Presentation on theme: "1 CSX & Florida Presentation to ABC of Central Florida November 15, 2011."— Presentation transcript:
1 CSX & Florida Presentation to ABC of Central Florida November 15, 2011
2 CSX’s Rail Network is a Competitive Advantage for Florida Founded in 1827 as B&O Headquartered in Jacksonville, FL Employees: 33,000 (5,000 in FL) 21,000 Miles of Rail Network Operates an Average of 1,200 Trains/Day Transports an Average of 20,000 Carloads/Day Serves 70 ocean, lake and river ports Key to the nation’s - and Florida’s - economic recovery
3 Rail is good for the economy and the environment Rail is the safest, most environmentally friendly mode of ground transportation available Moving freight by rail is 3 times more fuel efficient than over-the-road alternatives Trains can move a ton of freight 480 miles on a single gallon of fuel One train can carry the load of more than 280 trucks
5 A Public-Private Partnership to Improve Passenger & Freight Mobility The State of Florida recently purchased 61 miles of CSX’s A Line for the Central Florida commuter rail system (SunRail) CSX will reinvest its entire proceeds - $432 million – in Florida infrastructure, including: $198 million in S Line improvements (44+ miles new upgraded track; 15 locations - new sidings, improved connections) $52 million in statewide rail projects $40 million in connection to planned Intermodal Container Transfer Facility at JaxPort Other intermodal projects that will improve freight movement to, from, through and within Florida
7 CSX spent nearly two years searching for a site, but chose this one because:CSX spent nearly two years searching for a site, but chose this one because: –Rail frontage directly on the CSX mainline –1,250 Acres in a single location (318/932) –Central to growing Florida markets (ideal location to serve both Orlando and Tampa) –Access to SR 60 and other highway connections –Welcomed by City officials looking to spur economic growth/job creation and diversify local development (by encouraging more industrial) –Replaces long-haul truck traffic with more efficient freight rail Why Winter Haven?