USA: Bright Future for PRPA
- Business & Finance
With activity at the facilities of the Philadelphia Regional Port Authority (PRPA) recently passing the halfway point of 2014, cargo statistics compiled for period of January 1 to June 30 strongly suggest that this will be another year of major successes at the Port of Philadelphia, with the fifth year of double-digit cargo growth a likely probability by year’s end.
Comparing the period of January to June 2014 with January to June 2013, containers have increased more than 29 percent; breakbulk cargoes have increased almost 13 percent; Roll-On/Roll-Off cargoes have increased almost 5 percent; and liquid bulk cargoes have increased more than 4 percent.
All told, total cargo tonnage at PRPA facilities is up over 13 percent when comparing January to June 2013 with January to June 2014.
“As I commented this past spring when preliminary cargo figures began rolling in, we’re really entering a great period here at the Port of Philadelphia,” said PRPA Chairman Charles G. Kopp, Esq.
“Between our aggressive terminal operators, our expert labor force, PRPA’s dedicated professional staff, the excitement created by the Delaware River Channel Deepening Project, and the excellent support we’ve received from Pennsylvania Governor Tom Corbett and his administration, the Port of Philadelphia has a formula in place for continued high performance, and I don’t think that is going to change.”
Press Release, July 28, 2014