The Key Bridge was hit by a ship and collapsed on March 26, 2024. The Washington Post | The Washington Post | Getty Images Six construction workers were presumed dead on Wednesday after a massive cargo ship struck the Francis Scott Key Bridge in Baltimore, causing it to partially collapse into the Patapsco River. The … Read more
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
Cargo ship Dali sits in the water after running into and collapsing Baltimore’s Francis Scott Key Bridge on March 27, 2024 in Baltimore, Maryland. Two survivors were pulled from the Patapsco River and six missing people are presumed dead after the Coast Guard called off search and rescue efforts. A work crew was fixing potholes … Read more
WASHINGTON — Transportation secretary Pete Buttigieg on Wednesday said it was unclear that any bridge in existence could have withstood the impact of a modern freighter that the Francis Scott Key Bridge in Baltimore suffered earlier this week, which demolished the structure and shuttered the city’s port. “It’s not just big as a building, it’s … Read more
Ocean carriers are declaring “force majeure” due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including retailers that once cargo is dropped off at alternate ports, it becomes their responsibility to pick up. In an alert to customers Tuesday, CMA CGM wrote, “Those (containers) on the water will be discharged at … Read more
The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene, … Read more
Social media accounts were serving up conspiracy theories within hours of a container ship knocking down the Francis Scott Key Bridge in Baltimore on Tuesday. Federal and local law enforcement said they suspected no foul play, but several people on X, the former Twitter, claimed that the incident looked deliberate, and that it may have … Read more
In a devastating turn of events, the cargo ship “Dali” collided with the Francis Scott Key Bridge in Baltimore early Tuesday, leading to significant structural damage and causing it to collapse into the river below. The entire crew of 22, all of Indian nationality, had raised concerns about a “power issue” prior to the tragic … Read more
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The collapse of the Francis Scott Key Bridge in the Baltimore Harbor is already posing a massive disruption to the automotive industry. The port handles imports, exports and parts shipments for major automakers like Audi, Bentley, BMW, Ford, General Motors, Jaguar-Land Rover, Lamborghini, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, Stellantis, Toyota, Volkswagen and Volvo — all … Read more
