JAXPORT officials said Sept. 28 that global economic conditions, including tariffs and a drought slowing Panama Canal traffic, have contributed to a 5% year-over-year decline in container tonnage and vessel calls. | Jacksonville Daily Record
Published on September 29, 2026 at 12:00 pm
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Global macroeconomic conditions have slowed cargo shipments year-over-year at the Jacksonville Port Authority, as the port’s tenants have seen lower demand for products, JAXPORT officials said Sept. 28.
However, the authority is still bringing in more cargo than projected, and clients are optimistic for the year ahead.
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In addition to increased fuel costs tied to the conflict with Iran, shipping companies are feeling the effects of tariffs and a drought slowing shipping through the Panama Canal, Chief Commercial Officer Robert Peek told JAXPORT’S board.
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