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Congressional earmark aims to expand Port of Mobile container markets
Alabama lawmaker taking advantage of new policy that could be win for APM Terminals and CSX Port of Mobile looking to take advantage of “inland port” concept. (Photo: APM Terminals)
The resurrection of earmarks in Congress after a 10-year absence could become a boon for the Port of Mobile and its intermodal partners.
A project submitted by Rep. Terri Sewell, D-Ala., under the new “Community Project Funding” rule approved by lawmakers earlier this year would create an intermodal transfer facility in Montgomery, Alabama.
Sewell’s $2 million funding request would be used to purchase land for the project, located just south of Montgomery adjacent to a CSX [NASDAQ: CSX] rail line and close to two interstate highways. It would be the linchpin if the project is ultimately selected by congressional appropriators for funding for a $54 million cargo facility that would operate as an inland extensio
He came to town with a flourish. It was the late 1980s and word spread quickly through the Westmoreland County Courthouse that famed defense attorney F. Lee Bailey was in the building. He was due to appear before Judge Charles Loughran to defend his legal acumen. The dapper lawyer —
When a top executive resigns without explanation, rumors begin to fly at most companies.
But in the weeks following Marcus Lanznar’s resignation from Hartford-based healthcare technology firm CareCentrix, the water-cooler rumors took on a particularly urgent tone. Lanznar, formerly associate vice president at CareCentrix for new strategies and products, had gone to work for what the company considered a direct competitor, Signify Health, which has its principal executive office in Norwalk.
Lanznar left CareCentrix on Nov. 6, 2020, declining to detail his future plans to his bosses. CareCentrix filed a lawsuit a month later, in the federal district court in Delaware, alleging the former VP violated numerous non-compete agreements and shared confidential trade secrets with a competitor.