PhilaPort expands capacity and connectivity

Located adjacent to PhilaPort’s SouthPort Marine Terminal, the site offers deep water access, rail connectivity and highway links, making it a rare and strategic asset for future port development.

“This is a generational opportunity for the Port of Philadelphia,” said Michael Pearson, chair of the PhilaPort board of directors.

“The Mustin Yard site gives us the space to grow and the ability to open doors for more people, especially those seeking careers in maritime.”

The acquisition supports the goals outlined in PhilaPort’s recently released Strategic Plan: Destination 2040, which charts a path for long-term growth, competitiveness and job creation. The port, which set records for container volumes and auto imports in 2024, is now poised to boost cargo capacity, attract new business and create thousands of new jobs.

The Mustin Yard includes a fully developed intermodal transfer facility, which PhilaPort and Norfolk Southern plan to activate, enhancing supply chain connectivity across rail and maritime networks.

Jeff Theobald, PhilaPort executive director & chief executive, called it ‘one of the most transformative moments in our history’, adding, “This gives us the capacity to grow in ways we’ve only imagined.”

The transaction was finalised on 30 September.