Hyundai Glovis seeks to expand vehicle logistics operations at Philadelphia port

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WASHINGTON, Oct. 19 (Yonhap) -- Hyundai Glovis Co., the logistics unit of South Korea's Hyundai Motor Group, said Monday it is seeking to expand its vehicle logistics operations at the Port of Philadelphia in the United States, including developing new facilities and entering the automobile terminal operating business.

The company said it recently signed a memorandum of understanding (MOU) with PhilaPort, the Pennsylvania port authority, and a local developer to cooperate on the port's expansion project, which includes developing automobile and container terminals.

Under the agreement, Hyundai Glovis plans to secure a new berth dedicated to car carriers, develop additional vehicle storage facilities and extend its existing land lease at the port through 2056.

The company was introduced as a key private-sector partner in the port expansion project during an announcement ceremony held last Tuesday, which was attended by Pennsylvania Gov. Josh Shapiro and state and port officials.

Hyundai Glovis, which has operated vehicle import and export logistics services at the port since 2010, currently manages approximately 1 million square meters of vehicle logistics space with storage capacity for 33,600 vehicles.

Once the planned expansion is completed, the company's operating area is expected to increase to approximately 1.12 million square meters, with storage capacity rising to 37,600 vehicles.

The company said it aims to strengthen its North American logistics competitiveness by integrating maritime transportation, terminal operations, vehicle storage and inland transportation, while expanding into heavy equipment and project cargo logistics.

Hyundai Glovis also plans to further develop Philadelphia as a key logistics hub on the U.S. East Coast, building on its role as an alternative gateway when operations at the Port of Baltimore were disrupted following the collapse of the Francis Scott Key Bridge in 2024.

This photo provided by Hyundai Glovis shows Pennsylvania Gov. Josh Shapiro (C), Philadelphia Mayor Cherelle Parker (2nd from R) and Glovis America Chief Executive Officer Scott Cornell (2nd from L), among other key attendees, at ceremony held at the Port of Philadelphia on Oct. 13, 2026. (PHOTO NOT FOR SALE) (Yonhap)

odissy@yna.co.kr (END)

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Hyundai Glovis seeks to expand vehicle logistics operations at Philadelphia port

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华盛顿，10 月 19 日（韩联社）——韩国现代汽车集团的物流部门现代格罗唯视公司周一表示，该公司正寻求扩大其在美国费城港的汽车物流业务，包括开发新设施并进入汽车码头运营业务。

该公司表示，最近与宾夕法尼亚州港务局 PhilaPort 和当地一家开发商签署了一份谅解备忘录 (MOU)，就港口扩建项目展开合作，其中包括开发汽车和集装箱码头。

根据协议，现代格罗维斯计划获得一个专门用于汽车运输的新泊位，开发额外的车辆存储设施，并将其在港口的现有土地租赁期限延长至 2056 年。

该公司在上周二举行的宣布仪式上被介绍为港口扩建项目的重要私营部门合作伙伴，宾夕法尼亚州州长乔什·夏皮罗以及州和港口官员出席了仪式。

自 2010 年以来一直在该港口运营车辆进出口物流服务的现代格罗唯视，目前管理着约 100 万平方米的车辆物流空间，可容纳 33600 辆汽车。

一旦计划中的扩建完成，该公司的经营面积预计将增加到约 112 万平方米，存储容量将增加到 37600 辆汽车。

该公司表示，其目标是通过整合海运、码头运营、车辆存储和内陆运输，同时拓展重型设备和项目货物物流业务，来增强其在北美的物流竞争力。

现代格罗维斯还计划进一步将费城发展成为美国东海岸重要的物流枢纽，巩固其作为替代门户的地位，以应对2024年弗朗西斯·斯科特·基大桥倒塌后巴尔的摩港运营中断的情况。

这张由现代格罗维斯提供的照片显示，宾夕法尼亚州州长乔什·夏皮罗（中）、费城市长谢雷尔·帕克（右二）和格罗维斯美国首席执行官斯科特·康奈尔（左二）等重要嘉宾出席了2026年10月13日在费城港举行的仪式。（照片非卖品）（韩联社）

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