Imports at Philadelphia port at all-time high in January
Linda Loyd / Philadelphia Inquirer
Cargoes were up 20 percent in January at the Philadelphia port, and containerized freight in 20- and 40-foot metal containers was up 34 percent, the best month ever, port officials said.
Imports increased 5.4 percent across all the nation's ports in January on higher shipments from Europe and China, said the research firm Panjiva, which tracks commercial shipments worldwide. In Philadelphia, the biggest increases were in goods from Chile, Panama, and Peru, said Christopher Rogers, an analyst with the firm.
"It's a lot of factors," including the strong U.S. dollar and the improving economy, said Eric Holt, whose family runs Packer Avenue Marine Terminal in South Philadelphia. The terminal has added several shipping services in the past year...
Full Article (via philly.com)
World Trade Center of Greater Philadelphia News
In January 2017 the Philadelphia port handled 50,152 20-foot equivalent units (TEUs), under the same month the previous year the port handled 36,813 TEUs. TEUs is a standard measure for container cargo.
Watch this space for WTCGP news, events, press, and more!