Cargo Business Newswire

Tuesday, May 10, 2016

JaxPort grows Asian container volume by 16 percent

During the first six months of fiscal year 2016, JaxPort recorded 16 percent growth in Asian container shipments year-over-year, moving 157,689 TEUs compared to 135,429 TEUs in FY2015. JAXPORT's fiscal year runs Oct. 1 through Sept. 30.

JaxPort reports the Asian container trade is the fastest growing segment of its container cargo business, accounting for 33 percent of the business in the first six months of FY2016, up from 31 percent the same period in FY2015 and just 7 percent in FY2014.

JAXPORT offers direct trade with Asian ports
through both the Panama and Suez Canals and

currently 13 of the 17 global ocean carriers serving the Asia-U.S. trade lane offer service through JAXPORT.

Two major harbor improvement projects currently underway, including the project to deepen the Jacksonville shipping channel to 47 feet, will accommodate the largest container ships calling on U.S. East Coast container terminals.

The Florida port continues to invest in major growth projects including a new on-dock rail facility opening summer 2016, new 100-gauge container cranes to be operational at Blount Island in the fall and ongoing upgrades to terminal berths, docks and rail.