Group Mexico’s purchase of Florida East Coast Railway has opened up new opportunities for Florida ports to court all-water service from Mexico to bypass the congestion of Texas border crossings.
Florida East Coast Railway
Florida East Coast Railway
Florida East Coast Railway is a Class II railroad operating 351 miles of mainline track along the east coast of Florida. It is the exclusive rail provider to South Florida’s ports, linking them with the rest of the U.S. rail network. The railroad provides intermodal and carload service and moves commodities such as aggregate, automobiles, bulk liquids, building materials, orange juice, electronics and other items.
The Jacksonville, Florida-based railroad was founded in 1885 by Henry Flagler, who realized that the key to developing Florida was a solid transportation system. FEC has been a subsidiary of Railroad Acquisition Holdings, LLC, since 2007, itself a subsidiary of Fortress Investment Group, LLC.
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