Baltimore Union Warns Of Job Loss Tsunami After Bridge Collapse Paralyzes Port [zero hedge]
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Source: zero hedge
Baltimore Union Warns Of Job Loss Tsunami After Bridge Collapse Paralyzes Port The lengthy disruption at the Port of Baltimore, one of the busiest ports on the US East Coasts, will unleash supply chain snarls and resulting financial pressures for the local economy of Baltimore, Maryland, as it's only a matter of time before companies with direct and indirect exposure of the port fire workers. "I have 2,400 ILA members who are soon going to be without jobs," Scott Cowan, president of the labor union's Baltimore local, said in an interview Wednesday, as quoted by Bloomberg . Cowan said, "Getting them on the payroll, and keeping their families fed, putting food on the table is my first and foremost thought on my mind." Source: Bloomberg On Wednesday, Pete Buttigieg, the US transportation secretary, said it was "too soon to be certain" how long it would take salvage crews to remove the mangled Francis Scott Key Bridge from the shipping channel after a container ship rammed it on Tuesday.
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