Horizon Lines Moving To Philadelphia
PHILADELPHIA, March 7, 2013 /PRNewswire/ -- Holt Logistics Corp. announced today that Horizon Lines, one of the premier shipping companies servicing the US East Coast and Puerto Rico, will move its Northeast Port of Call to Philadelphia from Elizabeth, N.J. starting in April.
The arrival of Horizon, in a deal first contemplated more than four years ago, provides the Port of Philadelphia with a major new carrier that will provide an outstanding opportunity to expand trade connections between the Greater Philadelphia region, Puerto Rico and the Caribbean. The parties anticipate that Horizon will be calling Philadelphia on a weekly basis starting on April 11 th.
"This is a big win for our Port and our region," said Tom Holt, Jr., President of Astro Holdings Inc., the lessee for Packer Avenue Marine Terminal in South Philadelphia. "Packer provides Horizon with a better service and a lower-cost alternative. That allows them to service their customers more efficiently. And for us, Horizon provides a great new direct trade connection with Puerto Rico and the Caribbean region."
"Horizon Lines is a big fish in our pond," continued Holt. "We look forward to helping them service their customers and continuing to expand trade activity for our region." Horizon's decision will mean approximately 400 direct and indirect new jobs at the Port, Port-related businesses, and the region.
About the Packer Avenue Marine Terminal The Packer Avenue facility is equipped to handle both dry and refrigerated container cargo. The facility sits on 106 acres and has six vessel berths immediately below the Walt Whitman Bridge in South Philadelphia. The facility has on-site FDA, USDA and U.S. Customs services. About Holt Logistics Corp. Holt Logistics Corp. is a technology, marketing and corporate service organization. Holt Logistics Corp. provides transportation and logistics management solutions in dynamic segments of the transportation industry such as truck and rail transportation, marine terminal services, warehousing and logistics management. The philosophy of Holt Logistics Corp. and its client companies is to provide the safest, highest quality, and competitively priced cargo movement solutions for targeted market niches.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
