Baltimore Bridge Collapse Blocks One Of U.S.'s Largest Seaports [Forbes]
Under Armour, Inc. Class C (UA)
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Source: Forbes
Vessel traffic in and out of the Port of Baltimore is halted indefinitely after Tuesday's collapse, port officials said, leaving the status of imports up in the air at the nation's 20th largest seaport according to federal statistics More than 847,000 cars and light trucks moved through the Port of Baltimore in 2023, more than any other U.S. port, according to the state of Maryland. Besides the impact on car imports, 52.3 million tons of foreign cargo moved through the Port of Baltimore in 2023, worth more than $80 billion, the state said The Port of Baltimore also handles the largest volume of heavy farm and construction machinery in the country, according to the state. What We Don't Know How issues at the Port of Baltimore will impact global trade. Ships could be rerouted to other ports—in particular, Baltimore's container traffic is relatively low, so some container ships could be sent elsewhere, Reuters reported Tangent Outside of the maritime problems, the lack of the
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