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Florida East Coast Railway's new ICTF Grand Opening July 14


News provided by

Florida East Coast Railway, LLC

Jun 04, 2014, 09:09 ET

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JACKSONVILLE, Fla., June 4, 2014 /PRNewswire/ -- Florida East Coast Railway, LLC (FEC) will open its new state-of-the-art Intermodal Container Transfer Facility (ICTF) adjacent to Port Everglades, with a grand opening ceremony on July 14, 2014.

The 43-acre facility increases FEC's available intermodal capacity from 100,000 to 450,000 lifts a year and the unique, near-dock facility will improve the transfer of both domestic and international containers between ships and rail. Currently such containers must be drayed off-port to rail terminals such as Andrews Avenue rail yard in Fort Lauderdale or to Hialeah rail yard in Miami-Dade County.

Additionally, having empty 53-foot domestic containers and trailers adjacent to the port provides more opportunities to trans-load import cargo from ocean containers to domestic containers for inland rail transport. This results in more domestic containers moving north as loads instead of empties, increasing the efficiency of our intermodal network.

The new ICTF will facilitate faster delivery times and create less congested roadways by eliminating a high volume of trucks from our state highways.

About Florida East Coast Railway
The Florida East Coast Railway ("FEC") is a 351-mile freight rail system located along the east coast of Florida. It is the exclusive rail provider for Port Miami, Port Everglades, and Port of Palm Beach. FEC connects to the national railway system in Jacksonville, Florida, to move cargo originating or terminating there. Based in Jacksonville, Florida, FEC provides end-to-end intermodal and carload solutions to customers who demand cost-effective and premium quality.

About Port Everglades
At the crossroads of North-South and East-West trade, Port Everglades is one of the nation's leading container ports, handling nearly one million TEUs (20-foot equivalent units, the industry standard measurement for container volumes) annually and serving as a gateway to Latin America, the Caribbean, Europe and Asia. Located in Greater Fort Lauderdale, Florida, Port Everglades is in the heart of one of the world's largest consumer regions, including a constant flow of up to 110 million residents and seasonal visitors combined within a 500-mile radius. Port Everglades has direct access to the interstate highway system and the Florida East Coast Railway (FEC) intermodal hub, and is closer to the Atlantic Shipping Lanes than any other Southeastern U.S. port. Ongoing capital improvements and expansion will ensure that Port Everglades can continue to handle future growth in container traffic. A world-class cargo handling facility, Port Everglades serves as an ideal point of entry and departure for products shipped around the world. More information about Broward County's Port Everglades is available on the Internet at porteverglades.net or by calling toll-free in the United States 1-800-421-0188 or emailing [email protected].

SOURCE Florida East Coast Railway, LLC

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