Philadelphia doubles intermodal incentive
The port of Philadelphia has doubled the size of an incentive designed to bring more intermodal traffic through the port.
The Philadelphia Regional Port Authority (PRPA) said that effective immediately, participating ocean carriers that utilize its marine facilities and any of the Class I railroads in the port district for the movement of their containers will receive a $50-per-container incentive compared to the $25 previously offered.
Also, previous 'benchmark' guarantees on the part of participating carriers have been removed. Now all containerized cargo loaded to or discharged from vessels calling at PRPA maritime facilities and utilizing a rail intermodal move is eligible for the incentive.
The program 'has been a valuable tool to encourage worldwide ocean carriers to sample our port and our excellent rail connections,' said James T. McDermott, Jr., executive director of the PRPA.
Three Class I rail lines service the Port of Philadelphia: Norfolk Southern, CP Rail, and CSX. The port said they provide on-dock or near-dock service at all PRPA maritime facilities.