Subscribe to our free, weekly email newsletter!


Resurgent Port of Jacksonville opposes punitive taxes

According to spokesmen for the Port of Jacksonville, Law 154 could hurt business there, too, in the short-term
By Patrick Burnson, Executive Editor
November 11, 2010

Ocean carriers serving the U.S.-Puerto Rico trade may not be the only ones to feel the impact of a discriminatory tax on multinational companies.

According to spokesmen for the Port of Jacksonville, Law 154 could hurt business there, too, in the short-term.

“The worst part about it,” said Raul Alfonso, the port’s senior director, trade development & global marketing, “is that it came out of the blue. We were completely surprised by the move.”

“Fortunately for the port, we have several other vibrant markets to serve.”

In an interview with LM, Alfonso said that the port had double-digit growth in the past fiscal year, and that they are projecting sustainable commercial activity in 2011.

“Naturally,” he said, “the real significant date for us is 2014 when the Panama Canal is widened.”

The Jacksonville Port Authority, also known as JAXPORT, is the independent government agency that owns, operates and controls much of Jacksonville’s Seaport System. According to Alfonso, JAXPORT is determined to differentiate its services by refining logistics.

“We have invested the money in our distribution infrastructure,” he said, “so that we can capture north-south deployments and be ready for increased all-water service via Asia-EU.

Panama Canal expansion is preceded by Hanjin Shipping’s plan to build a new terminal on Dame’s Point. It has reserved 90 acres for their container terminal, which is projected to open during 2013.

Alfonso said that he will following this issue and others raised at the National Industrial Transportation League’s annual meeting in Ft. Lauderdale next week.

“We have a lot be optimistic about,” he said. “And we feel that shippers will help us fight against taxes that hinder trade…no matter where they are enacted.”

About the Author

image
Patrick 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 .(JavaScript must be enabled to view this email address).


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!

Recent Entries

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA