Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike shutting down ports across the East and Gulf coasts began at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls … Read more
Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on Saturday, Sept. 28, 2024. Micah Green | Bloomberg | Getty Images With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after … Read more
This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. In 2007, Alex Smith had no designs on building a multi-state restaurant group that brings in nine figures annually. He just wanted to open an ice cream shop. Smith, now 40, was right … Read more
Photo: Chip Somodevilla (Getty Images) Back in March, when the container ship Dali lost propulsion and crashed into the Francis Scott Key bridge, it prompted plenty of questions. Can the boat be freed? Who pays to fix or replace the bridge? Is Woke to blame for this? Coming on two months since the crash, though, … Read more
The collapse of Baltimore’s Francis Scott Key Bridge earlier this year and an I-95 overpass in Philadelphia last June weren’t triggered by structural flaws — a runaway, powerless ocean ship and tanker fire were the culprits. But the disasters were the latest examples of an issue seen across the U.S.: trillions of dollars worth of critical — … Read more
The enormous Dali container ship has been stuck in Baltimore since it hit and destroyed the Francis Scott Key bridge way back in March. The ship lost power and careered into one of the supports for the bridge, bringing it crashing down and killing six workers on the bridge. Now, engineers are planning to blow … Read more
A.P. Moller-Maersk says that based on progress made in the Port of Baltimore collapsed bridge clean-up, it may be able to set a timeline on returning to the port in the next week or so, and resumption of network services at the Baltimore port for the second-largest global ocean carrier could come by the end … Read more
Baltimore’s Francis Scott Key bridge collapsed in March after it was struck by an enormous container ship that lost power while exiting the city’s port. The collision left the stricken Dali container ship stuck under the remnants of the bridge and made entry and exit of the Port of Baltimore nearly impossible. Now, experts have … Read more
It’s amazing what they can do with technology. Screenshot: Voluma.AI Baltimore’s Francis Scott Key Bridge collapsed in March after it was hit by a cargo shop that lost power. The strike from the ship brought the towers of the bridge crashing down and left the Dali cargo ship stuck under thousands of tons of metal. … Read more
Protection around America’s bridges has been thrown into question in recent weeks after a massive container ship hit and destroyed the Francis Scott Key Bridge in Baltimore last month. Now, it’s emerged that the safety standards many U.S. bridges are built to are actually based on antiquated models developed in West Germany decades ago. Weekend … Read more
