Cargo Airports. By leveraging this active transport hub, business owners – and their merchandise – can reach more of the world in record time.

"Henrico is a global company's logistics dream and a major reason more than 90 international companies have landed here," says Anthony J. Romanello, executive director of the Henrico Economic Development Authority. "Our airport handles an impressive 140 million pounds of air cargo annually, proving it can handle massive shipments. Moreover, RIC continues to make all the right moves to provide the types of air services companies need to gain a competitive edge."

For global shipping, area businesses take advantage of FedEx Express, the world's largest air cargo carrier. The company offers time-definite service that can deliver goods from Henrico to most world markets in three days or fewer. Businesses also leverage UPS, one of the world's largest custom brokers with offices in more than 60 countries. UPS helps ensure compliance and clears 97% of international shipments through customs on the same day. In terms of U.S. distribution, businesses can use integrated air carriers to reach 50% of the country's population within 24 hours.

Equally advantageous is RIC's designation as Foreign Trade Zone #207, which businesses can leverage to strengthen their supply chain by reducing production, transaction, and logistics costs.

RIC is also growing the passenger side of its business. To make business travel easier, RIC features seven carriers offering 170 daily flights to major domestic destinations with quick connections available to reach cities around the world. An upcoming $24.49 million Concourse A expansion will add an additional six airline gates and make travel even more seamless.

"RIC is expanding routes and increasing carriers so business owners can get where they need to be quickly," says Romanello. "When air service is time sensitive and delays can make or break them, international businesses love that RIC helps them connect with markets faster – not to mention stretch their dollars further."

About the Henrico EDA
Located in the heart of the Eastern Seaboard, Henrico is an AAA-bonded county adjacent to Virginia's capital city of Richmond. The EDA is your single point of contact for business development and site selection services. Find properties and run reports with our GIS tool, HenricoProperties.com. Learn more about White Oak Technology Park, a master-planned high-tech manufacturing center, at whiteoaktechpark.com. Visit Henrico.com for the latest news and to sign up to receive our Property Now and Henrico Now newsletters.

SOURCE Henrico EDA