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The Collapse Of The Francis Scott Key Bridge In Baltimore

22 Apr
2024
The Collapse Of The Francis Scott Key Bridge In Baltimore
The Collapse Of The Francis Scott Key Bridge In Baltimore

On the morning of Tuesday, March 26th, due to a collision with the cargo ship "Dali," has caused significant disruptions to the supply chain, impacting shippers and carriers globally.

The bridge, a crucial hub for goods entering and leaving Baltimore, now presents a major logistical obstacle for reliant shippers. Baltimore, ranked ninth in trade volume in the United States, primarily handles goods from automotive, construction, and agricultural industries. Its strategic location, with two-thirds of the U.S. accessible within a day's drive, enhances its significance.

Cleanup efforts for the collapsed bridge, underway by the U.S. Army Corps of Engineers, are expected to take several weeks. In the meantime, shippers must reroute cargo and seek alternative transportation methods, resulting in delays and increased costs. The surge in demand for trucking services in Baltimore may strain capacity and inflate prices.

Ocean container vessels bound for Baltimore will divert to other ports, likely causing congestion and delays along the entire U.S. East Coast, particularly in Norfolk and New York/New Jersey. Consequently, additional costs and service disruptions are anticipated for current and future shipments.

Transportation volume from Baltimore may shift to ports along the East Coast, such as Newark, Philadelphia, Wilmington, Delaware, Norfolk, Charleston, and Savannah.

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