relocated headquarters in Jacksonville since it sold the original General Office Building in St. Augustine to Flagler College in late 2006. Its trains run over nearly the same route developed by Henry Flagler, with the addition of the Moultrie Cutoff (St. Augustine to Bunnell), which was built in 1925 to shorten the main line south of St. Augustine. Leadership In March 2005, Robert Anestis stepped down as CEO of Florida East Coast Industries after a four-year stint, allowing Adolfo Henriquez to assume that position, with John D. McPherson, a long-time railroad man, continuing as president of the railway itself. By this time, the railroad had long since made peace with its workers. In late 2007, in a move surprising to many employees and railroad industry observers alike, the FEC was purchased for over US$3 billion (including non-rail assets) by Fortress Investment Group, the principal investors who also control short line railroad operator RailAmerica. John Giles was named chairman, and David Rohal was named president. Both men were also principals with major responsibilities at RailAmerica as well, although the ownership of FEC and RailAmerica were not linked corporately, and the spinoff of RailAmerica as a publicly traded company did not include FEC. In May 2010, James Hertwig was named as President and Chief Executive Officer of the company effective July 1, 2010. Hertwig had recently retired from CSX, most recently having served as president of CSX Intermodal, one of CSX's major operating units. James Hertwig retired as President and Chief Executive Officer of the company effective December 31, 2017, and was replaced by Nathan Asplund as the railway was purchased by Grupo México and now manages it along with its other transport interests. Operations The FEC operations today are dominated by "intermodal" trains and unit rock (limestone) trains. Passenger service was discontinued in 1968 after labor unrest. The company's major income-earning sources are its rock trains, transporting primarily limestone, and intermodal trains. FEC freight trains operate on precise schedules. Trains are not held for missed connections or late loadings. Most of the trains are paired so that they leave simultaneously from their starting points and meet halfway through the run and swap crews, so they are back home at the end of their runs. The FEC pioneered operation with 2 man crews with no crew districts, which they were able to start doing after the 1963 strike. The entire railroad adopted