SD70M-2s

Discussion relating to the FEC operations, past and present. Includes Brightline. Official web site can be found here: FECRWY.COM.

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Re: SD70M-2s

Postby CN9634 » Thu Jan 30, 2014 11:23 am

It is done. http://fecrwy.investorroom.com/2014-01- ... c.facebook

Allegedly 4 will be LNG units but I wonder if all can't be converted to LNG at some point
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Re: SD70M-2s

Postby MEC407 » Thu Jan 30, 2014 11:39 am

Well how about that. Not such a wild rumor after all, I guess!
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Re: SD70M-2s

Postby Noel Weaver » Thu Jan 30, 2014 2:41 pm

The EMD exclusive is being broken. The Florida East Coast has up until now had nothing but EMD locomotives in various models. This move has been under consideration for some time but I did not post anything because it was only being considered. They are not really happy with the SD-70's, there have been too many cases of them crapping out on the road and they seem to spend more time in the shop than new or reasonably new engines should. They were only leased anyway so look for all of them to be returned to the EMD or to the leasor. If you are in Florida anytime soon I would suggest you get your photos of the SD-70's ASAP. Plan is to keep the older power that they already own, is will maintained and does a good job on the road. Things always seem to be interesting here in Florida.

http://fecrwy.investorroom.com/2014-01- ... c.facebook

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Re: SD70M-2s

Postby KSmitty » Thu Jan 30, 2014 11:00 pm

Noel,
You mean all 11 SD70M-2's will go, the 3 leased and the 8 owned? Or just the 3 CITX units?
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Re: SD70M-2s

Postby Noel Weaver » Fri Jan 31, 2014 1:19 am

KSmitty wrote:Noel,
You mean all 11 SD70M-2's will go, the 3 leased and the 8 owned? Or just the 3 CITX units?


All of the SD-70's are leased and all will go back and it might happen quite soon. I have heard that GE will provide some demos or something to replace the SD-70 and this could happen within months.
The older engines for the most part are staying although a couple of them are being let go, 2000 and 403 are headed off property pretty soon, maybe to Progress Rail for some treatment. The 2000 has the old heritage paint job but it is the last one of the original GP-40's which was never upgraded to dash two standards and has given them some problems when it was used. I saw it on its last trip down here on the point of 224 many months ago. Engine 403 hasn't run in a while either although I don't know just what problem it had. Both might be gone by now. The FEC expects a substantial increase in business as a result of expansion at Port Everglades (Fort Lauderdale) and the Port of Miami (the yard is not complete here as yet so business is limited right now) and they are figuring for more new power to handle this new business. They are also going to extend some sidings and add a little bit more double track in order to better handle this business. The trailroad itself is in superb condition and it is a delight to see trains here.
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Re: SD70M-2s

Postby electricron » Fri Jan 31, 2014 8:52 am

Looks like someone should start a new ES44C4 thread. I will! ;)
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Re: SD70M-2s

Postby KSmitty » Fri Jan 31, 2014 12:37 pm

Thanks very much Noel, I'd thought the 100-107 were owned outright, or at least financed on a purchase plan.
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Re: SD70M-2s

Postby CN9634 » Sat Feb 01, 2014 6:39 pm

I don't believe the 100 - 107 are leased, although FEC probably owns the lease on them for a number of years.
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Re: SD70M-2s

Postby Noel Weaver » Sun Feb 02, 2014 1:37 am

CN9634 wrote:I don't believe the 100 - 107 are leased, although FEC probably owns the lease on them for a number of years.


They are leased just like a lot of railroads today lease their newer locomotives. I think you are talking out of both sides of your mouth with the above statement, it is confusing to say the least. By the way, look for the SD-70 to disappear from the railroad within the next few months, get your photos soon if you want photos of them
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Re: SD70M-2s

Postby CN9634 » Sun Feb 02, 2014 10:20 am

I know very well about this and there is a difference between leasing power (IE HELM, GMTX, etc) and owning a lease (Like most railroads) for a given period of time.
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Re: SD70M-2s

Postby Bright Star » Mon Feb 03, 2014 9:37 pm

Owning a lease makes no sense. The lessor owns the leased property-the lessee leases the property. Are you speaking of a finance lease vs a short term lease ?

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Re: SD70M-2s

Postby Noel Weaver » Mon Feb 03, 2014 10:57 pm

The SD-70's will start to go later this month as some leased GE's will arrive to temporarily replace them until the new ones have been built.
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Re: SD70M-2s

Postby CN9634 » Sun Feb 09, 2014 5:51 pm

Bright Star wrote:Owning a lease makes no sense. The lessor owns the leased property-the lessee leases the property. Are you speaking of a finance lease vs a short term lease ?

Bright Star


You're taking it too literal, it's an industry term.
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Re: SD70M-2s

Postby rrfoose » Wed Dec 03, 2014 1:12 pm

Who owns the FEC SD70M-2s? I wonder where they'll end up next...
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Re: SD70M-2s

Postby rrfoose » Tue Dec 09, 2014 12:13 am

Rumor has it the SD70M-2s will be heading north to Maine, to operate on Fortress's other railroad, the Central Maine and Quebec Railway (ex-MM&A).
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