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PhilaPort Special May 2021

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www.joc.com It is worth noting that Trans American maintains a 90 percent retention rate with its drivers, who average more than 20 years of experience. As global trade and economies accelerate in 2021 and beyond, following the widespread turbulence of 2020, the abrupt shift into high gear is generating bottlenecks across industries and supply chains, revealing both obstacles and opportunities. For the Philadelphia region, one of its greatest strengths is less congestion and more room to grow and expand compared to its larger competitors. "We're fortunate to have a lot of open space in the hinterlands around the port that can accommodate growth," said Larry Antonucci, president of 721 Logistics and its perishables division, J&K Fresh East. "For years, we lacked an intermodal rail connection. Now that we have that critical piece, it positions us to better compete in the future, especially up and down the East Coast," he said. There's one other component that would help boost competitiveness, however. "We don't have an Asia ocean service yet," Antonucci said. "It's one of the most important initiatives moving forward. But, it's like the chicken and the egg … we're not going to get the cargo, until we have the assets in place," and the ocean carriers won't commit to developing a service until the freight is there. "In order to fully develop into a true regional trade hub, we need both air and ocean capabilities that can complement one another," he said. "The Philadelphia International Airport is doing a tremendous job [developing their air cargo business], so now we need to get the Asia ocean piece, and then we'll really have something that can compete on a regional basis with the big boys and make us more attractive." In the meantime, 721 Logistics' future growth will continue focusing on automation. "We're highly automated," Antonucci said. "We've always been a very tech-oriented company, and that's given us additional bandwidth to take on more business." The push toward a more digital supply chain has gained even more favor since the pandemic, as logistics providers and others sought improved supply chain visibility, tracking and tracing, and analytics. In that regard, the pandemic presented a silver lining, Antonucci suggested. "Most business had to automate. You had to work from home. It forced people to adopt more automation, and you either did it, or if you didn't, perhaps you're no longer in business," he said. The most compelling value proposition is the combination of logistics capabilities and the close-knit trade community inherent to the Philadelphia region, Antonucci said. "It's an asset that separates us from everybody else. There's close collaboration between governmental agencies like PhilaPort and others whose budgets come from the state. Then you have the labor unions, private companies, stevedores, a lot of different people and interests — it's a team approach. We're all working toward the shared goal of bringing more freight to Philly, and that won't happen with one entity working alone, it's got to be a team effort," he said. "For the future, I want to see all of us in Philadelphia continue growing, and I have all the confidence in the world that we will." For questions or comments, please email Special Projects Editor Emily DeVoti. email: emily.devoti@ihsmarkit.com HOLT LOGISTICS CORP. is a family- owned, single-source service provider of commercial, accounting, marketing, and technology services to marine terminal operators, warehouses, and logistics companies. The Holt Family tradition in the transportation industry began in Philadelphia, born from the drive and ambition of Leo Holt, who began modestly with the purchase of a single truck in 1926. Together with his two sons, Tom and Leo, they made their foray into the world of truck transportation. Today, Tom Holt's sons and grandsons build on his legacy of innovation and old-fashioned hard work in the transportation world. Our mission is simple and complex at the same time: One Call, One Provider. In 2020, Holt Logistics Corp., through its independently managed affiliate companies, offers end-to-end port, warehouse, truck brokerage, and logistics solutions for importers and exporters. The portfolio of facilities includes the Packer Avenue Marine Terminal, the Gloucester Marine Terminal, Broadway Pier 5 Marine Terminal, the Paulsboro Marine Terminal, and Pier 122 (all operated by independently managed affiliates of Holt Logistics Corp.) Located in the Port of Philadelphia, these terminals have direct access to distribution routes that span across North America and into Canada, and offer direct unloading of freight from all vessel types to warehouse, rail, or truck. In a variety of cargo segments, these facilities are renowned for their highly productive and safe operations. Our vertically integrated supply chains solutions are designed to streamline and simplify our customers' supply chains. Likewise, all these operations are supported by state-of-the-art technological and system development. We specialize in connecting distributors' operating systems to measurable business data. Designed by our dedicated staff of programmers, the terminal operations and warehouse management systems were designed to deliver direct insight into our customers' supply chain logistics. As we look to the future, we are focused every day on continued commercial development and facility customization. We collaborate with customers to acquire and develop properties and facilities that provide future opportunity for the growth and development of the port areas and the capacity to serve generations of family- sustaining jobs for the next 100 years. n Be part of the family A SPECIAL ADVERTISING SUPPLEMENT OF THE JOURNAL OF COMMERCE 38 | May 24 2021 PHILADELPHIA TRADE & LOGISTICS

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