Monday, December 26, 2011

Railroad hubs: They're important to shippers who aim to move cargo inland to the Southeast

Florida ports, already trying to deepen their harbors for the super-size cargo container ships of the future, are also in a race to build new railroad hubs near their docks.
Aided by Jacksonville-based Florida East Coast Railway, South Florida ports have the inside track.
The company may be smaller than CSX, the Fortune 500 railroad company also headquartered in Jacksonville, but it is investing $16 million in cash and will borrow another $30 million to help improve railroad service to two South Florida ports it exclusively serves: Miami and Port Everglades in Fort Lauderdale. Continued

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