South Florida International Logistics Center
Florida Ten: the Business Opportunity
1. 8th largest economy in the western hemisphere and 20th in the
world
2. Annual economic output of three-quarters of a trillion dollars
3. 4th in the US for: Population (third), Gross Domestic Product, # of
Business Establishments, Labor Force
4. 40% of all US exports to Latin America pass through Florida
5. 5th largest producer of exported goods in the US
6. Leads the US in farm income
7. Number one travel destination in the world
8. $57 billion tourism impact on Florida’s economy
9. 14 international airports
10.14 deep water seaports
2
South Florida International Logistics Center
Florida : Location, Location, Location
“One Billion People (consumers) within the logistics reach of Florida by 2035”
3
Florida Regional Populations
Service
Area
2010 Medium
Population
2020 Medium
Population
2030 Medium
Population
North
4,217,500
4,847,800
5,483,200
Central
6,735,500
7,782,400
8,846,000
South
7,682,500
8,523,200
9,367,500
Source: Florida Statistical Abstract 2008- Forty Second Edition by the
Bureau of Economic and Business Research (BEBR)-Low, Medium, and
High
South Florida International Logistics Center
6
South Florida International Logistics Center
The REASONS to LOCATE at an integrated logisitics campus of
the Americas:
1. The Market Opportunity
2. Distribution Center Strategy (Savings)
3. Drayage Cost/Service Advantage
4. Excellent Rail Service
5. Opportunity to Capture Additional Freight Flows by
Aggregation Efficiencies
6. Plentiful and Affordable Land
7
South Florida International Logistics Center
1. The Market Opportunity
• Southern Florida (defined as area SOUTH of a line drawn from
Sarasota on the Gulf Coast east to Fort Pierce on the Atlantic Coast)
– consumer market size includes both permanent residents and
seasonal (tourist influx) and anticipated growth.
• Latin America – emerging and fast-growing middle class markets,
increased buying power and demand for U.S. consumer products
(Brazil, Chile, Argentina) – potential markets if the politics change
(Cuba, Columbia, and Venezuela)
• Asia – widening of Panama canal in 2014 and Port of Miami 50’
depth will open FL to large Asian container ships – opportunity to
play a role in the import, export and distribution of containers and
commodities that historically have been predominantly a west
coast port play.
8
South Florida International Logistics Center
2. Distribution Center Strategy (Savings)
• Can capture consumer markets in southern Florida,
Latin America, and Asia from one location and one
combined facility. One instead of three.
• Consolidation of supply chain resources (mixing
centers, warehouses, manufacturing, refrigeration
facilities, fumigation facilities, cross docks, trans-load
facilities, customs, and associated costs)
• Targeted and “right fit” companies and product types
• Lowering the total cost of freight for shippers to and
from FL
9
South Florida International Logistics Center
3. Drayage Cost/Service Advantage
• Multi-modal and multiple service provider options =
more competitive shipping rates
• Ability to reach 3 seaports (Miami, Everglades, Palm
Beach) within 2 hr dray
• Access to Miami Int’l Airport, one of the largest cargo
airports in the U.S. and, at 74% market share, the main
gateway for airborne perishable imports into the United
States
• Lower distance and cost to access large populations will
provide ability to negotiate lower long-haul inbound
truck rates
• Flexibility and time to market advantage
10
South Florida International Logistics Center
4. Excellent Rail Service
• Two Class One railroads
o CSX - service down the middle of the state
o FEC from Atlanta and Jacksonville
• Excellent Short Line operator South Central Florida
Express connecting both CSX and FEC
11
South Florida International Logistics Center
5. Opportunity to Capture Additional Freight Flows by
Aggregation Efficiencies
• Ship to ports from the SFILC (export ships)
• Return imported (full) containers to SFILC from
the ports for value-added services, aggregation
with other products/containers and transport to
final destination
12
South Florida International Logistics Center
6. Plentiful and Affordable Land
•
4000 - 8000 acres available for the SFILC supply chain logistic facilities
•
Plenty of area to stage, sort and store product, equipment or bulk product
•
Ability to cluster warehousing, distribution, manufacturing and
transportation facilities in one location
•
Empty container storage and handling (arbitrage and/or broker)
•
Away from congestion of coastal areas and high cost land
•
Additional plentiful and affordable land within 45 minutes of the SFILC in
Glades, Hendry, Okeechobee, western Palm Beach, northern Collier, and
eastern Lee counties.
Plentiful and Affordable Land is the platform to provide a business
solution to an old Florida problem the “filling of the empties”
13
South Florida International Logistics Center
14
South Florida International Logistics Center
The Key Benefits
1. Lowering the distribution cost of goods (import
and export)
2. Increase advanced manufacturing within Florida
(export)
3. Job creation for Florida and the region
15
South Florida International Logistics Center
Job Creation and Economic Impact
The SFILC will have a significant positive impact on the state, regional and local economies over the longterm, as summarized in the tables below…
Low Scenario
2030
Total Jobs (Direct, Induced, Indirect)
23,858
Total Income (Direct, Induced, Indirect)
$ 1,333,628,000
Business Revenue
$ 866,301,000
Total Taxes (state and local)
$ 122,694,000
Medium Scenario
(most likely)
Total Jobs (Direct, Induced, Indirect)
2030
64,983
Total Income (Direct, Induced, Indirect)
$ 3,632,489,000
Business Revenue
$ 2,359,601,000
Total Taxes (state and local)
$ 334,189,000
High Scenario
2030
Total Jobs (Direct, Induced, Indirect)
99,556
Total Income (Direct, Induced, Indirect)
$ 5,565,089,000
Business Revenue
$ 3,614,984,000
Total Taxes (state and local)
$ 511,988,000
Direct – Construction,
trucking, maintenance,
warehouse, dispatch,
management, parts, rail, heavy
equipment operators &
security
Indirect – Business
opportunities to support
shippers, distributors, freight
forwarders, manufacturers,
restaurants, fueling, retail &
vocational training.
Numerous entry level and
family wage, full time, year
round jobs. Transportation
jobs = higher wage jobs.
16
South Florida International Logistics Center
The Opportunity
The South Florida International Logistics Center will be:




an integrated logistics campus of the Americas,
centrally located within the southern half of Florida,
with the ability to provide supply chain infrastructure,
that will enable the transformation of Florida into a
global hub for advanced manufacturing and
distribution.
“New and diverse businesses creating jobs and a
sustainable economy.”
17
South Florida International Logistics Center
Potential Southern Florida Major Logistics Transportation Network
(2 Major Rail Roads, 2 ILCs, 6 Sea & 4 International Airports, 1 of 5 Federally
designated relievers for int’l airports
3 Interstate Highways, The Turnpike & 8 US Highways)
18
South Florida International Logistics Center
Contact : Mark Morton (239) 434-8911 mark.morton@lykes.com
Location, Location, Location
Efficient mobility is a competitive advantage in the Global arena, where value is
created by the aggregation of products and the timely and cost-effective
movement of goods to market. Florida is ideally located in the center, a hub
and a Gateway to the Americas into and out of the United States.
A Plan for the Future
(Long Term Capitol Seeks, Predictability From a Long Term Plan and Unified
Commitment)
A comprehensive supply chain infrastructure master plan for domestic and
international freight, will position Florida as an economic powerhouse.
19