Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army Terminal in Puerto Rico this week to unveil a US$85.3 million investment in the rehabilitation of the terminal’s finger pier.
This significant investment aims to enhance terminal efficiencies and bolster the company's ongoing weekly Jones Act service to the island. Also, the funding for this project is sourced from the CDBG-MIT infrastructure program.
Puerto Rico Ports Authority executive director Joel Pizá Batiz emphasized that this initiative "contributes to the construction of a more resilient maritime transport infrastructure system."
Mitch Luciano, CEO of Trailer Bridge, commented, "The foundation of our business began by serving the people of Puerto Rico and this historic investment is one worth celebrating. As a critical piece of the supply chain serving the island, funding projects like this are essential to our ability to develop and maintain continuity of service. We appreciate the commitment of our elected officials to prioritize this project and ultimately a brighter future for Puerto Rico."
Recently, the company has made significant investments in enhancing terminal infrastructure to deliver an efficient and seamless shipping experience for customers. These upgrades encompassed the installation of new lighting, pavement, a revamped ramp, and new office spaces for both employees and customers. Additionally, Trailer Bridge introduced a new terminal operating system to enhance visibility for equipment and cargo, while also partnering with a new security firm to ensure a safer workplace environment.
In early 2021, Florida-based Trailer Bridge, an asset-light, full-service transportation provider with offices across North America and in the Caribbean, inked its inaugural 20-year lease agreement with the Puerto Rico Ports Authority, followed by a parallel long-term lease agreement for its US terminal with JAXPORT in 2022.
