Higher Prices Incoming: Supply Chain Disruptions Due To Baltimore Francis Scott Key Bridge Collapse
April 2, 2024
“…The Port of Baltimore processed a record 1.1 million containers of cargo in 2023, according to state data. That made it the ninth-busiest port in the nation based on U.S. trade volume, wrote Ryan Petersen, chief executive of Flexport, a supply chain logistics company.
It also handled nearly 850,000 shipments of cars and light trucks in 2023, more than any other port for the 13th consecutive year, according to state data. “This port is the No. 1 port for cars and farm equipment,” Baltimore Mayor Brandon Scott said Sunday on “Face the Nation.”
https://www.cnbc.com/2024/03/31/baltimore-bridge-collapse-a-national-economic-catastrophe.html
Higher prices are in your future. Prepare yourselves.