Insurance BlogThursday, October 05 2017
These are 4 good reasons Orlando, Fla. — Florida is a leading international trade center that excels at getting people, products, and services at high speed virtually anywhere. 1) Florida is home to the third-largest cluster of logistics and distribution establishments in the country, our state’s broader wholesale trade, transportation and logistics industry employs more than half a million talented individuals.
Most key global shipping lines and airline alliances, (including specialized cargo operators), 3PLs, and VALs have a presence in Florida and most importantly, our state is generating a robust talent base and supply chain that benefits all.
Thanks to these investments, even cargo that starts in Miami, can reach about 60 percent of the U.S. population in no more than four days. Transit times can be even shorter for cargo that begins its journey at any of the state's ports farther north. Did you know Central Florida is one of the largest auto rental markets in the country? Many of the cars come in new from overseas manufacturers. Automobiles coming through Port Canaveral can be consigned and delivered to dealers in record time, due to the processing facility's location right on the port, which allows processing to be completed before the cars are distributed. In fact, many auto manufacturers can move two or three loads of cars from their ships in one day. According to Inbound Logisitics, Port Canaveral has begun working with one major auto original equipment manufacturer located in Mexico, and will begin bringing in cars from a plant located in Asia later in 2017. Port Tampa Bay (PTB) is the state's largest. More than 37 million tons of cargo flow through the port each year, or about one-third of all cargo moving in and out of the state. And of course, we have talked about this before, e-commerce makes everyone want to be closer to consumers. Both Amazon and Walmart have distribution centers within about 30 miles of Port Tampa Bay. Shippers with cargo headed to Central Florida can save about $670 per container load by using Port Tampa Bay, rather than ports located several hundred miles away, according to PTB research. To attract this business, the port is building a 135,000-square-foot on-dock cold storage facility that's scheduled to open later in 2017.
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