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Florida East Coast Railway moves major carload freight along its rail network, handling commodities such as aggregate, automobiles, lumber, farm products, food and related items, machinery, pulp and paper, petroleum products, stone, clay, and glass. Its product is freight transportation by rail: customers ship goods in freight cars, which the railroad moves between origins and destinations, coordinating loading, routing, and delivery. The company differentiates itself through a long history (since 1885) and a focused, regional network that specializes in a wide range of bulk and manufactured goods, offering established service along the Florida East Coast. Its goal is to provide reliable, efficient rail freight service that connects industrial suppliers and customers across its corridor, supporting economic activity in the region.
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
201-500
Company Stage
Acquired
Total Funding
$2.1B
Headquarters
Jacksonville, Florida
Founded
1885
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Total Funding
$2.1B
Above
Industry Average
Funded Over
1 Rounds
Stuart secured $130.5 million federal grant and Florida East Coast Railway has secured $25.5 million.
At the time, the use of steamships was falling out of favor as access to railroads increased, and in fact, the St. Lucie had been purchased by the Florida East Coast Railway to carry workers and supplies throughout the Keys.
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Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
201-500
Company Stage
Acquired
Total Funding
$2.1B
Headquarters
Jacksonville, Florida
Founded
1885
Find jobs on Simplify and start your career today