Port of Baltimore's indefinite closure deals blow to city, state economy [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
shipping services, which will impact the economy of the city and beyond, analysts said. Six people are missing and presumed dead after the Singapore-flagged MV Dali slammed into the bridge in the early morning hours, sending debris into the Patapsco River that continues to block a large portion of the channel that leads into Baltimore's harbor. The state of Maryland and the U.S. Department of Transportation announced the closure of the shipping lane to the port until further notice as the investigation, recovery and cleanup get underway. Economist Anirban Basu said that along with the Johns Hopkins Health System, the Port of Baltimore is one of the main drivers of the city and state economy, and its indefinite closure will impact jobs and revenue across the region. Baltimore is the largest city in Maryland, with a population of about 576,000. It has more than 2.8 million in its metropolitan area. “I would say the Port of Baltimore is the leading economic driver for the regio
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