HOUSTON–(BUSINESS WIRE)–USD Group LLC (“USDG”) announced today the commencement of automobile
roll-on/roll-off (“RORO”) activities at its Pier 122 in Philadelphia
following successful commercialization and infrastructure improvement
initiatives. USDG’s deep-water facility at Pier 122 is strategically
located in close proximity to the NS and CSX railroads, as well as the
I-95 corridor, and provides multi-commodity, multi-modal logistics
capabilities. USDG entered into commercial agreements with subsidiaries
of DelVal Realty Group, LLC (“DelVal”) and Hyundai GLOVIS (“Glovis”), as
well as the Port of Philadelphia (“PhilaPort”), for the use of Pier 122
and adjacent land to facilitate more effective and efficient automobile
distribution throughout the Mid-Atlantic and Northeast, including
imports from South Korea and other overseas manufacturing facilities.
The facility is also well-positioned to support exports of U.S.
manufactured cars.

In preparation for RORO operations, USDG invested in multiple
infrastructure improvements to modernize and enhance the accessibility
of Pier 122 and related facilities.

“We are proud to partner with PhilaPort, DelVal and Glovis to bring the
first cargo ship activity to Pier 122 in more than twenty years,” said
Kevin LaBorne, USDG’s Vice President, Business Development. “We look
forward to executing on future development opportunities that bring
additional growth and high-quality jobs to the port and surrounding
areas.”

“Our partnership with USDG, a proven developer, allows us to more than
double our operating capabilities at a world-class facility,” said Glenn
Clift, President and CEO of Glovis. “We are committed to being a
valuable partner to the Philadelphia community, supporting family-wage
jobs and sustainable economic activity.”

“This meaningful expansion of RORO operations at PhilaPort demonstrates
the competitive positioning of the Port’s assets and affirms the value
of the Commonwealth of Pennsylvania’s recently-announced capital
investment program,” said Jeff Theobald, Executive Director and CEO of
PhilaPort.

USDG holds development rights for additional multi-modal logistics
solutions at Pier 122, which may include energy-related infrastructure
in the future. Current operations represent approximately twenty-five
percent of the dock capacity.

About USD Group LLC

USDG and its affiliates are engaged in designing, developing, owning,
and managing large-scale multi-modal logistics centers and
energy-related infrastructure assets across North America. USDG is an
industry leader in the development of unit train terminals for the
transportation of energy-related products. For more information, please
visit the company’s website at www.usdg.com.

Contacts

Gooden Group
Meg Martin, (405) 397-6156
[email protected]