Jacking Up Jacksonville’s Handling Needs Major Investment, Big New Customers — Panjiva
Más

Panjiva_research_logo

Jacking Up Jacksonville’s Handling Needs Major Investment, Big New Customers

Corp - Ports 661 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3301

The Jacksonville Port Authority (Jaxport) and Carrix Inc.’s SSA Marine have signed a $238.7 million, 25 year deal to expand the Florida port’s facilities. That followed a 38.8% rise in containerized freight handling in 2018 versus 2015 and demonstrates the significant expense and extended timeframes involved in port developments. Jaxport is still only the third largest port in Florida with 266.2k TEUs of inbound traffic in 2018 being just 35.4% the level of Miami’s. Yet, an expanded port could attract customers from the surrounding region including those that currently use the port...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.