JACKSONVILLE, Fla. – Florida is taking steps to handle more of the world's multi-billion dollar trade industry by expanding its intermodal centers, according to the latest economic commentary from Florida TaxWatch.
Intermodal centers are specialized facilities where goods are moved from one form of transportation to another, such as moving a shipping container from a ship to a train or from rail to truck.
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"Florida is uniquely poised to move goods more efficiently than our neighboring states and other competitors," said Dominic M. Calabro, president and CEO of TaxWatch, an independent, nonpartisan public policy research institute. "Expanding Florida's intermodal points will allow the state to more efficiently transfer goods and even people between seas, roads, rails, air and space."
New and improved intermodal centers will result in lower freight prices for Florida consumers and businesses, due to more efficient and cost-effective shipping.
"Recent additions of new and improved intermodal centers will have a great economic impact on Florida's economy and consumers," said Jerry D. Parrish, chief economist for TaxWatch. "The centers will add to Florida's economy by providing high-wage jobs to Floridians, while also reducing the cost of goods purchased by Florida consumers."