ET 06:20

Jaxport Announces $145M Toyota Vehicle Processing Center to Boost Volumes

The Port of Jacksonville, Fla., is hosting a new Vehicle Processing Center under Southeast Toyota Distributors, Toyota’s (NYSE: TM) largest global independent distributor, to increase auto throughput. The $145 million project adds on-site rail connections and truck loading areas and relocates the existing operation from Talleyrand to Blount Island. When fully operational, the center will process nearly 4,000 vehicles per week, a 6% improvement over the previous facility. Jaxport handled over 500,000 vehicles in 2024, making it the busiest auto port on the East Coast, with CSX (NASDAQ: CSX) and Norfolk Southern (NYSE: NSC) providing rail access. The new complex spans 88 acres and includes an 82,000-square-foot Accessory Installation Building with lodging and amenities for workers.

EditorTan Wei Jie