Welcome!

Microsoft Cloud Authors: Elizabeth White, Yeshim Deniz, Serafima Al, Janakiram MSV, John Katrick

News Feed Item

FEC and Port Everglades Sign Joint Agreement to Promote New 42.5-acre Facility as Global Gateway

JACKSONVILLE, Fla., Dec. 13, 2012 /PRNewswire/ -- Anticipating its new 42.5-acre near-port intermodal container transfer facility to become a major international and domestic freight hub for South Florida, the Florida East Coast Railway (FEC) signed a joint marketing agreement with Port Everglades to promote the facility, which is expected to break ground in early 2013 and completed in Spring 2014.

"The ICTF with new technology will allow FEC to efficiently and effectively deliver superior transportation service between South Florida and the Eastern United States," said FEC Chief Executive Officer Jim Hertwig.  "This agreement enables FEC and Port Everglades to be in a competitive position for additional freight and jobs beyond the completion of the Panama Canal."

The agreement calls for joint promotions including international business development, the creation of promotional materials, shared sponsorships and milestone events.

The ICTF, to be adjacent to the Southport container terminals at Port Everglades, will facilitate containerized cargo transfer through the Port to/from the FEC main line.  The facility will be unique compared to similar facilities at other ports in that both domestic and international cargo will be handled at the site, which will result in advantageous transfer and shipping fees for Port Everglades customers.  By relocating the intermodal cargo from the current rail facility on Andrews Avenue, two miles from the Port, traffic congestion on State Road 84 will be reduced significantly.

"An ICTF adjacent to the Port Everglades pier operations will not only ensure our seaport remains competitive with other U.S. East Coast gateways, but will give our port a cost and time-to-market advantage over many of these gateways, thereby putting more and more South Florida residents to work as a result of the additional business opportunities it will generate," said Port Everglades Chief Executive & Port Director Steven Cernak. "This unique public–private partnership is consistent with Governor Scott's efforts to expand support to Florida's ports, leveraging private sector capital to complete the project."

FEC signed a lease agreement with Broward County in March 2012 to build and operate the ICTF for 30 years.  Broward County contributed the land for the facility to serve its domestic and international business segments.  The Florida Department of Transportation (FDOT) recently provided FEC, with $18 million in grants through its Strategic Intermodal System program.  The remaining costs, $35 million, will be covered by the FEC with $30 million from an FDOT State Infrastructure Bank loan and $5 million from FEC capital plan.

This project is expected to create 767 construction jobs over the next two years, and support thousands of cargo jobs statewide into the future.  It is estimated that 180,000 truck trips will be removed from roads by the year 2027, reducing both highway congestion and air emissions.

About The Florida East Coast Railway (FEC)
FEC is a 351 mile freight rail system located along the east coast of Florida and is the exclusive rail provider for PortMiami, 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 solutions to customers who demand more cost-effective options and premium service.  More information on Florida East Coast Railway is available on the Internet at www.fecrwy.com or e-mailing [email protected].

About Port Everglades
As one of South Florida's leading economic powerhouses, Port Everglades is the gateway for international trade and cruise vacations.  Already the second busiest cruise port worldwide, Port Everglades is also one of the nation's leading container ports.  Port Everglades is also South Florida's main seaport for receiving petroleum products including gasoline, jet fuel and alternative fuels.  The Port Everglades Department is a self-supporting Enterprise Fund of Broward County government with operating revenues of approximately $143 million in Fiscal Year 2012 (October 1, 2011 through September 30, 2012).  It does not rely on local tax dollars for operations.   The total value of economic activity at Port Everglades is approximately $15.3 billion.  More than 160,000 Florida jobs are impacted by the Port, including almost 11,400 people who work for companies that provide direct services to Port Everglades.  More information on Port Everglades, which is governed by the Broward County Board of County Commissioners, is available on the Internet at www.porteverglades.net or e-mailing [email protected].

SOURCE Florida East Coast Railway

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
BnkToTheFuture.com is the largest online investment platform for investing in FinTech, Bitcoin and Blockchain companies. We believe the future of finance looks very different from the past and we aim to invest and provide trading opportunities for qualifying investors that want to build a portfolio in the sector in compliance with international financial regulations.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
We are given a desktop platform with Java 8 or Java 9 installed and seek to find a way to deploy high-performance Java applications that use Java 3D and/or Jogl without having to run an installer. We are subject to the constraint that the applications be signed and deployed so that they can be run in a trusted environment (i.e., outside of the sandbox). Further, we seek to do this in a way that does not depend on bundling a JRE with our applications, as this makes downloads and installations rat...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Digital Transformation (DX) is not a "one-size-fits all" strategy. Each organization needs to develop its own unique, long-term DX plan. It must do so by realizing that we now live in a data-driven age, and that technologies such as Cloud Computing, Big Data, the IoT, Cognitive Computing, and Blockchain are only tools. In her general session at 21st Cloud Expo, Rebecca Wanta explained how the strategy must focus on DX and include a commitment from top management to create great IT jobs, monitor ...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...