"Baltimore Bridge Collapse Fallout: MSC's Cargo Ship and the 1851 Law Complication"

1 min read
Source: CNBC
"Baltimore Bridge Collapse Fallout: MSC's Cargo Ship and the 1851 Law Complication"
Photo: CNBC
TL;DR Summary

MSC, the world's largest ocean carrier, has decided to terminate the delivery of diverted containers outside of the Port of Baltimore, placing the responsibility of cargo pick up and transport on the shipper due to the port's indefinite closure following a container ship accident and bridge collapse. Other major carriers have also announced similar moves, causing disruptions in the supply chain and logistics industry. The situation has prompted meetings with transportation officials and industry professionals to mitigate congestion and address potential supply chain impacts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

90%

85184 words

Want the full story? Read the original article

Read on CNBC