USD Group Announces Commercial Agreements and Infrastructure Improvements at Pier 122 in Philadelphia to Support Doubling PhilaPort’s Automobile Throughput Capacity
HOUSTON / June 28, 2017
USD Group LLC (“USDG”) announced today the commencement of automobile roll-on/roll-off (“RORO”) activities at its Pier 122 in Philadelphia following successful commercialization and infrastructure improvement initiatives. USDG’s deep-water facility at Pier 122 is strategically located in close proximity to the NS and CSX railroads, as well as the I-95 corridor, and provides multi-commodity, multi-modal logistics capabilities. USDG entered into commercial agreements with subsidiaries of DelVal Realty Group, LLC (“DelVal”) and Hyundai GLOVIS (“Glovis”), as well as the Port of Philadelphia (“PhilaPort”), for the use of Pier 122 and adjacent land to facilitate more effective and efficient automobile distribution throughout the Mid-Atlantic and Northeast, including imports from South Korea and other overseas manufacturing facilities. The facility is also well-positioned to support exports of U.S. manufactured cars.
In preparation for RORO operations, USDG invested in multiple infrastructure improvements to modernize and enhance the accessibility of Pier 122 and related facilities.
“We are proud to partner with PhilaPort, DelVal and Glovis to bring the first cargo ship activity to Pier 122 in more than twenty years,” said Kevin LaBorne, USDG’s Vice President, Business Development. “We look forward to executing on future development opportunities that bring additional growth and high-quality jobs to the port and surrounding areas.”
“Our partnership with USDG, a proven developer, allows us to more than double our operating capabilities at a world-class facility,” said Glenn Clift, President and CEO of Glovis. “We are committed to being a valuable partner to the Philadelphia community, supporting family-wage jobs and sustainable economic activity.”
“This meaningful expansion of RORO operations at PhilaPort demonstrates the competitive positioning of the Port’s assets and affirms the value of the Commonwealth of Pennsylvania’s recently-announced capital investment program,” said Jeff Theobald, Executive Director and CEO of PhilaPort.
USDG holds development rights for additional multi-modal logistics solutions at Pier 122, which may include energy-related infrastructure in the future. Current operations represent approximately twenty-five percent of the dock capacity.
About USD Group LLC
USDG and its affiliates are engaged in designing, developing, owning, and managing large-scale multi-modal logistics centers and energy-related infrastructure assets across North America. USDG is an industry leader in the development of unit-train terminals for the transportation of energy-related products. For more information, please visit the company’s website at www.usdg.com.
Gooden Group Public Relations