Baltimore ship accident has East Coast ports scrambling to absorb cargo
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The fallout from the deadly bridge collapse in Baltimore has caused the closure of the nation's 17th-largest port and the busiest gateway for vehicles. Neighboring ports along the US East Coast are modifying their operations to absorb the diverted cargo. Ports such as Norfolk, New York, and Charleston are expected to handle the additional cargo. The closure of the Baltimore port is expected to have ripple effects across the eastern US, impacting various industries and businesses. The timeline for reopening the Baltimore channel is unknown, but efforts are being made to clear the debris and establish a temporary alternate channel. The closure of the port highlights the need for more resilience and self-sufficiency in supply chains. While the immediate aftermath of the bridge collapse can be absorbed by neighboring ports, the longer-term impact is expected to be more severe.

#Baltimore #ShipAccident #EastCoastPorts #Cargo #BridgeCollapse #SupplyChains

https://m.economictimes.com/small-biz/trade/exports/insights/baltimore-ship-accident-has-east-coast-ports-scrambling-to-absorb-cargo/articleshow/108931077.cms