Jacksonville has time on its side
News that the Port of Jacksonville, is taking a bit more time to expand makes plenty of sense to analysts
in the NewsState of Logistics 2016: Pursue mutual benefit ATA and Cass data continue to point to signs of confusion for the freight economy AAR reports more declines for week ending October 8 Dairy industry leader builds on mobile racking system success Fast Deliveries to Grow by 40 percent Year-on-Year Until 2025, Says New Study More News
News that the Port of Jacksonville, is taking a bit more time to expand makes plenty of sense to analysts.
According to Jock O’Connell, Beacon Economics’ International Trade Adviser, the nation’s supply chains are being reconfigured due to a dynamic shift in workforce populations.
“Most U.S. multinationals are moving from the west and southwest to the deep south and gulf regions,” he says. “And that means that the cargo flows are going to be directed to ports in the region with the best infrastructure and services.”
Container throughput and volume figures released late last year by the Jacksonville Port Authority support this contention. According to Chris Kauffmann, who served as the port’s interim executive director, the gateway moved a record number of containers in fiscal year 2010 — the second consecutive year of container growth for the seaport — and marked a decade of consistent growth in earnings.
“The momentum is building and we look for more positive news in the new fiscal year,” he says.
And now that the port has former Federal Maritime Commissioner (FMC) A. Paul Anderson leading the team, a focus on services should also be key. Prior to serving on the FMC, he was a senior fellow of the Transportation and Infrastructure Committee at the U.S. House of Representatives.
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
European Logistics Update: Post-Brexit U.K. moving ahead, but in which direction? Badcock Home Furniture &more: Out with paper, in with Cloud TMS View More From this Issue