ICTF Almost Done; Projected to Save $139M in Shipping Costs
The Intermodal Container Transfer Facility (ICTF for short) that is currently under construction near the Dames Point JaxPort terminal is set to be “substantially complete” this month, according to senior JaxPort officials. The ICTF will provide increased efficiency for logistics companies shipping products thru Jacksonville. An ICTF allows for the transfer of TEU’s from large container ships to rail lines in a much more efficient manner, which will in turn make Jacksonville a more attractive place for logistics firms to do business. Expect increased activity in the Northside industrial submarket in coming months following the completion.
Posted on February 12, 2016, in General CRE News/Reports, JAX Daily Record, JAX Market Info, Jobs/JAX Economy, Port/Infrastructure, Uncategorized, Warehouses/Industrial and tagged ICTF, JaxPort. Bookmark the permalink. Leave a comment.