With boosterism reminiscent of the Florida real estate bubble of the 1920’s, ports all along the Florida coast are rushing to cash in on the expansion of the Panama Canal.
They are spending huge amounts of tax money to dredge harbors and make other infrastructure investments, including at least $2 billion in Federal funds, in spite of warnings from experts that they may be digging for fool’s gold.
“Places like Florida don’t have the distribution activity that the big cargo ships need so I don’t really see them going there even if the harbors are deeper,” Ed Sands, global practice leader at the transportation procurement firm Procurian Source: Panama Canal expansion boom might sail past US ports
… Jean-Paul Rodrigue, a transportation scholar at Hofstra University, said it didn’t make sense for Charleston, Savannah and Miami all to have deeper harbors without more business. “You need a lot of volume,” he said. “It’s not certain those ports can generate that level of volume.” Source: As states seek funds for deeper ports, will ships come in?
Port expansions are underway or planned in the Florida cities of Miami, Jacksonville, Fort Lauderdale, Palm Beach, Port Canaveral, Port Manatee, Tampa.
Similarly, inland port plans abound – the Florida Inland Port in St. Lucie County, the Ocala Inland Port, Titusville Inland Port, and others:
Source: Star News Online