Logistics Insider’s Post

🚢 Port of Baltimore Update: Despite the ongoing challenges following the Francis Scott Key Bridge collapse, the logistics team is working tirelessly to reroute shipments and mitigate disruptions. Alan Baer of OL-USA reflects on the complexity of the task ahead, emphasizing the need to adapt and prioritize amidst the chaos. While debris clearance continues, estimates suggest a staggering $1.7 billion weekly impact on trade. The resilience of port communities is evident as alternate ports step up to handle diverted cargoes. Stay tuned for further updates as the logistics puzzle unfolds. #PortOfBaltimore #LogisticsChallenges #SupplyChainDisruption 🛳️

The tragic collapse of the Francis Scott Key Bridge in Baltimore weighs heavily on our hearts. We offer our deepest sympathies to the families and loved ones of those who lost their lives and our unwavering support to all those impacted by this disaster. While the human cost is paramount, we understand the far-reaching effects this event has on the global supply chain. As a logistics provider, we remain committed to keeping you updated on the situation and its impact on shipping. The collapse of the Key Bridge in Baltimore this week, caused by the allision of Maersk-chartered m/v Dali, has closed the Port of Baltimore to vessel traffic indefinitely. It’s likely that the harbor will be closed for weeks, at a minimum, due to the extensive challenges involved in the recovery and clean-up operation. Vessels outside the harbor are being re-routed to nearby Mid-Atlantic and Northeast ports. Ship lines have declared force majeure and are issuing updates to sailing schedules. Container volumes typically handled by the Port of Baltimore are modest compared to other major East Coast ports, and the neighboring ports are optimistic they can absorb Baltimore volumes temporarily. Baltimore is a major player in volumes of non-containerized cargoes such as automobiles, coal, and breakbulk, however; accommodating those volumes at other East Coast ports may be more complicated. We expect that truck power at East Coast ports absorbing Baltimore volumes may become tight while cargo is diverted. According to the Journal of Commerce, PortsAmerica, which operates SeaGirt terminal in Baltimore, is discussing plans with CSX and Norfolk Southern to utilize regional rail shuttle service. Under the proposed plan, the rail shuttles would move containers between Baltimore terminals and other ports in an effort to mitigate long-haul container drayage that will be required for cargoes moving via other ports to and from the Baltimore region. The situation in Baltimore is very fluid. We will provide updates as developments occur. #Shipping #InternationalTrade #MarketUpdate #Baltimore #FrancisScottKeyBridge

The Baltimore bridge collapse is a catastrophe. In addition to an economic impact this has, and will cause, this terrible accident has created some major supply chain disruptions. 1. Ocean Cargo. >>This is the top U.S. port for volume of autos and light trucks, roll-on/roll-off heavy farm and construction machinery, imported sugar, and imported gypsum. >>107 vessels will not be able to call this port and will have to divert to other ports. Most likely - Norfolk, Philadelphia, New York and other East Coast ports will absorb cargo traffic from Baltimore in the short term. >>In addition - Port of Cleveland has direct vessel service to/from Europe with access to railways and major highways for inland transit. https://lnkd.in/g3qm8ie4 2. Road Transportation. >>The bridge is part of I-695 and serves as a major route that encircles the city. An estimated 5,000 trucks a day will now have to be rerouted. >>The part of I-695 that collapsed with the bridge is the only hazmat-approved bridge in the area. >>A number of major companies have distribution warehouses and other facilities at or near the port, including #Amazon, #FedEx and #BMW. #Baltimore #supplychain https://lnkd.in/giMGRfS8

In the wake of the Francis Scott Key Bridge collapse, the logistics sector faces immediate disruptions and a test of its adaptability. As cargo reroutes to other East Coast ports, the industry must navigate short-term challenges while considering the long-term impacts. Find out how this incident is reshaping the flow of goods in the coming months. https://mer.cr/3TFPVcv | #logistics #transportation #ports #baltimore

With the collapse of the #FrancisScottKeyBridge, the #LogisticsValue of many #supplychains that used that #port has changed. This has triggered a logistical chess match along the East Coast as companies swiftly adapt to reroute shipments and manage supply chains. With the Port of #Baltimore shut down, meticulous planning becomes paramount to mitigate #disruptions and ensure #FreightFluidity. https://lnkd.in/gKx_CNaT

Get the latest freight market update. Find out about the reopened Port of Baltimore, backlog at the Port of Charleston, and more. CLICK TO LEARN MORE: https://lnkd.in/gFgWE-du #freightmarketupdate #portofbaltimore

In the wake of the Baltimore bridge collapse, supply chains are demonstrating resilience despite challenges such as traffic congestion and cargo diversion. Stakeholders have adjusted operations to maintain cargo flow, including extending truckers' permitted hours and rapidly restoring the affected channel. Nearby ports, like the Port of Virginia, have reported handling increased container volumes without strain, thanks to existing capacity. Railroads have increased service between Baltimore and New York, forwarders are managing obstacles, and trucking capacity has met lane pressures adequately. Although some trucks have experienced longer trip times due to congestion, overall capacity has responded effectively. While container import logistics and chassis repositioning may pose challenges, Jonathan Eisen of the American Trucking Association believes the impact is manageable. Former Federal Maritime Commissioner William Doyle expects minimal disruption to most cargo categories, with only specific areas like coal exports and pulp products at the Port of Baltimore being significantly affected. Doyle concludes that the supply chain's resilience mirrors that of Baltimore itself. #Logistics #CNILink #World #Transporting #BaltimoreBridge #Infrastructure

Our President, Alan Baer was featured in The Wall Street Journal where he discusses the shipping aftermath of the Baltimore bridge collapse and the efforts OL is taking to ensure shipments arrive to their destination! Head to the link below to read the full article. https://lnkd.in/g3GwwzkX #logistics #shipping #francisscottkeybridge #shippingindustry #supplychain #OL #importexport #ocean #air #supplychainmanagement

#Logistics professionals are trying to adapt by rerouting trucks away from the area or to nearby tunnels and #redirecting cargo ships to #NewYork, #Norfolk and nearby Eastern Seabord ports for imports and exports. The Port of #Baltimore ranked 10th last year for container imports and is the busiest port for #autos, light trucks and heavy farm and construction, according to reports.

Major Bridge Collapse Disrupts Baltimore Port, Businesses Assess Impact Transportation Chaos in Mid-Atlantic: - The critical Francis Scott Key Bridge near Baltimore collapsed, shutting down shipping at the key East Coast Port of Baltimore. - The port is a major hub for autos, coal, and container traffic. Coal Shipments Stalled: - Consol Energy, a leading coal exporter, faces disruptions as the Coast Guard restricts access to the port. - While safety remains the top priority, the incident threatens coal export volumes. Retailers, Truckers Scramble for Solutions: - Businesses near the port, including Amazon with its vast distribution centers, are evaluating the shutdown's impact. - Logistics experts anticipate some delays, but the well-developed network of alternate highways and ports on the East Coast should minimize the overall economic disruption. Alternate Routes Activated: - Ports like Norfolk and New York/New Jersey are expected to handle most rerouted shipments. - Trucking companies are already planning detours around Baltimore, potentially causing delays but ensuring continued cargo movement. - Rerouting trucks carrying hazardous materials presents a unique challenge. - They cannot use the Baltimore Harbor Tunnel, a faster route, forcing them onto longer paths potentially exposing more communities. Uncertain Timeline for Port Reopening: - Maryland Governor Wes Moore offered no estimated reopening date for the port, leaving businesses in a holding pattern as they adapt to the altered landscape. Industries Impacted, But Resilience Expected: - The auto industry (including Volkswagen, Audi, Lamborghini, and Bentley) and heavy machinery sectors heavily rely on the Baltimore port. - Their operations haven't been halted yet, but companies are closely monitoring the situation and may face trucking delays due to rerouting. Businesses Explore Options: - Prologis, an industrial real estate leader, is exploring the possibility of shifting tenants to warehouses at other ports to minimize disruptions. Spice maker McCormick & Co. assures continued operations at its regional facilities. Trucking Industry Braces for Delays: - Freight brokers like Tucker Company Worldwide anticipate delays as trucking companies navigate reroutes around Baltimore. - The impact will likely be felt along the major I-95 East Coast corridor. Long-Term Impact Unclear: - The full extent of the economic disruption remains unknown. - While alternative routes offer some relief, the bridge collapse undoubtedly throws a wrench into the region's supply chain. #supplychain #logistics #oceanfreight #containershipping #baltimore #ports #delays #truckers #drayage #warehousing #3pls