Port of Jacksonville volume falls 5pc to 1.27 million TEU in FY2020
THE Jacksonville Port Authority (JAXPORT) posted a five per cent year-on-year decline into container year volume in financial year 2020 to 1
12 November 2020 - 19:00
JAXPORT, one of the nation's most diversified ports, also moved nearly a total of 547,500 vehicles during the year, maintaining its position as one of the nation's busiest vehicle-handling ports.
An increase in US military vehicle movements at the port helped to offset the industry-wide decline in commercial shipments due to the temporary shutdown of auto manufacturing over the summer caused by the coronavirus.
Despite major global supply and demand challenges due to Covid-19, the port's revenue remained steady in FY20, at more than US$65.1 million, down seven per cent for the year.
'Our employees, union workers, tenants, and port partners have all done a tremendous job keeping the goods we all depend on moving uninterrupted through JAXPORT during this time,' said JAXPORT CEO Eric Green.
In addition to being Florida's No 1 container port and the nation's second-busiest vehicle handling port, JAXPORT other cargoes include breakbulk, dry and liquid bulk, heavy lift, refrigerated cargo, forest products, high and heavy, liquefied natural gas (LNG), and US military cargo.
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