Federal Marine Terminals, Inc. (FMT) signed an operating agreement with Port Itawamba, increasing its presence in the Southern region of the USA within this vital inland waterway system.
The facility, located in Northern Mississippi on the Tennessee-Tombigbee Waterway, covers an impressive reach, including destinations along the US Gulf Coast and into the US Midwest. FMT will be handling a variety of commodities including steel, bulk, forest products, and project cargoes while exploring additional opportunities. With this multi-year lease, the Port demonstrates its confidence in FMT, positioning the terminal operator as its exclusive stevedoring and logistics service provider.
âWe are excited to expand our current footprint by partnering with the Itawamba County Port to help drive new revenue streams for the Port and its community,â Louis Saint-Cyr, President of Federal Marine Terminals said in the companyâs press release. âOur strong expertise in logistics services will be an asset.â