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SVTPerformance's Chain of Restaurants
Road Side Pub
Total bridge collapse in Baltimore...
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<blockquote data-quote="Weather Man" data-source="post: 17026651" data-attributes="member: 137766"><p>Lawsuits are gonna employ a lot of lawyers for years to come.</p><p></p><p>Consol Energy (NYSE:<a href="https://seekingalpha.com/symbol/CEIX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews" target="_blank">CEIX</a>) -8.7% and CSX Corp. (<a href="https://seekingalpha.com/symbol/CSX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews" target="_blank">CSX</a>) -1.4% in early trading Tuesday following this morning's <a href="https://seekingalpha.com/news/4083602-maersk-says-it-chartered-ship-that-rammed-into-baltimore-bridge?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews" target="_blank">collapse</a> of the Francis Scott Key Bridge in Baltimore, likely blocking the Patapsco River and <a href="https://www.argusmedia.com/en/news-and-insights/latest-market-news/2551664-baltimore-bridge-collapses-after-ship-collision-update" target="_blank">affecting operations</a> at the Port of Baltimore.</p><p></p><p>Baltimore is considered the largest port in the U.S. for specialized cargo such as trucks, tractors and trailers, handling a record 52.3M tons of ocean-going cargo last year, according to Argus, which also said a number of the port's terminals are upriver from the bridge.</p><p></p><p>Consol Energy's (<a href="https://seekingalpha.com/symbol/CEIX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews" target="_blank">CEIX</a>) Consol Marine Terminal is used to load coal into large ocean-going ships.</p><p></p><p>The Port of Baltimore loaded 2.4M tons of coal in February, up from 2.1M tons a year earlier, according to Argus, citing analytics firm Kpler, and two of the Atlantic coast's five coal terminals are in Baltimore.</p><p></p><p>CSX (<a href="https://seekingalpha.com/symbol/CSX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews" target="_blank">CSX</a>) railroad's Curtis Bay Coal Piers and the Consol Marine Terminal, which have a combined 30.8M tons of export capacity, are upstream of the bridge, meaning ships will not be able to serve them until the route reopens, Argus reported, also noting that both terminals take thermal and coking coal from Appalachia.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 17026651, member: 137766"] Lawsuits are gonna employ a lot of lawyers for years to come. Consol Energy (NYSE:[URL='https://seekingalpha.com/symbol/CEIX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews']CEIX[/URL]) -8.7% and CSX Corp. ([URL='https://seekingalpha.com/symbol/CSX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews']CSX[/URL]) -1.4% in early trading Tuesday following this morning's [URL='https://seekingalpha.com/news/4083602-maersk-says-it-chartered-ship-that-rammed-into-baltimore-bridge?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews']collapse[/URL] of the Francis Scott Key Bridge in Baltimore, likely blocking the Patapsco River and [URL='https://www.argusmedia.com/en/news-and-insights/latest-market-news/2551664-baltimore-bridge-collapses-after-ship-collision-update']affecting operations[/URL] at the Port of Baltimore. Baltimore is considered the largest port in the U.S. for specialized cargo such as trucks, tractors and trailers, handling a record 52.3M tons of ocean-going cargo last year, according to Argus, which also said a number of the port's terminals are upriver from the bridge. Consol Energy's ([URL='https://seekingalpha.com/symbol/CEIX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews']CEIX[/URL]) Consol Marine Terminal is used to load coal into large ocean-going ships. The Port of Baltimore loaded 2.4M tons of coal in February, up from 2.1M tons a year earlier, according to Argus, citing analytics firm Kpler, and two of the Atlantic coast's five coal terminals are in Baltimore. CSX ([URL='https://seekingalpha.com/symbol/CSX?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link%257Cfirst_level_url%253Anews']CSX[/URL]) railroad's Curtis Bay Coal Piers and the Consol Marine Terminal, which have a combined 30.8M tons of export capacity, are upstream of the bridge, meaning ships will not be able to serve them until the route reopens, Argus reported, also noting that both terminals take thermal and coking coal from Appalachia. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Total bridge collapse in Baltimore...
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