There is no tradition in Annals of Regional Science that the editors write editorials. However, as of 2020, the editors will each year write an editorial in which we report as well as reflect on recent developments of the journal. We hope that this will be of interest for our readers. This editorial is the first one and marks the start of the strategy to write a yearly editorial.We, i.e., Martin Andersson (Sweden), Hong Sok Kim (South Korea) and Janet Kohlhase (USA), are by some standards a rather new constellation of editors-in-chief (EICs). Janet Kohlhase became an editor in 2011, replacing professor Roger Stough.1 Martin Andersson joined as editor in 2014 and replaced professor Börje Johansson. Hong Sok (Brian) Kim became an editor in 2019 by replacing profes-sor Euijune Kim. The former EICs continue to be part of the journal in the capacity as members of the advisory board of former editors. We are all delighted to serve as EICs and are committed to maintain as well as to further develop the journal’s tradition of publishing high-quality and influential research that pushes the field of regional science forward.