Other ports up and down the East Coast are likely to absorb much of Baltimore’s traffic, avoiding a crisis. But not without some longer shipping times and upheaval.
| Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while the main operations of the Port of Baltimore remain shut down due toSupply chain experts say other ports up and down the East Coast are likely to absorb much of Baltimore’s traffic, avoiding a crisis. But not without some longer shipping times and upheaval.
The port’s location makes it a key destination for freight. The Maryland Port Administration says the facility is an overnight drive from two-thirds of the US population, and it’s closer to the Midwest than any other East Coast port.Here’s a look at the goods that go through the Port of Baltimore and the potential impact of a prolonged port shutdown:Baltimore is the ninth-busiest port in the nation for international cargo, but it leads US ports in “roll on, roll off” cargo.
Last year, more than 444,000 passengers boarded cruise ships at the port from Royal Caribbean, Carnival, Norwegian and other cruise lines.Many are waiting to get booked at other ports, pushing back their arrival dates for several weeks. Some are anchored near Baltimore or nearby Annapolis, where a dozen vessels were waiting. Ships also are gathered near Norfolk.Supply chain experts say it will take some time, and there will be disruption, but automakers and shipping companies will divert their cargo to ports up and down the East Coast.
Baltimore still can handle some autos. Part of its operations are east of where the bridge collapsed and are still operational, the port said. BMW and Volkswagen said they would still be able to use Baltimore.Perhaps, although Moody’s said finding substitute ports should minimise price adjustments for coal and vehicles. “That said, the reshuffle will squeeze other ports, potentially adding a smidgen to shipping costs as delays spill to other goods,” analyst Murphy Cruise wrote.
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