January 27 - The Port of Indiana-Jeffersonville handled over 2.4 million tonnes of cargo in 2014, up 48 percent over 2013. This was the first time annual shipments exceeded 2 million tonnes in the port's 29-year history.
Steel shipments at the gateway rose 72 percent year-on-year over 2013 levels. For the year, the port handled approximately 1,300 barges, 197,000 trucks and 18,000 railcars.
"These robust year-end numbers illustrate the impact our port companies have on the region's economy," said Ports of Indiana ceo Rich Cooper. "We also had tremendous growth in the port's 'steel campus' in 2014 as five companies announced over USD50 million of new investments related to steel processing. The port's access to the Ohio River provides a sustainable competitive advantage for multimodal companies that want to reach world markets from the Midwest."
In 2014, Mill Steel Co. opened a new flat-rolled steel service center at the port; Diaz Group and Steel Technologies also established a joint venture to process aluminum, steel coils and other materials at the gateway.
"This is a transformational time for our port," said port director Scott Stewart. "The shipping records, major company investments and the construction of a new Ohio River bridge are all strong indicators of future economic growth in this region. When the new interstate bridge opens in 2016 just a mile away, this port will have significantly improved access to new markets in the region stretching from Louisville and Cincinnati to Lexington and Nashville."