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Economy

“Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice”

“Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports after the Port of Baltimore was shut down in response to the collapse of the city’s Francis Scott Key Bridge. A massive rescue effort was underway Tuesday morning…

“These diverted volumes will impact the ports of New York/New Jersey, Norfolk and the Southeast and we have to prepare trucking and transload capacity to get that freight to its intended network,” Brashier said…”

https://www.cnbc.com/2024/03/26/logistics-companies-scramble-after-bridge-collapse-closes-port-of-baltimore.html

No one else has said this so I’ll be the first one. There is a trucker boycott against New York right now. These supplies are headed for New York. Maybe it’s a coincidence but New York benefits from this.

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