MIAMI — Florida East Coast Railway’s lawsuit against Brightline — over Brightline’s efforts to develop commuter rail service in South Florida — has been stayed until the two parties can meet to discuss arbitration. Public broadcaster WLRN reports Miami-Dade County Circuit Court Judge Robert Watson granted the stay on Thursday, Nov. 13. Brightline is seeking […]
MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported higher third-quarter operating income last week as revenue grew despite flat volume. The transportation division’s operating income grew 9%, to $235 million, as revenue increased 8.9%, to $871 million. The railroads’ combined operating ratio […]
PRINCETON, N.J. — TRAC Intermodal has reached an agreement with Florida East Coast Railway that allows TRAC Intermodal to stage 53-foot domestic chassis directly at the Sunshine State railway’s terminals. This partnership will support FEC-controlled business and introduces a standardized domestic chassis fleet. The companies said, in an announcement on Monday, that their collaboration reflects […]
