CSX, Norfolk Southern tout intermodal investments in South, Midwest
Eastern U.S. railroads CSX and Norfolk Southern are involved in two projects aimed at bolstering intermodal infrastructure and assets in the South and Midwest. Inland container transfer facility planned to support Port of Mobile – The Alabama Port Authority has approved a $2.04 million purchase of 272 acres in Montgomery for construction of an inland container intermodal transfer facility that will support container traffic from the Port of Mobile. The port says extending intermodal rail service from the port will support Alabama’s manufacturing, retail, distribution and agribusiness sectors. CSX will serve the terminal, and the goal is to have regularly scheduled rail service between the port and inland customers. CSX (NASDAQ: CSX) plans to provide up to $12.5 million for infrastructure improvements in the facility, according to the Alabama Port Authority.