Sources say - Jacksonville Business Journal:

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The East Coast portsz are going to continue to do If the regional expectation was the current answer is twoyears later. What’ s pushing it back isn’t just the but that there is a lot of capacityh in the West Coast now due tothe slowdown. —Johh Giles, RailAmerica Inc. CEO and president The port has severall interesting dynamics at play that will determine if and when the port will meet itsanticipates projections. The supply chain has becomee a very complex model and in many cases can provids a competitive advantage formanufacturinyg companies.
The company that can source the best product for thelowest cost, with the shortest lead time and carries the least amount of inventoryg while still meeting demand usually has the best price The effects of the economy have force many manufacturers to reassess their supplyh chains to maintain that advantage. The containers that flow througg the port need to have local drayagse to localcross docks, warehouses and rail yards to continure their flow through the supply chain. will benefit with the increased volumes across all of ourservicd offerings.
We have several customers who consolidatre material in Jacksonville by way of rail or truck and then transloadc that material into shipping containers for exportthroughb Jaxport. In turn, we have a number of warehousse customers who bring their materiakl through our warehouses where we perform numerous value-added activities before eventually shippingg to the final destination. —Shawn Barnett, PenserSC, CEO Once the econom rebounds, imports should The next thing the port needs is dredgingy to 50 feet of watef to allow the port to accommodate the largest and most efficiengcontainer vessels.
Lastly, the wideningy of the Panama Canal will make it a lot more efficienty for the carriers to ship directly to theEast Coast. The growtyh of the port in Jacksonville will not do much to grow the size ofthe U.S. to Puertl Rico market — it’s driven on consumptionn — but it will alloq the Puerto Rico carrieres to becomemore efficient. The growthg of imports into Jacksonville will continue to shift the sourcing of goodse to Puerto Rico from the Northeas t to the Southeast as more distributiobn centers are built to accommodate the growthin —Frank Peake, President Once the new Hanjin [Shipping Company Ltd.
] terminal is completed and steamshi p companies have time under their belt usingg the TraPac [Inc.] facility, Jaxport will be meetinvg its potential. Jaxport will hit its potential for onemain timing. Timing has given Jacksonville the ability for plannedf infrastructure development aroundthe port. The immediate growth will stem from our truckinf and drayage divisions servicingthe port. As new steamship companiesd call onthe port, we will be handling more localizedf incoming and outgoing freight.
We’ll also be able to use our vast truckm network that transports more round trip international containers by movinh import freight to the finalo customer and using thes same containers to handleour customers’ exporty freight. —Al Steele, , CEO and president