October 6, 2010
Executive Summary The project is essential to the Port’s future growth and ability to compete, and has the capacity to generate significant employment, economic development and environmental benefits The city of Miami was built on the back of rail, as was the Port which was built in 1964 with on-Port rail. All large successful Ports have rail access. In addition to the above benefits, Florida public agencies have received a commitment from Florida East Coast Railway that the Project would ready the port Lead Corridor for potential future commuter services and the return of intercity passenger service to its historic Downtown location 2
Business Leader 2009-2010 Cruise Record year with 4.1 million cruise passengers. Cargo #1 container Port in Florida; #11 busiest container Port in U.S. (moved up from #12) Capital Projects – Gearing up for Post-Panamax • Port of Miami Tunnel • Deep Dredge -5-’/-52’ • Rail 3
Port of Miami’s Long ‐ term vision TO GROW U.S. TRADE MARKET Port of Miami is the number one container port in Florida and is on the cusp of a transformation as it invests more then $1 billion in infrastructure improvements Three components for the Port of Miami to achieve long-term growth Dredging the cargo harbor to a 50-foot depth (approved, preliminary engineering design funded and underway) One of only three East Coast ports capable of handling the world’s largest cargo vessels Port of Miami Tunnel (approved, funded, and underway) Connects the Port with I-395 and I-95 and takes trucks off the local roadway system Build On-Dock/Near-Dock Rail to build an effective distribution network Future focus of the Port All three components complement one another and make the U.S. and region more competitive 4
Benefit: Increased Competitiveness With the expansion of the Panama Canal and permits to Neither of South Florida’s Ports on the dredge to a depth to accommodate the largest (post ‐ Top 10 list have Direct Rail Access Panamax) container ships, the Port of Miami is poised for substantial growth which makes direct (on ‐ dock) rail service a critical component to achieving growth Top 10 - US East Coast Seaports (2009 TEU's) Once post ‐ Panamax ships pick a port of destination, Direct Rail distribution networks are created, warehouses are built and Port Access infrastructure is improved. NY/NJ Direct rail service will enable the Port to increase Savannah throughput, operate more efficiently and offer more Norfolk competitive services to customers Charleston Streamlined transportation of containers off the port Jacksonville (and less storage time and fees) Lowest cost and mode of transportation Miami Once established, little ‐ to ‐ no capacity constraints as Port Everglades Port volumes grow Wilmington (DE) Extends market reach beyond points of local consumption Baltimore Port of Wilmington (NC) 5
Innovative partnership improving all aspects of life in the region Project Summary Florida East Coast Railway (“FEC”) proposes to rehabilitate the Port Lead from the • Port of Miami to FEC’s Hialeah Yard adjacent to Miami International Airport Using Hialeah will enable the Port to increase the volume of containers currently • coming through the Port in a safe, quiet and efficient manner FEC will be contributing funding for the project • Project will improve the quality of life in the region: • – Job Creation – Increased Competitiveness – Reduced Road Congestion – Positive Environmental Impact – Safety 6
FEC has a proven track record of best ‐ in ‐ class, safe service and partnership FEC currently handles over 264,000 intermodal units annually to and from South Florida, • significantly reducing highway congestion which improves safety of regional roadway network , while providing environmental benefits FEC has consistently demonstrated a superior safety record relative to Class I’s and • Amtrak – Winner of the E.H. Harriman Memorial Safety awards, 2003, 2005 through 2008 – Current safety frequency of 1.04 YTD, where the class 1 average is 1.44 FEC`s new management team has embraced the unique nature of its franchise and is • partnering with FDOT to unlock future freight and passenger interests in the South Florida corridor 7
FEC will be rehabilitating the Port Lead to handle trains at 25 MPH, quickly, quietly and efficiently FEC has an existing rail yard in Hialeah that can be reconfigured as an “Inland Port” to stage • and store traffic away from the port and downtown Miami FEC owns the 12 ‐ mile rail corridor that runs from the Port of Miami to FEC’s Hialeah yard • This underutilized asset could be used to create a “Shuttle train” that would move containers • into and out of the Port removing trucks from downtown Miami streets This Inland Port and Shuttle concept can grow as volumes through the Port of Miami increase, • taking trucks off of congested highways 8
Rebuilding the Port Lead Rehabilitate track for speed of 25 MPH, which will result in traversing the crossings in 90 • seconds All crossing will be upgraded to justify “quite zones”, no train whistles • Funding for sound barriers to noise suppression along designated areas • Railroad rehabilitation scheduled to be completed in 18 months • Rail Loading/Unloading Facility 9
Port of Miami shuttle train benefits Job Creation: In addition to jobs created during the construction period, the Project is • expected to generate almost 2,000 new, permanent jobs Increased Capacity: Each shuttle train will be able to handle over 200 TEUs safely and • efficiently from the Port of Miami to our Hialeah yard Fuel Efficiency and Reduced Emissions: FEC will use one third less fuel than trucks on a • per ton mile hauled; meaning less green house gas emissions in the Miami area Reduced Road Congestion: Shuttle train service between the Port and Yard would result • in immediately eliminating up to 120,000 truck trips / year – Miami ‐ Dade is currently the most congested and under ‐ capacity major metropolitan area in Florida Increased Competitiveness: Direct rail service will enable the Port to increase • throughput, operate more efficiently and offer more competitive services to customers Safety: More containers to / from the Port of Miami by rail instead of trucks provides a • safety benefit to the Miami ‐ Dade County Community 10
Project Costs and Funding Request Total Project Costs are estimated at $50,740,000 Summary of Project Construction and Total Costs Item Cost Bridge Reconstruction $ 3,500,000.00 Port of Miami Rail Intermodal Apron $ 20,084,000.00 Port of Miami Intermodal Rail Line Tracks $ 3,983,000.00 Port Lead (4.70 miles) $ 23,173,000.00 Total Cost of Construction $ 50,740,000.00 11
Recommend
More recommend
