Baltimore Port Closure: Impacts on Supply Chain
Baltimore Port Closure: Impacts on Supply Chain
The Port of Baltimore closure, triggered by a recent bridge collapse, has suspended vessel traffic for at least a month, significantly impacting operations. However, truck processing continues unabated within its terminals.
Despite not being the largest port in the United States, Baltimore holds immense significance in managing diverse cargo types, from cars to bulk carriers and containers. Gain exclusive insights from Tsveta Dimitrova, Vice President of Commercial Development at Traffic Tech, as she explains how it will affect the supply chain.
- The closure threatens to disrupt supplies of goods, from cars to coal and other commodities like sugar.
- It could create bottlenecks, increase delays, and raise costs along the eastern seaboard.
- Baltimore is the top port in the nation for automobile shipments, having imported and exported more than 750,000 vehicles in 2022.
Written by Tsveta Dimitrova, Vice President, Commercial Development