Wednesday, June 7, 2023

US: Port Tampa Bay approves new lease with Glovis to expand Ro-Ro capacity

Glovis America recently announced plans to bring more cars through Port Tampa Bay, after the terminal’s Board of Commissioners approved a lease agreement to establish and grow its presence at the port.

The new agreement adds approximately 10.5 acres of vehicle storage area and 33,000 square feet of storage space to a vehicle processing center at Hooker Point. This will provide a total of 30 acres of terminal space dedicated to new vehicle storage.

“Port Tampa Bay continues to diversify its lines of business and we welcome the expansion of our Ro-Ro capabilities in partnership with Glovis. Glovis is a proven leader in auto logistics and this new agreement reflects their confidence in indicates that the Tampa market will continue to grow in the years to come,” said Paul Anderson, President and CEO of Port Tampa Bay.

Glovis Auto handles shipping, handling, warehousing and processing and expects to bring at least 70,000 vehicles through Port Tampa Bay each year. The lease is for 10 years, with the possibility of two additional extensions of five years each.

“Glovis America would like to thank the Port Tampa Bay Board of Commissioners, leadership and all employees for entrusting us with the commercial development of vehicle operations through the port. We approach this endeavor with immense pride and a recognized responsibility to the community. We predict that the Port will be particularly well positioned to benefit from US-bound electric vehicle production from Mexico, and we look forward to working with all stakeholders to be an excellent partner in what lies ahead. said Scott Cornell, CEO of Glovis Americas.

Nation World News Desk
Nation World News Desk
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