Port Everglades is embarking on a project to build an intermodal container transfer facility (ICTF) within the port premises. The ICTF will facilitate containerized cargo (domestic and international) transfer through the Port to the main rail-line of Florida East Coast Railway (FEC).
The ICTF will be a catalyst for South Florida to attract new international business and support the creation of an estimated 135,000 new jobs. It will include a rail system that will be used to transfer cargo containers directly from ships to trains and will end the need to truck cargo from Port Everglades to a railway depot outside of the Port. The new system and facility will be more efficient and economical in transporting cargo from the Port to cities in the southeast.
The total project is a public-private partnership. Port Everglades is providing 42.5 acres of land valued at $20 million, the state of Florida is providing $18 million in grants, the FEC is investing $35 million, and the Florida Department of Transportation is investing $42 million to extend Interstate 595 via an overpass into the Port.
Jim Hertwig, CEO of FEC said, “The new ICTF will allow the FEC to efficiently and effectively deliver superior transportation service between South Florida and the southeastern United States. This facility will be able to handle the additional cargo of larger ships that are coming out of Europe today and when the Panama Canal expansion is completed and beyond.”
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