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CSX starts new freight rail path to prevent Baltimore port closure, CNBC reports

Rail business CSX will begin a new freight rail service in between Baltimore and New York City for its clients on Tuesday to prevent the closure of the Port of Baltimore following the collapse of a major bridge, CNBC reported on Monday.

Baltimore-bound rail freight, which was diverted to the Port of New York and New Jersey after the disturbance, will utilize this new CSX service, the report included.

CSX did not instantly react to a request for comment.

Materials from Baltimore, which is one of the most busiest ports on the U.S. East Coast, have actually been interrupted following the lethal collapse of the Francis Scott Secret Bridge that was struck by the Dali, a huge cargo ship.

The Energy Info Administration last week stated that the port closure primarily affects U.S. coal exports and minimizes the bunker fuel use.

Baltimore handled exports of 28 million brief tons last year, comprising 28% of total U.S. coal exports and 2nd only to the Hampton Roadways port in Norfolk, Virginia, according to census data.

The port likewise deals with exports and imports related to automobiles, sugar, plaster and industrial devices, amongst lots of other commodities.

CSX had actually warned its coal clients recently about possible shipping delays after the accident. CSX owns the Curtis Bay coal pier in Baltimore, near where the Francis Scott Secret Bridge collapsed.

(source: Reuters)