New Jaxport project to boost Toyota volumes

A new Vehicle Processing Center at The Port of Jacksonville, Fla., is expected to boost Toyota’s volumes at the maritime hub. The $145 million port project includes two state-of-the-art processing buildings with the addition of on-site rail connections and truck loading areas. The project by Southeast Toyota Distributors, the automaker’s (NYSE: TM) largest global independent distributor, relocated and modernized the existing vehicle processing operation from Talleyrand terminal to Blount Island. When ful ...