Investment in Philadelphia Port Could Lead to Lower Car Shipping Prices
The port of Philadelphia has never been a major auto transport location, not with Baltimore so close. But with Pennsylvania looking to invest $300 million into the city’s port, Philadelphia may see more overseas auto transport freight – and lower car shipping prices to boot.
The investment in the Port of Philadelphia should “create thousands of family-sustaining, middle-class jobs” while also increasing revenues for the state overall. Part of the traffic that will go through the Philadelphia port? Auto transportation traffic.
This isn’t just speculation – the Port of Philadelphia is going to invest $200 million will be used to expand the main container operations. Also, some of that money is earmarked for auto shipping endeavors. This is great news if you’re shipping a car overseas, as it will likely lead to lower car shipping prices.
Do they ship cars out of the Port of Philadelphia?
As mentioned, most overseas shipments – especially to Europe – go through the Port of Baltimore. The reasons are many, but it’s usually a good one is price. Some cars go out of the Port of Philadelphia, but not very many. Most of the 150,000 automobiles moved out of the port are headed for dealerships in the eastern U.S. This can lead to higher car transport prices and longer wait times. But with this new investment into Philly’s port, shipping companies may be able to offer lower car shipping prices for customers.
It really all depends on how much they expand the car transport sector at the port. The port in Baltimore sees a lot more traffic due to lower prices. This is especially true for shipments from Britain and France, but the port handles traffic from across the world.
Miami is another major port on the east coast. Having a third, especially closer to New York City, would probably help tremendously when it comes to lower car shipping prices.
The upgrades would also make the Port of Philadelphia cleaner, particularly with air and water pollution. Ports in California have already switched to shore power to keep docked boats and ships with electricity. Hooking up birthed ships to shore power instead of forcing them to rely on an onboard generator can reduce pollution as well as overhead for the cargo ships. This too can lead to lower car shipping prices.
Is this going to change immediately?
No. The upgrades to the Port of Philadelphia will take time to implement. This isn’t a surprise, but for now it’ll likely be the same for a while. If you’re interested in shipping a car, be it to Philadelphia, overseas, or anywhere else, make sure to give us a call. We can get you free quotes from top car transport companies free of charge. We clear all of them for dependability and reliability, and we make sure they’re fully licensed and bonded and top-rated. If you have questions or concerns, don’t hesitate to contact us any time at 800-930-7417.