A new report, “the State of Florida Ports,” has been released by the Florida Ports Council. The report details the economic status and impact of each port.
The report details the funding and planning being taken into account in order for the ports to accomplish their goal of creating jobs, boosting economic activity, and capturing future international and domestic business for Florida. Florida seaports are competing with seaports from other states to achieve these goals.
In order to meet the funding requirements to keep the port running, Florida seaports have embraced private-public partnerships, meaning that they receive funding from federal and state agencies, as well as private-partnerships.
As a result of this funding, Port Everglades has been able to contract with Florida East Coast Railways in order to facilitate easier transportation of items coming into the port, Port Miami has invested over $2 billion in various improvements to support cargo and cruise growth, and Port Tampa has contracted with CSX and Kinder Morgan Energy Partners to complete a multipurpose design meant to handle ethanol cars or intermodal containers.
“This is an extremely competitive business and Florida’s ports have already stepped up to the plate.”
Source: Dredging Today