Canadian railway CN (NYSE: CNI) has partnered with others to develop a high-tech logistics near the Port of Mobile in Alabama for the export of plastics resins or pellets.
CN, Mississippi Export Railroad subsidiary Alabama Export Railroad and Ray-Mont Logistics expect the first phase of the logistics park in Mobile to be open in late 2021. The facility, designed to bag and containerize plastic pellets, will have an annual capacity of 25,000 twenty-foot equivalent units.
“With this new project CN...
https://www.freightwaves.com/news/cn-others-to-develop-plastics-resins-export-facility-in-alabama