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Trade News

May 04, 2017

Jacksonville continues double digit growth in Asian container volumes

The port of Jacksonville, Florida (JAXPORT) announced that it recorded 13 percent growth in Asian container shipments during the first six months its fiscal year 2017, moving 178,249 twenty-foot equivalent container units (TEU) compared to 157,689 TEU during the same period in FY2016.

The Asian container trade is the fastest growing segment of JAXPORT's container cargo business, accounting for 36 percent of the business in the first six months of FY2017, up from 33 percent the same period in FY2016 and just 7 percent in FY2014.

The port has recorded an average of 21 percent annual growth in Asian container volumes during the past five years.

JAXPORT offers direct trade with Asian ports through both the Panama and Suez Canals. The world's three largest ocean carrier alliances, THE Alliance, 2M and Ocean Alliance, offer service through JAXPORT. These alliances now dominate Asian trade with the U.S.