Gulftainer’s Big Box Plans Need Big Lots and Other Pennsylvanians to Succeed — Panjiva
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Gulftainer’s Big Box Plans Need Big Lots and Other Pennsylvanians to Succeed

Corp - Ports 911 Corp - Shipping 1030 Mode - Containerized 1525 Mode - Seaborne 1846 U.S. 5404

Port operator Gulftainer will invest $600 million to build a 1.2 million TEU container terminal at the port of Wilmington, DE. Currently the port is deep-water capable but has focused on perishables. Around 66% of shipments arriving at the port in the past year were accounted for by fruit and vegetables. Wilmington could nonetheless provide a more convenient gateway for importers in Pennsylvania and the surrounding regions than Philadelphia (further upstream on the Delaware River) and even Newark. Leading importers in Pennsylvania include Electrolux (22k TEUs in the past 12 months) an...

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