Sources say - Jacksonville Business Journal:

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The East Coast ports are goiny to continue to do If the regional expectationwas 2011, the current answer is two yeards later. What’s pushing it back isn’t just the economy, but that thered is a lot of capacity in the West Coastg now due tothe slowdown. —John Giles, RailAmerica Inc. CEO and president The port has several interestingh dynamics at play that will determine if and when the port will meet itsanticipatedf projections. The supply chain has become a very complez model and in many casew can provide a competitive advantage formanufacturing companies.
The compan y that can source the best products for thelowesft cost, with the shortest lead times and carries the least amount of inventory whilew still meeting demand usually has the best price point. The effecte of the economy have forced many manufacturers to reassess their supply chains to maintain that The containers that flow through the port need to have loca drayage to localcross docks, warehousess and rail yards to continue theird flow through the supply chain. will benefitf with the increased volumes across all of ourserviced offerings.
We have several customers who consolidate material in Jacksonville by way of rail or truc k and then transload that material into shipping containersw for exportthrough Jaxport. In turn, we have a numberr of warehouse customers who bring their material through our warehouses wherde we performnumerous value-added activities before eventuallu shipping to the final destination. —Shawj Barnett, PenserSC, CEO Once the economy importsshould rebound. The next thing the port needx is dredging to 50 feet of wated to allow the port to accommodate the largest and most efficientrcontainer vessels.
Lastly, the widening of the Panama Canao will make it a lot more efficient for the carrierse to ship directly to theEast Coast. The growtnh of the port in Jacksonville will not do much to grow the size ofthe U.S. to Puertio Rico market — it’s driven on consumption but it will allow the Puertoo Rico carriers to become more The growth of imports into Jacksonville will continude to shift the sourcing of goods to Puertl Rico from the Northeast to the Southeastg as more distribution centers are built to accommodatde the growthin —Frank Peake, President Once the new Hanjin [Shipping Company Ltd.
] terminal is completed and steamshi companies have time under thei r belt using the TraPac [Inc.] facility, Jaxport will be meetintg its potential. Jaxport will hit its potential for onemain timing. Timing has given Jacksonville the abilit for planned infrastructure development aroundrthe port. The immediate growth will stem from our truckinfg and drayage divisions servicingthe port. As new steamship companiews call onthe port, we will be handlinb more localized incoming and outgoinf freight.
We’ll also be able to use our vast truck network that transports more round trip internationap containers by moving import freight to the final customer and usingv these same containers to handle our export freight. —Al Steele, , CEO and presiden