Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage — a global transportation and materials handling company — has acquired Worldwide Terminals Fernandina, the manager and operator for the Port of Fernandina, Fla.
Located northeast of Jacksonville, Fla., the Port of Fernandina is a strategic intermodal terminal handling essential bulk, breakbulk and containerized cargo. The port provides mission-critical transport, logistics management and product-handling services to a diverse customer base.
“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.”
Ridgewood Infrastructure and Savage established Transportation