Fitch affirms 'A' rating on JAXPORT bonds
Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s $87.4 million in outstanding revenue bonds, citing the port’s strategic location, intermodal connectivity, growing automobile volumes and diverse revenue base.
“This rating is another positive reflection of everything that we’re doing to maximize JAXPORT’s competitive advantages and continue to grow cargo volumes,” said JAXPORT CEO Eric Green. “We are encouraged by the growth we’ve experienced and confident the trend will continue well into the future.”
Read more at FitchRatings.com.