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PhilaPort now fastest growing port on U.S. East Coast

Christian Fernsby |
PhilaPort achieved a 7% increase in container volumes in 2020.

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Topics: PHILAPORT    U.S.   

This placed The Port of Philadelphia as the fastest growing container port on the U.S. East Coast.

These impressive cargo levels continue a decade-long trend of prosperity for the Port, which has realized 10% compound annual growth.

The worldwide COVID pandemic has created unprecedented difficulties for global supply chains. However, certain market sectors, such as perishables and forest products, have surged.

Additionally, PhilaPort saw a five-year historic high in forest product cargoes. For 2020, the Port was up 14%, and for the month of December the Port saw an increase of 61% vs. December 2019. For breakbulk alone, PhilaPort terminals handled 928,000 tons. Containerized forest products were estimated to be 20,000 units.

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