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Baltimore Port’s Closure Threatens Inflation and Bigger Deficits
Breitbart ^

Posted on 03/26/2024 9:43:19 AM PDT by Tench_Coxe

The Port of Baltimore has been brought to a standstill thanks to the collapse of the Francis Scott Key Bridge, creating risks to the U.S. economy of additional inflation, diminished productive capacity, and larger government deficits.

The Port of Baltimore was the 17th busiest port in the nation ranked by total tons in 2021, according to the latest data available from the Bureau of Transportation Statistics. It is the fifth largest on the East Coast, outsized by the ports of New York-New Jersey; Virginia; Mobile, Alabama; and Savanah, Georgia.

(snip)

It was the first in terms of the volume of automobiles and light trucks (including 847,158 cars and light trucks),roll on/roll off heavy farm and construction machinery, imported sugar, and imported gypsum, the governor’s office said.

(Excerpt) Read more at breitbart.com ...


TOPICS: Miscellaneous
KEYWORDS: baltimore; bridge; economy; port; supply
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This is the downstream effect. How long to reopen for shipping?

The bolded part is one of those random little tidbits that may/may not be a data point to watch.

1 posted on 03/26/2024 9:43:19 AM PDT by Tench_Coxe
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To: Tench_Coxe

Don’t worry, Mayor Pete is on the case. A more competent leader could not be found anywhere.


2 posted on 03/26/2024 9:47:19 AM PDT by End Times Sentinel (In the conflict between the stone and the stream, the stream will always prevail.)
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To: Tench_Coxe
East Palestine Ohio, the sequel.

Tin foil hat time. Was this ship hacked then steered DIRECTLY INTO the bridge's support column? Curious minds want to know.

Paging Pete BootyFudge.

3 posted on 03/26/2024 9:47:43 AM PDT by CivilWarBrewing (Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
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To: Tench_Coxe
Could this be Biden's covid moment? His Katrina? His Iran Hostage crisis?

Come on man! He already has Afghanistan, Ukraine, Haiti, and a migrant border crisis!

MSM says he's great!


4 posted on 03/26/2024 9:48:26 AM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: Tench_Coxe

“How long to reopen for shipping?”

I’d say by the end of April give or take a couple weeks. Clearing the ship channel will be a priority for everyone involved.

If the Navy was still active in Baltimore they’d have it cleared in the next few days. Probably before dinner time on Friday.


5 posted on 03/26/2024 9:50:29 AM PDT by MeganC ("Russians are subhuman" - posted by Kazan 8 March 2024)
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To: Tench_Coxe

All Part of Their Plan™


6 posted on 03/26/2024 9:52:41 AM PDT by Jane Long (The role of the GOP: to write sharply-worded letters as America becomes a communist hell-hole.)
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To: Tench_Coxe

Maybe we need to stop importing and do things ourselves. Will we ever learn?


7 posted on 03/26/2024 9:53:02 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: Tench_Coxe

Capitalism is surprisingly effective at working around bottlenecks. This won’t cause much of a problem.


8 posted on 03/26/2024 9:53:49 AM PDT by proxy_user (W)
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To: MeganC

I agree, this is a temporary problem for shipping, a much longer problem for auto/truck traffic. Will be interesting to see have fast they can clear a suitable channel for shipping.


9 posted on 03/26/2024 9:55:29 AM PDT by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: Tench_Coxe

It’ll go quicker than expected. Just goes to show that there is no margin for error given this clownish administration’s policies.


10 posted on 03/26/2024 10:05:13 AM PDT by AT7Saluki (No cejar, no ceder)
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To: SaxxonWoods

Exactly. I do think they will be able to clear a channel within a month. Just my guess, no special expertise to give my estimate any particular value, except 60+ years living in the area and knowing how much the port means to everyone here, including all the libs.


11 posted on 03/26/2024 10:07:20 AM PDT by scouter (As for me and my household... We will serve the LORD.)
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To: Tench_Coxe
Baltimore Port’s Closure Threatens Inflation and Bigger Deficits

Well, what doesn't these days?

12 posted on 03/26/2024 10:11:55 AM PDT by HartleyMBaldwin
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To: Tench_Coxe

Cue “it’s Trump’s fault for not urging republicans to pass my immigration security bill”

Good thing Biden has placed the best and brightest in charge of national security and infrastructure. Will Mayor Pete take time out from his busy vacations to ensure that every resource possible is available?

And 80 billion in goods moved through there? The fed prints twice that in a month... The propaganda to blame all new inflation on this and Trump and not insane levels of printing will be interesting.


13 posted on 03/26/2024 10:17:20 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: Tench_Coxe

If it happens a second time elsewhere, the US will have to take command of every ship arriving in port. Ajin?

Our war may be expanded from Ukraine.


14 posted on 03/26/2024 10:20:02 AM PDT by Jumper
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To: Tench_Coxe
The main concern for shipping is the collection of vessels that are trapped inside the harbor.

For anything outside the harbor, every maritime shipping company and their partners have already implemented emergency operations plans to divert cargo to neighboring ports.

Automobiles, light trucks and other RO-RO cargo are probably the biggest concern, as Baltimore is a key hub port for these cargoes. Other neighboring ports may not have the landside capacity to handle a sharp increase in these cargo volumes.

15 posted on 03/26/2024 10:20:09 AM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Tench_Coxe

Shippers will adjust with some expense they will eat and some they will pass on. Compared to Biden’s trillions in new money (federal borrowing) the bridge collapse will be a bare blip on the inflation radar.


16 posted on 03/26/2024 10:25:26 AM PDT by Wuli (ena)
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To: Tench_Coxe

Thank God, we have Pete Buttiguig as our Secretary of Transportation!


17 posted on 03/26/2024 10:57:10 AM PDT by OLDCU
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To: Tench_Coxe

Never let a serious crisis go to waste.


18 posted on 03/26/2024 10:58:30 AM PDT by RckyRaCoCo (Time to throw them out of the Temple...again)
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To: Tench_Coxe

Morons at Breitbart think Mobile is on the east coast.


19 posted on 03/26/2024 11:02:51 AM PDT by FirstFlaBn
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To: Tench_Coxe
"The Port of Baltimore has been brought to a standstill thanks to the collapse of the Francis Scott Key Bridge, creating risks to the U.S. economy of additional inflation, diminished productive capacity, and larger government deficits."

Maybe it was terrorism / assymetric warfare and this was the goal.

The Russia / China / Iran axis wants a war, with the US, while Pedo Joe is still in office.

What effect will the closure of this port have, if we are at war with Russia in eastern Europe?

20 posted on 03/26/2024 1:23:45 PM PDT by Eagles6 (Welcome to the Matrix . Orwell's "1984" was a warning, not an instruction manual.)
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