JAXPORT outlines initiatives that position Jacksonville for continued cargo volume growth

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Feb 15, 2024 | Press Releases

 During today’s State of the Port address, Jacksonville Port Authority (JAXPORT) Chief Executive Officer Eric Green outlined major growth initiatives currently underway in and around port terminals that are positioning Jacksonville for future cargo volume growth.

Hosted by the Propeller Club of the United States – Port of Jacksonville, State of the Port provided updates on JAXPORT’s infrastructure projects, business opportunities, and supply chain trends impacting Northeast Florida’s maritime industry to a crowd of more than 500 transportation and logistics professionals.

“JAXPORT and our partners have celebrated a series of significant developments already this year,” said CEO Green. “From the addition of new trade lanes and public-private partnerships to a new cruise service, we are building on our diversification of business and preparing for growth across key cargo types and business lines.”

Business developments so far in 2024:

On-terminal infrastructure projects currently underway:

On-terminal investments are driving growth outside JAXPORT’s gates with the addition of new industrial real estate. According to real estate firm Cushman and Wakefield, new commercial leasing activity in Jacksonville totaled 3.7 million square feet in the third quarter of 2023, a historic high for the Jacksonville market.

During the event, CEO Green announced that baby products supplier Frida is the latest global brand to expand its distribution business in Jacksonville. Frida, the brand behind the well-known SnotSucker nasal aspirator, recently opened a new 270,000-square-foot distribution center in Westlake Industrial Park in West Jacksonville. The company ships nearly all of its U.S. cargo through JAXPORT.

International brands are recognizing Jacksonville’s advantages and opening distribution centers and warehouses near port terminals, ultimately creating jobs and economic impact for the region and state,” said JAXPORT Chief Commercial Officer Robert Peek. “Jacksonville’s position as America’s Logistics Center continues to evolve because of the many investments and partnerships working to increase cargo handling now and into the future.”

In fiscal year 2023, JAXPORT moved more than 1.3 million containers, maintaining its position as Florida’s largest container port and one of the top 10 container ports in the nation. Cargo activity through Jacksonville’s seaport supports 138,000 jobs and $31 billion in annual economic output for the region and state. 

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