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Global Shipping Update: Container shipping received some welcome news this week as the port of Baltimore opened its main shipping channel. Port operations have been at a near standstill since the collapse of the Francis Scott Key Bridge, which was struck by the container ship Dali. Authorities removed the stricken vessel and cleared debris from the main shipping channel. With the main shipping channel open, normal port operations can resume and large container vessels can again use the port. It will take the port a few months to reach the same capacity levels as before the crash, but officials are hopeful business will make a swift return. Below is a list of just some key shipping lanes and service possibility. #Logistics #Relocation #PortofBaltimore #ContainerShip #Shipping

[Breaking News] - Baltimore Bridge Collapse Situation The Baltimore bridge collapse has caused a major supply chain shock in the US. The incident has immediate human consequences, with ongoing rescue operations for potentially missing individuals. The nearly 50-year-old Francis Scott Key Bridge collapsed due to a container ship collision, raising questions about its resilience and safety measures. The economic impact is significant, particularly for Baltimore's port, which handles a large volume of goods. The closure is estimated to cost around $217 million daily, affecting companies like Ford and GM. This may lead to higher transportation costs and longer shipping times, impacting the agricultural sector as well. Business owners can mitigate the impact by taking several steps: 1️⃣ Diversifying supply routes 2️⃣ Investing in supply chain visibility 3️⃣ Develop contingency plans 4️⃣ Collaborating with industry partners Our local teams, domestic trucking, and warehousing solutions are available to help you overcome current challenges. Please reach out to us for assistance >> https://lnkd.in/dpThjSNr Sincerely, Unicargo Management & Staff #Unicargo #logistics #baltimorebridge #domesticfreight #warehousing #roadfreight

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

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

#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.

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

The Port of Baltimore faced a big problem when a ship crashed into a bridge, causing a lot of the port's activities to stop. This blockage is a big issue because the port is important for shipping many goods, including vehicles and farm equipment. March is especially busy for shipping farming tools for the upcoming planting season. To fix the problem and reopen the port, the U.S. Coast Guard and other agencies are working to clear the debris, but it's not clear when everything will be back to normal. Meanwhile, companies that need to ship goods are looking at other ports like New York, New Jersey, Virginia, and Philadelphia as alternatives. https://lnkd.in/g_tK2Gvh #SPRING2024SCLT3387  José Manuel Velarde CSCP, CPIM, CPSM, CPSD Margaret A. Kidd, CMILT, CPE™ Supply Chain & Logistics Technology - University of Houston

The recent #BaltimoreBridgeCollapse has stirred conversations about Baltimore's logistics landscape. Despite challenges, experts foresee a resurgence, highlighting Baltimore's strategic advantage of lower costs and improved reliability in freight services. In a recent interview with The Baltimore Sun, GoComet CEO Gautam Prem Jain along with other industry leaders shared predictions for the Future of #BaltimorePort. Read more: https://lnkd.in/dkhSHHJa #LogisticsInsights #SupplyChain #Freight #ServiceReliability

The newly opened channel, although providing some relief, has limitations. With a depth of only 11 feet, it can accommodate only a fraction of the typical port traffic. To Read More: https://lnkd.in/dBPeSy6d #baltimore #shipping #supplychain #logistics #port #cargo #transportation #shippingsolution

Baltimore Bridge Collapses Following Containership Collision A containership has crashed into a Baltimore bridge overnight, leading to it’s entire collapse and several vehicles falling into the river. View footage of the bridge collapse via the link below on our news page https://buff.ly/4atc8RF #shipcrash #baltimorebridge #shipping #freightforwarding #supplychain #logistics