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Ridgewood Infrastructure and Savage acquire Florida port operator

Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage, have acquired Worldwide Terminals Fernandina, manager and operator of the Port of Fernandina, Florida.

The Port of Fernandina, northeast of Jacksonville, is an intermodal terminal handling bulk, breakbulk and containerised cargo.

Fernandina is Transportation Infrastructure Partners second acquisition, complementing the joint venture’s Carolina Marine Terminal operations in Wilmington, North Carolina.

“Fernandina’s deep-water port, storage facilities, and access to major rail and highway routes form the backbone of an essential infrastructure business,” said Ryan Stewart, partner of Ridgewood Infrastructure. “Under Transportation Infrastructure Partners’ leadership, we see significant opportunities to expand and enhance Fernandina’s operations.”

Kim Biggar

Kim Biggar started writing in the supply chain sector in 2000, when she joined the Canadian Association of Supply Chain & Logistics Management. In 2004/2005, she was project manager for the Government of Canada-funded Canadian Logistics Skills Committee, which led to her 13-year role as communications manager of the Canadian Supply Chain Sector Council. A longtime freelance writer, Kim has contributed to publications including The Forwarder, 3PL Americas, The Shipper Advocate and Supply Chain Canada.
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