MIAMI: March 14, 2016. PortMiami reports an eight percent increase in traffic for the first four months of Fiscal 2015-2016 with January moves increasing 20 percent.
Following the completion of US$1 billion in capital improvements, the port says it has handled more container vessels with over 40ft drafts, including those able to transit the new Panama Canal this year.
In addition to a direct connection with the U.S. Interstate Highway System, the port is served by the Florida East Coast Railway (FECR) that allows rapid intermodal transfers from ship to rail and delivery to 70 percent of the U.S. population within four days.
FECR is the exclusive rail provider for Florida's PortMiami, Port Everglades and Port of Palm Beach and connects to the rest of the country's rail network in Jacksonville, Fl.
"Together the port and FECR move a variety of goods ranging from grain and food to electronics, furniture and waste products. Accompanying the port's growth, FECR saw a substantial increase from the previous year in intermodal volume at the on-dock rail facility," reported Jim Hertwig, FECR president & CEO.
Port director and CEO Juan M. Kuryla added: "We are confident that international trade and commerce at PortMiami will only get stronger as we continue to work on expanding our services into emerging markets such as Africa, Asia and India. Additionally, the completion of the Panama Canal expansion will be a game changer for Miami, as there is no other port on the east coast south of Virginia capable of handling neo-Panamax vessels."