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 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, the company said in a statement.
Registration takes less than 1 minute.
The mid-Atlantic port is moving quickly to make large strategic investments in marine and inland terminals after years of relative neglect.
Atlantic Forest Products, a wholesale distributor of building materials, has signed a long-term lease at Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore.
The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.