America’s growing population will require our nation’s freight network to haul 4 billion more tons of international freight annually by 2050, roughly the weight of 40,000 Washington Monuments. Since over 90 percent of imported cargo by volume already moves through our nation's ports today, a good portion of that 4 billion tons will be transported on American waterways and through our ports and intermodal hubs. So our infrastructure must be ready.
That’s why I was especially proud to help break ground yesterday on an Intermodal Container Transfer Facility (ICTF) at the Jacksonville Port Authority (JAXPORT) in Florida. By increasing the efficiency and speed of container transfer between vessels and trains, the new ICTF will help JAXPORT support America’s future freight requirements and create long-term economic opportunities for the Jacksonville region in the form of good paying jobs.