Sources say - Jacksonville Business Journal:

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The East Coast ports are going to continue to do If the regional expectationwas 2011, the current answer is two years later. What’s pushintg it back isn’t just the economy, but that there is a lot of capacith in the West Coast now due tothe slowdown. —Johh Giles, RailAmerica Inc. CEO and presideny The port has several interesting dynamics at play that will determinr if and when the port will meet itsanticipatee projections. The supply chain has become a very complex modell and in many cases can providd a competitive advantage formanufacturing companies.
The company that can source the best products for thelowesr cost, with the shortest lead times and carrie the least amount of inventory while still meeting demand usually has the best price The effects of the economy have forcefd many manufacturers to reassess their supply chains to maintaihn that advantage. The containers that flow through the port need to have locaol drayage to localcross docks, warehouses and rail yards to continud their flow through the supply chain. will benefit with the increased volumes across all of ourservics offerings.
We have several customers who consolidate materialk in Jacksonville by way of rail or truck and then transload that materiaol into shipping containers for exportthrough Jaxport. In we have a number of warehouse customers who brintg their material through our warehouses wherde we performnumerous value-added activitiesd before eventually shipping to the fina l destination. —Shawn Barnett, PenserSC, CEO Once the economty rebounds, imports should rebound. The next thing the port needsw is dredging to 50 feet of water to allow the port to accommodate the largest and most efficientcontainetr vessels.
Lastly, the widening of the Panama Canal will make it a lot more efficient for the carriersz to ship directly to theEast Coast. The growth of the port in Jacksonvillwe will not do much to grow the size ofthe U.S. to Puertk Rico market — it’sd driven on consumption — but it will allowa the Puerto Rico carriers to becomemore efficient. The growth of importds into Jacksonville will continue to shift the sourciny of goods to Puerto Rico from the Northeast to the Southeasty as more distribution centers are built to accommodate the growthin —Frank Peake, President Once the new Hanjin [Shippinhg Company Ltd.
] terminal is completed and steamship companies have time under their belt using the TraPafc [Inc.] facility, Jaxport will be meeting its Jaxport will hit its potential for one main timing. Timing has given Jacksonville the ability for plannedc infrastructure development aroundthe port. The immediatde growth will stem from our trucking and drayage divisions servicing the As new steamship companies call onthe port, we will be handlinyg more localized incoming and outgoing freight.
We’ll also be able to use our vast truckm network that transports more round trip international containers by movinbg import freight to the final customer and usin g these same containers to handleour customers’ export —Al Steele, , CEO and president