Florida East Cost Railway

What Florida East Cost Railway does

Florida East Coast Railway (FEC) is a Class II regional railroad that owns and operates the only rail line on Florida's east coast, spanning a 351-mile mainline from Jacksonville to Miami. The company holds exclusive on-dock intermodal rail access at PortMiami and near-dock access at Port Everglades and the Port of Palm Beach, making it a structurally embedded rail provider for three of Florida's major deepwater container ports. FEC is a wholly owned subsidiary of Grupo México Transportes (GMXT), the leading Class I railroad in Mexico operating over 6,300 miles of track. Founded in 1895 and tracing its lineage to Henry M. Flagler's 1885 acquisition of the Jacksonville, St. Augustine & Halifax River Railway, FEC is headquartered in Jacksonville with 501-1,000 employees.

FEC's core technology and operational platform comprises a premium infrastructure base of head-hardened continuous welded rail and concrete ties across the full mainline, mixed-freight train capability (the only railroad on Florida's east coast running intermodal and carload on the same train), LNG-fueled locomotive operations under FRA concurrence, and full Positive Train Control coverage. Service portfolio includes intermodal (approximately 78% of business by volume), carload rail for bulk commodities and finished goods, a 12-facility transload network, industrial development on a 600+ acre land portfolio, and over-the-road trucking. Key technology partnerships include TRAC Intermodal (GPS-enabled 53-foot chassis) and interline agreements with Norfolk Southern and CSX for national network access.

FEC's revenue model is transaction-fee based on rail transportation services, with usage-based fuel surcharges indexed to U.S. DOE On-Highway Diesel Fuel Prices (adjusted monthly for carload, weekly for domestic intermodal, monthly for international intermodal). Go-to-market is hybrid: direct enterprise sales to beneficial cargo owners (BCOs) via the FECR Connect portal and field sales team, complemented by a channel partner network of motor carriers, Intermodal Marketing Companies (IMCs), and freight brokers. Customer segments span ocean carriers, NVOCCs, freight forwarders, manufacturers, distributors, and retailers across 15+ commodity categories. The company reaches approximately 70% of the U.S. population within four days from South Florida.

Name

Florida East Cost Railway

Legal name

Florida East Coast Railway

Website

https://fecrwy.com

Company type

Private

Founded year

1895

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Florida East Coast Railway is a Class II regional railroad operating the only rail line on Florida's east coast, providing intermodal and carload freight services across a 351-mile corridor from Jacksonville to Miami with exclusive on-dock access at PortMiami.

Ownership category

akta.pro rank

Product category

Freight Rail Transportation

NAICS

Rail Transportation (482), Short Line Railroads (482112)

SIC

Railroads, Line-Haul Operating (4011), Railroad Switching & Terminal Establishments (4013)

akta.pro primary industry

International Intermodal Ocean-Rail (Port Rail Drayage) (TLADAFAB)

akta.pro secondary industries

Finished Vehicle Rail Transport (Autorack Services) (TLADAJAB), Intermodal Network Operators & Marketing Companies (IMCs) (TLADAFAF)

Keywords

• Freight rail transportation
• Intermodal logistics services
• Carload rail shipping
• Port rail access
• Transload services

Headquarters

HQ city

Jacksonville

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Intermodal Rail Transportation: Truck-competitive intermodal rail service providing door-to-door and ramp-to-ramp shipping solutions for containers and trailers. Accounts for approximately 78% of FEC's business by volume. Includes domestic intermodal (shipped through channel partners: motor carriers, IMCs, freight brokers) and international intermodal (ocean containers, RoRo trailers, reefers, ISO tanks, flat racks, open tops).
2. Carload Rail Transportation: Traditional carload rail service moving bulk commodities in dedicated railcars (hopper cars, box cars, gondolas, auto cars) including aggregates, automobiles, perishables, packaged foods, building materials, ethanol, biofuels, petroleum products, chemicals, lumber, pulp and paper, and scrap materials.
3. Industrial Development / Real Estate: FEC manages a 600+ acre portfolio of land parcels adjacent to the mainline and major branchline corridor, available for lease to businesses seeking strategic positioning along Florida's east coast. Revenue generated through ground leases, aerial leases (cell towers, signboards), utility crossing licenses, and right-of-entry agreements.
4. Transload Services: Network of 12 transload facilities along Florida's east coast enabling non-rail-served customers to access rail economics via localized trucking. Handles bulk commodities, rail-to-ship transloading, and cross-dock operations. Revenue earned through transloading, warehousing, and distribution service fees.
5. Fuel Surcharges: FEC assesses indexed percentage fuel surcharges on all shipments based on U.S. DOE National Average diesel fuel prices, adjusted weekly (domestic intermodal customers) and monthly (international intermodal customers). For carload, surcharges are adjusted monthly based on the U.S. Average DOE price on the last Monday of each month.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Florida East Coast Railway (FEC) is a Class II regional railroad operating 351 miles of mainline track from Jacksonville to Miami. It provides end-to-end intermodal and carload rail transportation solutions, transload services, exclusive on-dock port rail access at PortMiami/Port Everglades/Port of Palm Beach, industrial real estate development along its corridor, and complementary over-the-road trucking for door-to-door logistics.

Product overview

Florida East Coast Railway (FEC) is a Class II regional railroad offering a portfolio of freight transportation services along 351 miles of mainline track from Jacksonville to Miami. The core product offerings include Carload Service for bulk and containerized freight, and Intermodal Service (broken into Domestic Freight and International Freight sub-products) for door-to-door truck-rail solutions. Supporting services include Transload Services (12 facilities enabling rail-to-truck transfer), Industrial Development (managing 600+ acres of real estate along the corridor), Exclusive Port Access (on-dock intermodal at PortMiami and near-dock at Port Everglades and Port of Palm Beach), and Over-the-Road trucking services. The company operates mixed-freight trains combining intermodal and carload equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Carload Service Rail freight transportation service moving various carload commodities including aggregates, automobiles, perishables, packaged foods, building materials, ethanol, biofuels, petroleum products, chemicals, lumber, pulp, paper, and scrap along Florida's east coast corridor.
• Intermodal Service Door-to-door truck-rail intermodal transportation solutions for containers and trailers, handling both domestic and international freight along Florida's east coast. Combines line-haul rail with in-house drayage and chassis fleet.
• Domestic Freight Domestic intermodal rail service offering ramp-to-ramp and door-to-door services with multiple daily train departures operating 7 days a week, including overnight service to/from Jacksonville and second-morning service between Atlanta/Charlotte and South Florida.
• International Freight International intermodal service providing on-dock rail at PortMiami and near-dock rail at Port Everglades and Port of Palm Beach, with interline connections to the ports of Charleston and Savannah for global trade.
• Transload Services Rail-to-truck transload network with 12 facilities across Florida enabling non-rail-served customers to utilize long-haul rail economics with localized trucking convenience for bulk commodities, cross-docking, warehousing, and distribution.
• Industrial Development Industrial real estate development service managing a 600+ acre portfolio of more than 80 land parcels along the FEC corridor, with ground leases, aerial leases (cell towers, signboards), utility crossing licenses, and right-of-entry agreements.
• Exclusive Port Access Exclusive on-dock intermodal rail access at PortMiami and near-dock access at Port Everglades and Port of Palm Beach, providing bi-directional intermodal capabilities for moving marine containers for ocean carriers, NVOCCs, and freight forwarders.

Quantifiable outcome

• Reaches 70% of U.S. population within four days
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Port of Palm BeachcoreTechnology or Integration · 25 March 2026FEC is the exclusive rail provider at the Port of Palm Beach in Riviera Beach, Florida, operating 6 miles of on-site rail track with 24-hour intermodal, bulk, and pier-side rail operations. The Port of Palm Beach completed a $30 million Port Infrastructure Development Program including rehabilitation of 6.5 miles of onsite rail track and expanded freight-rail capacity, funded by Florida DOT and U.S. Maritime Administration, finishing six months ahead of schedule in March 2026.
• U.S. Congressman Brian MastminorGTM or Marketing Partner · 6 February 2026U.S. Rep. Brian Mast urged local governments and a tax district to create formal contractual agreements with FEC and Brightline before receiving public funds for railroad infrastructure projects in South Florida. Congressman Mast's advocacy highlights FEC's role as a critical infrastructure partner in regional transportation planning.
• TRAC IntermodalcoreTechnology or Integration · 27 October 2025TRAC Intermodal and Florida East Coast Railway entered into an agreement to stage 53-foot domestic chassis at FEC terminals. The partnership provides FEC-controlled business access to a newer, GPS-enabled fleet with market-specific business rules, enhancing operational efficiency and customer service for domestic intermodal customers.
• Norfolk Southern RailwaycoreTechnology or IntegrationNorfolk Southern and FEC partnership drives a freight boom along a textile corridor from North Carolina to Florida, reducing truck traffic. FEC connects with Norfolk Southern's national network at Jacksonville, enabling NS Peachtree Service (Atlanta-Fort Lauderdale/Miami), NS Atlanta Service (Atlanta-Titusville), and NS Charlotte Service (Charlotte-Fort Lauderdale/Miami/Port Miami). This interline partnership extends FEC's geographic reach and enables seamless freight service to/from the U.S. interior.
• BrightlineminorStrategic or Co-development PartnerFEC and Brightline have an ongoing legal dispute (FEC sued Brightline for breach of contract regarding the use of freight tracks for passenger trains). Brightline had proposed a passenger station in Stuart, Florida, which FEC formally rejected, citing Coast Guard regulation violations related to bridge operations. The commuter rail project (Tri-Rail extension) in Miami-Dade, Broward, and Palm Beach counties remains uncertain due to this dispute, currently paused pending arbitration.

Scale indicators14 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• CSX Transportation: CSX is the dominant Class I railroad serving the eastern United States and an FEC interline partner at Jacksonville. It carries freight to/from the same Florida markets but as part of a much broader national network rather than focusing on a single corridor.
• Union Pacific Railroad: Union Pacific is a major Class I railroad serving the western two-thirds of the U.S. with deep intermodal capabilities. As one of the dominant U.S. intermodal Class I operators, UP defines the scale and competitive benchmark that FEC's Florida east coast intermodal business must keep pace with to retain shipper mindshare.
• BNSF Railway: BNSF is one of the largest North American Class I railroads. While BNSF's operating geography is largely western U.S., its intermodal franchise and national interchange model establish the incumbent benchmark that regional intermodal operators like FEC compete against and partner with.
• Canadian Pacific Kansas City (CPKC): CPKC is the Class I railroad that combined Canadian Pacific with Kansas City Southern to create a major cross-border Mexico-US-Canada corridor with deep intermodal and port rail capabilities. FEC's GMXT parent sits within the same Mexico-US intermodal logic that CPKC pursues at larger scale.
• Norfolk Southern: Norfolk Southern is a Class I eastern U.S. railroad and FEC's interline partner via Peachtree, Atlanta, and Charlotte services. NS serves Southeast shippers at greater scale, providing the upper end of the regional rail market FEC connects to.

Others

• Brightline: Brightline operates passenger rail service in Florida using track rights shared with FEC. While Brightline is a passenger operator rather than a freight competitor, the two companies' relationship — including ongoing litigation over shared track and proposed stations — makes Brightline an adjacent peer with shared infrastructure exposure.

Direct peers

• Watco Companies: Watco operates 43+ short-line railroads across the U.S. plus transload, terminal, and rail-related logistics services. Like FEC, Watco combines owned regional track with intermodal-adjacent value-added services for shippers.
• Patriot Rail Company: Patriot Rail operates regional and short-line railroads across the U.S., providing freight, switching, and intermodal services. Its model of owning/maintaining regional rail corridors and serving industrial customers mirrors FEC's operating and revenue model.
• R.J. Corman Railroad Group: R.J. Corman operates multiple short-line and regional railroads across the U.S. with switching, transload, and industrial development offerings. Its diversified regional rail services portfolio closely parallels FEC's mix of carload, transload, and industrial real estate.
• Genesee & Wyoming Inc: Genesee & Wyoming operates one of the largest short-line and regional railroad networks in North America with over 100 freight railroads. FEC is a comparable Class II/regional operator offering carload and intermodal services under similar regulatory and operating constraints.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fecrwy
• Facebookfacebook.com/3461988
• LinkedInlinkedin.com/company/florida-east-coast-railway

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Florida East Cost Railway