The Baltimore Bridge Collapse Is Going To Have An Enormous Impact On U.S. Supply Chains

No matter how it was caused, this tragedy is going to have an enormous impact on U.S. supply chains.

According to Bloomberg, it appears that the Port of Baltimore will be "Out of commission indefinitely".

The Port of Baltimore - the biggest handler of US imports and exports of cars and light trucks - looks to be out of commission indefinitely.

The 11th largest port in the nation, Baltimore served an average of 207 calls a month last year, according to the shipping journal Lloyd's List.

In any event, we are talking about a multi-faceted crisis that is going to be affecting U.S. supply chains for the foreseeable future.

At a press conference following the collapse of the bridge, Transportation Secretary Pete Buttigieg openly admitted that we are looking at a "Major and protracted impact on supply chains".

"There is no question this will be a major and protracted impact on supply chains," Transportation Secretary Pete Buttigieg said during a Tuesday afternoon press conference in Baltimore. 

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