Port Everglades' New Intermodal Project

Press Release
Thursday, January 17, 2013
Port Everglades container terminals: Photo credit Port Everglades

Governor Scott breaks ground on Port Everglades' intermodal container transfer facility.

The new facility will combine an on-port international and domestic cargo rail facility. Florida East Coast Railway is investing $53 million to build and will operate the ICTF. Broward County's Port Everglades Department, which is a self-supporting Enterprise Fund that does not rely on local tax dollars, contributed 42.5 acres of land for the ICTF which is valued at $19 million.

The new Intermodal Container Transfer Facility (ICTF) at the Port will lead the way for Florida to attract new international business to the state through its seaports and support the creation of an estimated 135,000 jobs for Florida families. The announcement comes on the heels of the Governor’'s commitment earlier this week for $36 million of state funding for JAXPORT.

In addition, the Governor also committed $13 million to begin work on the Southport Turning Notch Extension project which will add more dock space for Port Everglades.

Florida East Coast Railway’s new 42.5-acre near-dock ICTF will facilitate containerized cargo transfer through the Port to/from the FEC main line by mid-2014.  The facility will be unique compared to similar facilities at other ports in that both domestic and international cargo will be handled at the site, which will result in the advantageous transfer for Port Everglades customers and local companies.

Florida East Coast Railway (FEC) Chief Executive Officer Jim Hertwig said, “The new ICTF will allow the FEC to efficiently and effectively deliver superior transportation service between South Florida and the Southeastern United States. Upon completion, this new facility enables South Florida to be in a competitive position for additional freight and jobs. This facility will be able to handle the additional cargo of larger ships that are coming out of Europe today and when the Panama Canal expansion is complete and beyond.”
 


 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sea IT, Veritas Tankers Ink Long-term Software Deal

Sea IT has entered a long term ICT agreement with Veritas Tankers. The agreement comprises installation of BlueCORE Generation 4, an ICT platform specifically developed for the marine industry,

Interior Facelift for Queen Mary 2

Cunard’s luxurious flagship, the iconic 2,620 passenger ocean liner Queen Mary 2, will undergo an interior refit at the hands of McCue Marine during a 25-day multimillion-pound

Chemical Shipping Freight Rates to Remain Under Pressure

On the back of low bunker prices and more new buildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes

Ports

Indiana Ports Sets Cargo Record in 2015

State's three ports handle 12 million tons for first time in 54-year history  INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015,

DP World Bolsters Investment in India

DP World Pvt. Ltd, the world’s fourth biggest container port operator majority owned by the Dubai government, has plans to invest over $1 billion in India for augmenting its port-related operations.

Owner Fined for 'Dangerously Unsafe' Vessel

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.

Intermodal

UPS Oposes CP-NS Merger

UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp.

Port of Hamburg Reports Bulk Cargo Jump in 2015

The Port of Hamburg reports higher bulk cargo throughput and strong growth in rail and inland waterway seaport-hinterland traffic in 2015 – downturn in container handling.

Maersk CEO Looks to Increase Market Share

A.P. Moller-Maersk's chief executive said its container shipping arm Maersk Line probably gained market share in the second half of 2015 after losing some in the first half of the year.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0826 sec (12 req/sec)