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CSX completes first diverted cargo shipments on new rail line for Port of Baltimore - TL;DR CNBC

CSX completes first diverted cargo shipments on new rail line for Port of Baltimore

Publishing timestamp: 2024-04-04 09:02:47


Summary

CSX and Norfolk Southern have launched new rail routes to handle diverted freight between New York and Baltimore due to the closure of the Port of Baltimore. The Port of Baltimore closure has led to containers being diverted to other ports, impacting the supply chain and causing economic disruptions. Trucking operations are continuing as usual, but the closure of the port is expected to have significant economic impacts.


Sentiment: NEUTRAL

Tickers: CSXDNBNSC

Keywords: shippingmark schmidtbusiness newstransportation and shippingbreaking news: businesschicagorailroadtransportationnew yorknorfolk southern corpcsx corpbaltimoredun & bradstreet holdings inc

Source: https://www.cnbc.com/2024/04/04/new-csx-baltimore-crisis-rail-delivers-first-diverted-cargo-shipments.html


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