• Tue. May 28th, 2024

Bridge Accident at Francis Scott Key Bridge Halts Port Operations, Threatens Global Supply Chains

BySamantha Nguyen

Mar 28, 2024
How a bridge collapse impacts one of the busiest ports in the United States

In Baltimore on Tuesday, a bridge accident occurred, causing the shutdown of operations at the Francis Scott Key Bridge. This suspension of sea traffic passing through the port will have significant implications for global supply chains, as the Port of Baltimore is one of the busiest ports in the United States and handles over 750,000 vehicles last year.

The CEO of the British Institute of Export and International Trade, Marco Forgione, expressed concerns about the potential ripple effects on global supply chains due to the port’s suspension in an interview with the BBC. US Secretary of Transportation Pete Buttigieg also acknowledged the impact on supply chains in the United States, although it is too early to assess the full extent of the repercussions.

To mitigate the effects of the shutdown, major American car manufacturers such as General Motors and Ford have already announced plans to redirect their car deliveries to other ports. While smaller in terms of container traffic compared to larger ports in the northeastern United States, containers can still be redirected to these ports.

Despite this disruption caused by a bridge accident, experts believe that container transport and excess capacity in ocean freight services will help cushion its impact on supply chains. Companies like UPS are prepared to reroute shipments to alternative ports and modes of transport to ensure continued movement of goods.

While global supply chains have faced challenges from disruptions like corona pandemic and Suez Canal incident, experts suggest that a similar crisis is unlikely in this case. East coast ports are ready to assist ships meant for Baltimore, minimizing its impact on US economy as a whole.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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