POST Online Media Lite Edition



 

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

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

Article continues below



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.


What to read next

PhilaPort breaks monthly cargo records
ACCC takes action against NSW Ports
Port of Barcelona fastest-growing European port