05 Aug Florida International Terminal renews Port Everglades lease for another decade
Florida International Terminal (FIT) has successfully renewed its lease agreement at Port Everglades for another 10 years, following authorisation by the Broward Country Commissioners and the local Port Authority.
This extended tenure will see FIT invest $25m into the container terminal over the next 24 months, to improve cargo handling efficiency and create employment opportunities for the International Longshoremen´s Association (ILA) Union.
FIT is strategically positioned to meet the consumption and cargo needs of one of the world’s largest consumer regions, moving over 296k TEU and 2.5m tonnes of cargo across the quay last year. The terminal is connected to major highway and railroads, facilitating quick, fluid access to ground and intermodal transportation.
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