Rapid Globalization Leads to Industry Transformation of Older Ports

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The Greater Philadelphia’s maritime roots remain; rapid globalization and technological advancements are driving an industry transformation that has affected the role that Delaware River ports play in the larger economic system. Realizing container terminal activity is very important to the transport chain. The focus should be on the channel performance, including the internal process.

The impact of the growing trends in maritime commerce of the oldest ports is essential in establishing appropriate policies and investment decisions. A study performed by the Philadelphia Industrial Development Corporation and the Development Research Group was to review the port activity on both sides of the Delaware River. The research revealed varying issues in relationship to older port strategies. Included in the survey was the dynamics in which affect the environment. Such as, fuel consumption, air pollution, noise pollution, the shortage of over the road drivers and societies control of imported cargo. However, the largest concern is how to grab a piece of the grown international containerization shipments.

National governments performing in the national interest have traditionally played an important role the growth of ports. However, the national government has limited the essential services and security to these ports. The benefits of federal funding have been confined to special interest groups and the funding strategies remain as the leading effort in attracting and retaining businesses with large capital improvements. Funding for such improvements have extremely restrictive rules and ports underestimate their true cost of capital. Today, the investments in port improvements run into a huge sum of capital and public funds. ...

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...raffic patterns like strengthening their position in the automobile industry, and advancing their projects in expansion of container facilities.

References

Delaware Valley Regional Planning Commission (2008). Maritime Commerce in Greater Philadelphia. Assessing Industry Trends and Growth Opportunities for Delaware River Ports. Retrieved 05 Feb 2014 from http://issuu.com/cscoville/docs/

ports?e=1081547/2612839#

Fritzke, Herman E. Jr. A historical and critical review of the factors affecting the development of Unted States ports and their relationship to public policy. Retrieved 05 Feb 2014 from http://archive.org/stream/historicalcritic00frit/historicalcritic00frit_djvu.txt

Konings, R., Priemus, H., & Nijkamp, P. (2008). Future of Intermodal Freight Transport: Operations, Design and Policy. Northampton, MA: Edward Elgar Publishing.

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