JAXPORT reports container volume of 968,279 TEUs for fiscal year ending Sept. 30, 2016
JAXPORT moved a record 968,279 twenty-foot equivalent units (or TEUs, the industry standard for measuring containers) during the fiscal year ending Sept. 30, 2016. The previous JAXPORT record was 936,972 TEUs set in 2014, the company said in its press release.
The Asian container trade continues to be the fastest growing segment of JAXPORT’s container cargo business, achieving 19 percent growth in FY16 with 336,791 containers moved compared to 283,164 the previous year. The growth of existing and new services calling on JAXPORT's Blount Island Marine Terminal, including the recently added 2M Alliance (Maersk Line/Mediterranean Shipping Co., the two largest container carriers in the world) contributed to this growth. The Asian sector has grown steadily since JAXPORT first entered the trade lane in 2009, now accounting for 35 percent of JAXPORT’s total cargo container business in 2016.
When combined with the containers moving through its private terminals, the port of Jacksonville moves more than 1.2 million containers annually, making it the largest port complex in Florida.
JAXPORT also recorded double digit growth in automobile imports in 2016, moving 467,898 imported vehicles, up 19 percent over last year. Overall, vehicle volumes remained steady with more than 636,000 total units moved, maintaining JAXPORT’s ranking as one of the nation’s busiest ports for total vehicle handling.