Here at Scout Logistics we like to highlight some of the major organizations, individuals, historical developments as well as significant facilities that have played substantial roles in evolving and optimizing the North American transport and logistics industry. After all, to get a good sense of where things might be going, it’s a good idea to take a look at our past – furthermore, not only does learning about our industry’s roots provide us with a greater understanding of our current position in a chronological continuum, but perhaps more importantly, it helps us to further develop a sense of vocational identity, and discover the landmark historical benchmarks that unite us as a continent wide family of dedicated professionals.
This week we would like to talk about a special location that has meant a great deal to us personally, and perhaps some of our readers as well. The NYC Hunts Point Terminal Market is the largest produce terminal (by revenue) of its kind in the entire world, and Scout Logistics has maintained an intimate relationship with them, delivering hundreds of loads their way each and every week of the year. While perhaps some of you are familiar with this supreme mammoth of a wholesale market hub, we figured we would give a rundown of some of the basics, for the benefit of the uninitiated.
Officially opened in 1967, the NYC Hunts Point Terminal Market sits on approximately 113 acres of property and comprises about 1 million square Ft of interior space. For the last 20 years it has operated as a Co-op with an elected team of board directors overseeing, and representing the interests of the 50+ fruit and vegetable markets operating within its boundaries.
Sounds pretty substantial? Well wait until you hear this: The Market space is also the source for over 50% of the entire New York region’s meats, and the collective markets within its walls supply food for approximately 22-33 MILLION people within the New York Metropolitan area. The facility employs over 3500 regular workers and at any given time there is somewhere in the ballpark of 8000 patrons at the Hunt market. On an annual basis, the Hunts Points markets collectively amass over $2 BILLION in revenue!
As a produce market, of a magnitude literally unparalleled across the globe, it is no wonder that both Municipal and State governance are maintaining a vested interest in helping the establishment grow. Recognizing the value of this one of a kind market, Both the city and state of New York have shown support for the facility and in 2011, the New York City Economic Development Corporation made arrangements to extend its lease for another 3 years. Meanwhile the Hunt Point Co-op and the NYCEDC were working together to develop a long term plan to create an even larger and more modernized such facility elsewhere in The Bronx. True to their collectivist ethos, The Market co-op is actively working towards finding an optimal development resolution that will allow them to maintain their unique and effective work mode, while at the same time addressing the growing demand of their services due to population growth and urban expansion.
As for The Hunts point Market’s relation to tuckers? Here at Scout we are a living testimony to the level of mutual understanding between this Mecca of a market space and the thousands of fleets and solo hauler’s that account for their shipments. With single driver owner/operator’s maintaining the shortest and most efficient means of transporting perishable goods, truck service is increasingly becoming the Hunts Point Market’s primary means of receiving and transporting their ceaseless chain of food and produce shipments. It can only be expected that positive relationships between truckers and the Hunts Point wholesalers are likely to increase from here on in.
Frankly, here at Scout we are quite happy to tell you about the NYC Hunts Point Terminal Market, not only is it the be all and end all of produce wholesale in New York City, but they have also proven over the years to be a reliable friend to the trucking industry, and a quintessential example of a large scale organization that manages to maintain an exemplary combination of both financial lucrativity as well as integrity.