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Wednesday, April 25, 2018

Maritime Logistics Professional

April 6, 2018

Fitch Affirms 'A' Rating on JAXPORT Bonds

Photo: JAXPORT

Photo: JAXPORT

Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s $87.4 million in outstanding revenue bonds, citing the port’s strategic location, intermodal connectivity, growing automobile volumes and diverse revenue base.

“This rating is another positive reflection of everything that we’re doing to maximize JAXPORT’s competitive advantages and continue to grow cargo volumes,” said JAXPORT CEO Eric Green. “We are encouraged by the growth we’ve experienced and confident the trend will continue well into the future.”

Fitch RatingsFitch Ratings Ltd.Eric Green