Florida Ports Expand to Capitalize on Panama Canal Growth
Two major Florida ports, Miami and Everglades, are actively upgrading their infrastructure to capitalize on the expanded Panama Canal. PortMiami has initiated a channel dredging project, while Port Everglades plans to add berths, dredge its channel, and introduce freight rail. These initiatives aim to enhance the ports' competitiveness, attract more cargo business, and solidify Florida's position as a global logistics hub. The upgrades are crucial for handling larger vessels and increased cargo volumes expected to transit through the Panama Canal.
