In April, the Philadelphia Regional Port Authority and Holt Logistics Corp. reached an agreement with Hyundai Motor Co. and its logistics affiliate, Glovis of America, to import and process the cars. Holt Logistics Corp. has a long-term lease with PRPA to operate the Packer Avenue Marine Terminal.
Seven vessels are to arrive in August, bringing more than 17,000 Hyundai and Kia vehicles. Over the course of a year, about 100 ships are expected.
The Hyundai 230, arrived late Monday carrying 1,811 vehicles from two ports in South Korea. On Wednesday International Longshoremen's Association work crews began unloading the vehicles from the vessel and transporting them to the adjacent auto finishing facility at Pier 98 Annex at Columbus Boulevard and Oregon Avenue, by the Walt Whitman Bridge. Once processed, the vehicles will leave by truck, and possibly rail, for delivery to dealerships throughout the United States.
The imports, which previously moved through Baltimore and Newark, N.J., are expected to create 276 local jobs and 415 throughout the Philadelphia region.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now