The public-private partnership is aimed at increasing the height of the Howard St. Tunnel so two containers can be loaded onto intermodal cars, making it more efficient for traffic moving to and from the Port of Baltimore.
Trucking and intermodal carrier Swift Transportation grew net income 4.7 percent year-over-year to $38 million in third quarter 2016 on revenues that slipped 4.9 percent to $1.01 billion compared with the same 2015 period.
RoadOne IntermodaLogistics said it has acquired Milford, Conn.-based C & V Transportation in an effort to expand its operations in southern New England and the Port of New York and New Jersey.
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The Northern California seaport saw throughput of loaded export boxes jump 10 percent while laden imports fell 4.2 percent compared with the same 2015 period, according to recent data from the port authority.
The National Hurricane Center issued a public advisory at 11:00 a.m. EDT that said the Category 4 Hurricane off the coast of Haiti is moving north at 10 miles per hour.
The Southern California port’s box volumes declined considerably after South Korean ocean carrier Hanjin filed for bankruptcy Aug. 31.