CSX Acquires Eastern Associated Terminal in Tampa
JACKSONVILLE, Fla., Aug. 7, 2013 /PRNewswire/ -- CSX Corporation announced today the purchase of the Eastern Associated Terminal in Tampa, Fla. from the Ingram Barge Company. The phosphate export facility is adjacent to CSX Transportation Inc.'s Rockport terminal on Tampa Bay, and the combined entity will be called Rockport Terminals.
As a result of the acquisition, CSX added 12 new positions for terminal operations to Rockport's current staff of 25. Shantel Johnson-Davis, who has led CSX's phosphates sales and marketing efforts in Tampa, was appointed assistant vice president and general manager – phosphates and fertilizers, and will lead both commercial activities and operations at Rockport Terminals.
"Purchasing the Eastern terminal provides strategic long-term value for CSX," said Johnson-Davis. "We will leverage synergies of the two terminals to better serve our customers and grow this important business."
Rockport Terminals are deep-water port facilities on Tampa Bay used for exporting phosphate from Central Florida's Bone Valley mining region. These facilities are located on more than 300 acres with over 25 miles of track, warehousing and state of the art loading systems.
The footprint of the combined terminals allows for quick, scalable expansion, and capacity for 1 million additional export tons. Johnson-Davis said that Rockport Terminals will seek additional commodity export opportunities and add import bulk business over time.
Approximately 300 CSX employees work in the Tampa Bay area, including train crews, engineering employees and mechanical teams. Facilities include a major classification yard and shops, an automobile distribution center and a TRANSFLO transloading terminal.
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For more than 185 years, CSX has played a critical role in the nation's economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation's population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and small farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook (http://www.facebook.com/OfficialCSX) and follow us on Twitter (http://twitter.com/CSX).
SOURCE CSX Corporation