What is Stevedoring?
Stevedoring, operating from Pier 82 on the Delaware River in Philadelphia, is a comprehensive logistics provider. The company specializes in heavy lift operations with its mobile harbor crane, alongside extensive container handling equipment. Its facility boasts a 130,000 sq ft refrigerated warehouse featuring six individually controlled rooms, over 8,000 pallet positions, 100% humidification, and ample capacity for reefer plugs and truck loading docks. Stevedoring emphasizes operational excellence and safety, with a highly trained staff committed to recurrent training and staying abreast of industry advancements.
How much funding has Stevedoring raised?
Stevedoring has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Stevedoring?
The recent major strategic investment signals a pivotal growth phase for Stevedoring. This capital is expected to fuel expansion initiatives, potentially enhancing its infrastructure, technological capabilities, and service offerings within the competitive port logistics landscape. The company's focus on specialized services like heavy lift operations and refrigerated warehousing positions it for continued development and market penetration, leveraging its strategic Delaware River location.
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