WASHINGTON (dpa-AFX) - CSX Corp. (CSX), Friday announced announced the re-opening of the expanded Howard Street Tunnel, which is expected to modernize freight rail transportation along the East Coast, boost Maryland's economy and the nation's supply chain.
The transformative $450 plus million infrastructure project will also increase business at the Port of Baltimore by approximately 160,000 containers annually and generate over 13,000 new employment opportunities.
The project was delivered through a partnership between CSX, the State of Maryland, the Federal Railroad Administration, and the U.S. Department of Transportation, the company noted.
Currently, CSX is trading at $33.90, up 0.36 percent on the Nasdaq.
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