These terminals are managed by the Philadelphia Regional Port Authority, PhilaPort,[2] an agency of the Commonwealth of Pennsylvania.
Port cargoes and the activities they generate are responsible for thousands of direct and indirect jobs in the Philadelphia area and throughout Pennsylvania.
In 1917, as part of the World War I effort, the U.S. government contracted American International Shipbuilding to build ships and a shipyard at Hog Island.
Holt Logistics is the largest private company in the Port of Philadelphia with automobiles and fresh fruit driving imports.
The DRPA decided to close the terminal rather than invest additional operating costs or capital improvements.
Its demise was attributed to a combination of the economic downturn, increasing size of cruise ships, and six hours needed to navigate the Delaware River before entering open ocean.
[22] federal court, presided over by judge Anita Brody, ruled down on June 14, rejected Penn Warehouse's financial demands and ordered the ship to be removed in 90 days until September 12, 2024 from Pier 82.