Bridge Disaster Blocks Crucial Trade Hub for Autos, Consumer Goods
The total value of the foreign cargo was a record $80 billion in 2023.
The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, in Baltimore on March 26, 2024. Jim Watson/AFP via Getty Images
The major bridge collapse at the port of Baltimore could lead to a ripple effect in the shipping industry and potentially make a dent in the broader economy.
The port has become one of the most significant trade hubs in the U.S. today, with 12 private and 5 state-owned public marine terminals.
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
