Economic Development in the World's Fourth Largest Economy
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2013 Person of the Year - Nashville Mayor Karl Dean

Manufacturing Rules Again

Ten People Who Made a Difference in the South

Ten Oil and Gas Rich Markets that Offer Plenty to Your Non-Oil Related Company

Ten Big Rail-Served Sites that Deserve a Second Look

Top Ten Places in the South for Relocating California Companies

Ten markets to settle in next to the South’s only Post-Panamax deep-water port

Ten Shining Examples of Economic Development That’s Working in the South

Ten More No-Brainer Manufacturing Locations in the American South

Ten Outstanding Southern Community Colleges for Workforce Training

Peace Breaks Out: Ten Places in the South to hire talented military veterans and civilian personnel

Ten Wonderful Small Town Central Business Districts in the South

20th Anniversary Edition

The Incentives Debate

2012 Made in the South Edition

A New Day in Paradise

The Birth of a Louisiana Super Region

More on the Gulf Coast

Arkansas: A Real Approach to Economic Development

More on Arkansas

Southern Mega Sites

 Law Firms' Increasing Role in Site Selection in the South

2012 SB&D 100 Edition

Virginia: The American South's Crown Jewel of Smarts

Infrastructure supporting business and industry in ROVA (the rest of Virginia)

A semiconductor plant for Martinsville, Va.?

Roanoke: A smart,
shining star

Turnaround year for Richmond

2012 Annual Directory

2012 SB&D 100 Edition

2012 SB&D 100 Introduction and Methodology

Manufacturing Rules!

2012 SB&D 100 Top Deals and Hot Markets

2012 SB&D 100 State Report

2012 SB&D Job 100

2012 SB&D Investment 100

2012 Person of the Year: Kentucky Gov. Steve Beshear

Watch out world: The Palmetto is back

Green Solutions for Red States

100 Best Places for Clean Tech in the American South

2012 Ten Top 10s Edition

Top Ten Stories

Ten people who made a difference in the South

Ten Southern markets that are manufacturing location no-brainers

Ten megasites in the South for the next 'Big Kahuna'

Ten successful aviation and aerospace clusters in the South

Ten Southern markets that are fostering technology like few others

Ten small Southern markets that are seeing their economies soar

The ten best airports in the South

Overcoming nature's adversity: Ten real comeback kids in the South

Top ten quotes

A Defining Moment How the American South is beating China at its own game

Automotive Hot Spots in the Southern Auto Corridor

2012 Small Town South Edition

Sumter, S.C. wins big – beating the odds by getting into the game

Florida's inland port strategy could result in thousands of new jobs

Rural unemployment rate in Virginia dropped a point in 2011

Clean Tech is growing in an automotive industry-like way in the South and North Carolina is joining in the fray

No Southern state's rural regions benefited more from the recovery in 2011 than Kentucky's

The South's Best Economic Development Law Firms

Will  Rick Scott Save or Sink Florida?


  
 Features

Florida's inland port strategy could result in thousands of new jobs

By Lee Burlett

Port Citrus was recently named Florida's 15th port in the last Legislative session, making it eligible for future state funding. The port is located at the former Cross Florida Barge Canal, north of Crystal River on the Levy/Citrus county border.Florida's 15 deepwater seaports support more than half a million direct and indirect jobs and collectively they have an economic impact of $66 billion in the state. With the re-alignment of global trade routes as a result of an expanded Panama Canal, Florida's ports are positioning themselves to take advantage of the tremendous opportunity. The opening of the Panama Canal's larger locks in 2014 will offer new global opportunities for international trade growth through Florida's well-placed ports.

In 2010, U.S. ports typically showed a 60 percent import to 40 percent export ratio. Yet, in Florida, efforts to decrease trade deficits with other countries are starting to build momentum. Florida currently has one of the nation's best export-over-import surpluses. In 2010, Florida's exports represented 58 percent of the total import/export cargo. The state exported $73 billion in goods in 2010 compared to $53.2 billion in imports. That export-over-import surplus is the fourth-best in the nation.

According to flaports.org, "Florida faces a once-in-a-generation opportunity to transform our economy by becoming a global leader for trade, logistics and export-oriented manufacturing activities." Sounds pretty good, but to get there the state of Florida must make strategic capital investments to deepen harbors, build more berth, crane and terminal infrastructure and add more container handling capacity. The last part of that sentence – more handling capacity – is the challenge considering Florida’s landlocked port system.

To alleviate that, part of that positioning strategy is to build system wide, seamless intermodal facilities throughout the state to move goods more efficiently and cost effectively. This includes several inland ports that can act as centralized freight hubs. The inland ports can expand existing seaport capacity, increase reliability in the freight system and improve congestion management activities, all in an effort to create new market opportunities. And for Small Town Florida, the prospects are excellent because each of the inland ports will be located in rural markets with the potential for thousands of new jobs being created.

An inland port is essentially a distribution site to provide support for intermodal transfers between ship, rail and truck operations. The inland ports being discussed and developed in Florida are located in rural settings where land costs and land uses are less restrictive. The inland ports in Florida are being centrally located to key markets such as Jacksonville, Palm Beach and Miami, port locations in Florida that are over or near capacity.

One such inland port being considered for development would serve Port Citrus on Florida's western Gulf Coast. Rural counties like Citrus, Marion and Levy counties are looking to take advantage of the new logistics opportunities that will result if an inland port is built in Ocala, Fla.

In October, the city of Ocala began preliminary discussions with Citrus County officials to explore an inland port to be developed on Interstate 75. The city and county want the development to be a regional effort with rural Marion and Levy counties working in conjunction with Ocala and Citrus. 

Port Citrus was recently named Florida's 15th port in the last Legislative session, making it eligible for future state funding. The port is located at the former Cross Florida Barge Canal, north of Crystal River on the Levy/Citrus county border. The port is not a deep water facility, but could be used to ship raw materials by barge.

The Cross Florida Barge Canal was a federal project that was started in 1942 in an effort to link the Gulf of Mexico with the St. Johns River, giving the state an inland waterway linking the Gulf with the Atlantic. The project was abandoned in 1971 after about a third of the canal was completed.

Port Citrus is on the M-10 Maritime Highway that begins in Brownsville, Tex. and ends at Port Manatee in South Tampa Bay. If developed, an inland port in Ocala could ship goods to and from the new seaport in a cost efficient manner. An ocean-going barge can ship a load equal to 600 tractor trailer loads.

In an article published by the Ocala Star-Banner in December, Citrus County Commissioner Joe Meek said, "We are very early on in the process of our port initiative. This will not happen overnight. We are laying the groundwork to have a, hopefully, positive economic future."


  
 Southern Auto Corridor

Southern Auto Corridor.com

Steering the Automotive Industry to the World's Fourth-Largest Economy

www.southernautocorridor.com


  
 SmallTownSouth

SmallTownSouth.com

Opportunities in the South's Rural and Urban Small Towns

www.smalltownsouth.com


  
Southern Business & Development Southern Auto Corridor Small Town South Randle Report