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[QUOTE]Originally posted by Gilbert B Norman: [QB] Mr. Palmland, what else other than container traffic does FEC have? OK, some minerals (phosphates), maybe some citrus, but it seems to me most of those processing plants are in Central FL away from FEC and very much on CSX. The State has put the big $$$ in the ports; all with Gov. Scott at the helm. I still would think they want to protect their investment. Possibly they will choose an independent operator, as distinct from owner, who can take over a darned efficient and profitable road. One thing of importance around here; AAF could well be dead if the road is sold to anyone other than the State. Lest we forget, the Miami real estate is not part of the deal. However, if the State does own the FEC, then I will become considerably more optimistic that AAF will turn a revenue wheel. However, before I go and order a cake from Standard Market shaped like a Bowler Hat, the project is no longer for the account of the private sector. Final thought; we are now three months into the Neo-PANAMAX era. Last week, I drove the NJTurnpike near Elizabeth; awful lot of cranes Skyward. Maritime shipping, as exemplified by the Hanjin bankruptcy and Maersk laying up vessels, is starting to resemble the Dark Ages when we both started our railroad careers. [/QB][/QUOTE]
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