Latest news with #JAXPORT
Business Upturn
25-04-2025
- Automotive
- Business Upturn
Billor Expands Network With New Delivery Center in Jacksonville, FL
JACKSONVILLE, Fla., April 25, 2025 (GLOBE NEWSWIRE) — Billor, committed to empowering truck drivers to achieve the American Dream through entrepreneurship, today announced the opening of its new Delivery Center in Jacksonville, FL. This important expansion strengthens Billor's national footprint, enhances operational efficiency, and brings services even closer to truck drivers across the Southeast. The new Delivery Center will allow drivers to pick up their trucks, bring them for inspection, and serve as a logistic hub for Owner Operators working with Billor. Billor new Delivery Center in Jacksonville, FL As one of the fastest-growing logistics hubs in the United States, Jacksonville plays a vital role in national freight movement. With its strategic location offering direct access to major highways, rail lines, and one of the busiest ports on the East Coast — the Jacksonville Port Authority (JAXPORT) — Jacksonville is an ideal location for Billor's expansion. According to JAXPORT, the port moves nearly 1.4 million containers annually and contributes billions of dollars to Florida's economy. Its robust infrastructure and proximity to critical freight corridors make Jacksonville a key market for transportation and logistics operations, further reinforcing Billor's decision to establish its newest Delivery Center there. 'The opening of Billor's new Delivery Center in Florida marks another major milestone in our nationwide growth strategy,' said Vincent Goetten, CEO of Billor. 'Jacksonville's unparalleled access to domestic and international freight routes makes it a natural choice for expansion as we continue to bring entrepreneurship opportunities closer to truck drivers across the country.' Billor operates as a fully integrated ecosystem that merges FinTech, Technology, and Logistics, helping truck drivers achieve financial independence and truck ownership while streamlining operational complexities. 'The new Delivery Center exemplifies Billor's commitment to operational excellence,' said Douglas Carstens, COO of Billor. 'By leveraging Jacksonville's strategic logistic infrastructure, we're not only improving turnaround times and service efficiency, we are also getting closer to our Driver clients, expanding our support network in a key logistics hub. This new delivery center allows us to increase regular truck inspections, ensuring safety and reliability for the drivers who trust us.' About Billor Billor, short for 'Bill of Rights,' introduces innovative and scalable solutions to the one-trillion-dollar and highly fragmented trucking industry, empowering drivers to achieve the American Dream through entrepreneurship. Operating as both a freight and fintech platform, Billor enables drivers to become owner-operators. With Billor, drivers can focus on what matters most — ensuring the safety and efficiency of freight delivery. Meanwhile, the platform simplifies the complexities of logistics and finance, managing all other operational and financial needs. For more information, visit or contact us at [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
25-04-2025
- Automotive
- Yahoo
Billor Expands Network With New Delivery Center in Jacksonville, FL
JACKSONVILLE, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- Billor, committed to empowering truck drivers to achieve the American Dream through entrepreneurship, today announced the opening of its new Delivery Center in Jacksonville, FL. This important expansion strengthens Billor's national footprint, enhances operational efficiency, and brings services even closer to truck drivers across the Southeast. The new Delivery Center will allow drivers to pick up their trucks, bring them for inspection, and serve as a logistic hub for Owner Operators working with new Delivery Center in Jacksonville, FL As one of the fastest-growing logistics hubs in the United States, Jacksonville plays a vital role in national freight movement. With its strategic location offering direct access to major highways, rail lines, and one of the busiest ports on the East Coast — the Jacksonville Port Authority (JAXPORT) — Jacksonville is an ideal location for Billor's expansion. According to JAXPORT, the port moves nearly 1.4 million containers annually and contributes billions of dollars to Florida's economy. Its robust infrastructure and proximity to critical freight corridors make Jacksonville a key market for transportation and logistics operations, further reinforcing Billor's decision to establish its newest Delivery Center there. 'The opening of Billor's new Delivery Center in Florida marks another major milestone in our nationwide growth strategy,' said Vincent Goetten, CEO of Billor. 'Jacksonville's unparalleled access to domestic and international freight routes makes it a natural choice for expansion as we continue to bring entrepreneurship opportunities closer to truck drivers across the country.' Billor operates as a fully integrated ecosystem that merges FinTech, Technology, and Logistics, helping truck drivers achieve financial independence and truck ownership while streamlining operational complexities. 'The new Delivery Center exemplifies Billor's commitment to operational excellence,' said Douglas Carstens, COO of Billor. 'By leveraging Jacksonville's strategic logistic infrastructure, we're not only improving turnaround times and service efficiency, we are also getting closer to our Driver clients, expanding our support network in a key logistics hub. This new delivery center allows us to increase regular truck inspections, ensuring safety and reliability for the drivers who trust us.' About Billor Billor, short for 'Bill of Rights,' introduces innovative and scalable solutions to the one-trillion-dollar and highly fragmented trucking industry, empowering drivers to achieve the American Dream through entrepreneurship. Operating as both a freight and fintech platform, Billor enables drivers to become owner-operators. With Billor, drivers can focus on what matters most — ensuring the safety and efficiency of freight delivery. Meanwhile, the platform simplifies the complexities of logistics and finance, managing all other operational and financial needs. For more information, visit or contact us at ir@ A photo accompanying this announcement is available at in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
Funding agreement to raise power lines at JAXPORT approved by JEA
A plan to raise power lines over the St. Johns River is moving forward. At a JEA board meeting on Tuesday, leaders approved an agreement in which JEA will contribute $32.5 million to help get the power lines raised. JEA is working with the City of Jacksonville and JAXPORT to complete this project. It is aimed at making room for bigger and taller ships that require a higher clearance. >>> STREAM ACTION NEWS JAX LIVE <<< The lines will be raised to 225 feet above high tide. The project area stretches from Blount Island on the north side of the St. Johns River to Fort Caroline on the south. 'We've got to be part of that solution to help that, and so we are happy to participate this time,' said JEA's Chief of Staff Kurtis Wilson. According to JEA, the total cost of the project is $117 million. The city's investment includes $22.5 million which was previously committed and matches the state of Florida's $22.5 million contribution. [DOWNLOAD: Free Action News Jax app for alerts as news breaks] According to the city, about $7 million is coming from leftover funding from the river dredging project, which was completed at a lower cost than projected. The remaining $65 million cost is being split between JEA and JAXPORT. 'It's $32.5 million from us and same from the port,' said Wilson. [SIGN UP: Action News Jax Daily Headlines Newsletter] Wilson insists this project does not impact customer rates at all. He also said that raising the power lines will upgrade critical JEA infrastructure, resulting in improvements to the resiliency of the power grid and making it compatible with new technology that will improve efficiency. This project will go to city council for final approval. As of now the project's expected completion date is set for summer 2027. Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
Yahoo
13-02-2025
- Automotive
- Yahoo
Brunswick now the top port in the nation for automobiles, heavy equipment
At the Brunswick State of the Port event Wednesday, Georgia Ports President and CEO Griff Lynch announced that Brunswicks' Colonel's Island Terminal is now the nation's busiest port for automobiles, as well as heavy farm and construction equipment. It takes the top spot from the Port of Baltimore, which was forced to shut down for weeks following a deadly bridge collapse. [DOWNLOAD: Free Action News Jax app for alerts as news breaks] Lynch said the port handled more than 3 million tons of roll-on/roll/off cargo in 2024, including 841,000 cars and trucks. That's an increase of more than 13% over the previous year. Lynch said the boom coincided with $262 million in improvements completed last fall that expanded Brunswick's capacity for processing and storing autos. 'That's huge. I can't believe it myself,' Lynch said in a phone interview after his speech. He added: 'This is one of those 'If you build it, they will come' situations.' More than 90% of autos moved by rail at Colonel's Island are U.S.-made exports, according to Georgia Ports. The Port of Brunswick often gets overshadowed by its larger sister port in Savannah, the fourth-busiest in the U.S. for retail goods and other commodities shipped in containers. But Georgia officials have invested heavily in Brunswick, where Lynch said recent upgrades and expansions have caused automakers to shift business to Georgia from neighboring ports, including Jacksonville. Read: 'Well-protected': JAXPORT CEO predicts tariffs will have minimal impact on operations The Port of Brunswick plans further upgrades in the coming years. A new berth built for docking larger car-carrying ships is being designed and should open in 2027, Lynch said. The port is also building a new railyard that will eventually triple its capacity for using trains to deliver cars for export. Meanwhile, Georgia port officials are looking to Washington to fund improvements to Brunswick's shipping channel. The Army Corps of Engineers wants to widen portions of the waterway to give ships more room to turn after the South Korean freighter Golden Ray tipped over while leaving the port in 2019. Lynch said maintenance dredging is also needed to return the channel to its proper depth of up to 38 feet. [SIGN UP: Action News Jax Daily Headlines Newsletter] Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
Yahoo
06-02-2025
- Business
- Yahoo
‘Well-protected': JAXPORT CEO predicts tariffs will have minimal impact on operations
The Trump Administration's 10-percent tariff on Chinese goods is now in effect and the 25-percent tariffs on Mexico and Canada could kick in within a month. The tariffs were the talk of the town at Thursday's State of the Port presentation. 'It'll impact all ports,' said JAXPORT CEO Eric Green. [DOWNLOAD: Free Action News Jax app for alerts as news breaks] But Green is optimistic JAXPORT is better positioned than almost any other port to weather the storm. 'There will be an impact, but it will be very minimal to us,' said Green. Green noted JAXPORT is one of the most diverse ports in North America in terms of where products are imported from and what kind of products come in through the port. 'You have break bulk, autos, you've got containers and you have cruises. So, we see ourselves well protected when it comes to that. So, if any commodity gets hit, you know, it actually helps because we're just as strong in the other,' said Green. Read: Carnival Cruise Line celebrates 20 years of impact in Jacksonville For industries around the ports like Air Van Inc, which operates storage facilities and trucking operations, the threat of tariffs proved to be a boon for business in recent months. 'People stockpiling, front loading in anticipation of potential tariffs,' said Air Van Inc CEO Ike Sherlock. Read: Cost of power line project balloons as JEA and JAXPORT work out cost-sharing agreement Sherlock said he doesn't anticipate imports slowing, especially not for priority products like those related to the medical field, IT and fintech. Instead, he anticipates consumers are more likely to feel the brunt of the impacts. 'I think we should all anticipate, for the short-term anyway, higher prices on everything,' said Sherlock. Read: Potential tariffs on imported goods could affect how much you spend on everyday items Sherlock said he doesn't anticipate the tariffs will have any major impacts on jobs around the port either. He said he also expects any impacts to trade will likely subside once the tariffs are either lifted or become the new normal. [SIGN UP: Action News Jax Daily Headlines Newsletter] Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
