Florida International Terminal (FIT) renewed its lease agreement to operate at Port Everglades for another 10 years
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Florida International Terminal (FIT), one of SAAM Terminals port terminal, has successfully renewed its lease agreement at Port Everglades for another 10 years, after authorization by the Broward County Commission and Port Everglades.
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FIT's CEO, Justin P. Weir, appreciated the approval "our entire team has been working on this goal for over two years and we have been preparing the terminal with investments to continue positioning FIT as one of the leading cargo terminals in South Florida, with the best service to customers in the region”.
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As part of the agreement, which runs until 2035,?FIT plans to invest US$25 million in the container terminal?in the next 24 months?to continue to provide a greener, more efficient way to handle cargo for our customers as well as provide additional work opportunities for our ILA?Union?workforce.?
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“FIT has been a great partner in helping to improve the port’s operational efficiency, and we applaud their ongoing investments to move cargo faster, advance green initiatives and contribute to our local economy,” said Glenn Wiltshire, Acting Port Director of Port Everglades. “We look forward to another decade of economic growth for FIT and the port.”
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In 2018, the terminal boosted a modernization plan with a total investment of US$5 million that doubled its capacity to dispatch containers. In the last year, FIT has continued to add new services to its operation and as it continues to serve the North-South trade lanes into the US from Central America, South America and the Caribbean.
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FIT is one of the ten ports operated by SAAM Terminals in the Americas and is strategically located to meet the consumption and cargo needs of one of the world’s largest consumer regions. The terminal is connected to major highways and railroads, facilitating quick, fluid access to ground and intermodal transportation and expanding the area of influence. Last year the terminal transferred 296k TEUs and 2.5 million Tons of cargo across the quay. There are four berths available from Port Everglades with a maximum draft of 12.8 meters, along with six of the highest low-profile ship-to-shore cranes in the world, capable of handling 12,000 TEU class vessels.
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