A look at what 2023 will bring to Jaxport, through a conversation with CEO Eric Green.I think taking advantage of our efficiencies and what we have here at the port is the key thing for us. As we begin to build on not only our reputation but our book of business, that’s very exciting. We continue to see the warehousing and distribution in the region grow.
Typically we look out several years at what the growth may be, and in order for us to make a determination on what those volumes will look like in the coming year, we sit down and spend a lot of time with our customers and tenants. When we do that now, they will not forecast beyond a year simply because we’re still in this sort of haze of Covid. We don’t know if we’re going to hit a recession or not, or what else may happen.
So, I think everybody is just kind of stuck on a year until we can get out of this haze and figure out where we’re going next. But one thing is for sure, we know that this world, this country has to survive. One of the ways of doing that is certainly through the industry we’re in. We provide all the goods, pretty much all goods and services are coming through the port, so we know that ports will be around. We just don’t know the volatility of the market and what that will look like.The industry is still a little volatile right now.
Being diversified, that really helps us – we’re not just dependent on what particular cargo type, so we continue to stay in contact with our tenants and our customers.We continue to create and start those long standing agreements and partnerships with our tenants and our customers. That’s what’s important. It’s not like we have annual contracts, right? So by having these long term agreements, it means you’ll have business in place.
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