New cranes, updated warehouses, and doubled cargo-handling space.
That is what is to come to the Port of Philadelphia in the near future as a result of Pennsylvania Governor Wolf’s $300 million investment, which is projected to bring 2,000 waterfront jobs and almost 7,000 trucker, rail worker, and port-related jobs.
“It truly is a ripple effect, and that is the benefit of these port jobs, blue-collar jobs,” said Tom Holt Jr., the Packer terminal operator in a Philadelphia Inquirer article. “The guys make their money here in the river, and they spend their money raising their families in the region.”
Besides being a massive job creator, the investment is expected to attract shippers that would usually go to the ports of New York or Baltimore.
The expansion of the Port of Philadelphia will both grow the region’s economy and uphold its position as a top emerging global logistics hub.