![]() ![]() The Community Planning Act includes four primary references to deepwater ports: ![]() (See " A Race to Capture a Bounty from Shipping", The New York Times, December 11, 2010.) The Community Planning Act and Deepwater Ports a shift in business worth billions of dollars to ports". the biggest shift in the freight business since the 1950s", and notes that it could result in ". The New York Times refers to the Panama Canal expansion as ". East Coast and avoid being unloaded on the West Coast for final shipment by train or truck. The expanded Panama Canal is anticipated to permit products made in Asia to be sent directly to the U.S. The Panama Canal is currently in the process of a $5.25 billion expansion and is scheduled to be completed in 2015. Cruise industry activities affect virtually every industry in the country and state generating another 126,000 jobs and $5.2 billion in wages for Florida workers."įlorida's ports also hold great promise for the future. Cargo activities account for approximately 9% of Florida's Gross Domestic Product while contributing $1.7 billion in state and local taxes. cargo-related activity at Florida seaports generates more than 550,000 direct and indirect jobs and contributes $66 billion in economic value to the state. ![]() The Florida Ports Council website, as of July 2011, ". Economic Impact of Florida's Deepwater Ports ![]()
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