Freight railroad CSX is starting a new route between Baltimore and New York with the bridge collapse and port closure expected to create trade issues for weeks.
CSX tells CNBC the new route to move diverted Baltimore imports arriving into the Port of New York and New Jersey starts Tuesday.
Cargo congestion is expected after the bridge collapse that could keep the port closed for weeks to come. The new service"will help to manage the traffic flow that would typically transit through the Port of Baltimore," the CSX spokeswoman said in a statement to CNBC, though she stressed that the situation at the port is fluid."While the timeline for resuming freight operations at the Port of Baltimore remains uncertain, we are in constant communication with our customers, providing timely updates on the status of their shipments.
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