GLOVIS America Launches 32-Acre Vehicle Logistics Yard Expansion at Port Tampa Bay

en.Wedoany.com Reported - On November 9, GLOVIS America, a logistics company under South Korea's Hyundai Motor Group, reached a long-term site operating agreement with Port Tampa Bay in Florida, USA, adding approximately 32 acres (about 12.95 hectares) of vehicle logistics land adjacent to the dock berths. Upon completion of the expansion, the company's operating area at the port will increase from the existing 48.5 acres to more than 80 acres, a growth of approximately 66%, with vehicle storage capacity expected to reach about 10,000 vehicles, adding approximately 3,000 vehicle storage spaces.

The expansion is being implemented in two phases. The first 12-acre site began construction in August 2026, and the remaining 20 acres are scheduled for completion by the end of 2027. Construction work includes site preparation, infrastructure improvements and vehicle storage area development, which will ultimately form a vehicle stacking and processing yard directly connected to the dock berths. GLOVIS America will be fully responsible for operating the new area, which will be used for vehicle storage, loading and unloading connections, and vehicle processing operations.

In addition to the new land, GLOVIS America is also upgrading its existing facilities. A dock building of approximately 33,000 square feet (about 3,066 square meters) has been renovated, and a new car wash facility and auto body repair workshop are under construction. These facilities will supplement the capacity for cleaning, inspection and repair processing of imported vehicles after arrival, extending the dock operations from vehicle receiving and storage to pre-delivery processing.

The expanded site is adjacent to the port berths and close to CSX rail infrastructure and inland transportation corridors. After vehicles arrive at Port Tampa Bay via roll-on/roll-off vessels, they can be unloaded, stored and processed at the dock before being transported by rail or road to Florida and southeastern U.S. markets. Once the new site is operational, more vehicles will be able to be stored directly within the port area, reducing short-distance shuttle transportation to off-port storage yards.

Since GLOVIS America established its partnership with Port Tampa Bay in 2022, it has handled more than 160,000 vehicles through the port. This expansion increases the existing vehicle logistics operating area by approximately two-thirds, with the additional storage space primarily intended to accommodate growth in vehicle manufacturers' import and regional distribution operations and to provide site capacity for serving more original equipment manufacturer customers.

Port Tampa Bay has previously approved adjustments to the relevant lease agreement, extending GLOVIS America's original lease term from 10 years to 20 years, with two optional 10-year renewal periods. The long-term operating arrangement for the additional 32-acre site further expands the scope of cooperation between the two parties. With the remaining 20-acre site scheduled for completion by the end of 2027, GLOVIS America's vehicle logistics operations at Port Tampa Bay will form a larger-scale port-area storage, vehicle processing and inland distribution system.