The cranes, which have been ordered from Shanghai-based equipment manufacturer ZPMC, are expected to arrive and become fully operational in late 2017. They will be able to service ships spanning 22 or more containers wide.
“These cranes will give Packer Avenue the ability to service the largest ships in the world,” said Thomas J. Holt Jr., president of Astro Holdings, LLC, the lease-holder of the Packer Avenue Marine Terminal, in a statement.
“With the recent opening of the Panama Canal expansion, we are excited to continue investing in our port facilities to accommodate the expected increase in volume for many east coast ports,” he added.
Other recent investments at the Packer Avenue Marine Terminal include a multimillion-dollar improvement project for the entrance/exit gate, technology and infrastructure enhancements, and the purchase of new reach stackers and refrigerated container plugs.
Holt Logistics and the Philadelphia Regional Port Authority are also jointly exploring a “densification” project at the Packer Avenue Marine Terminal that will significantly increase capacity on the terminal, with plans for additional capital expenditures totaling over $100 million.
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.
F3 Awards Dinner
The 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.
F3: Future of Freight Festival
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