"Carnival's $10 Million Loss Due to Baltimore Bridge Collapse"
Carnival warns that the collapse of the Francis Scott Key Bridge in Baltimore could cost the company up to $10 million this year, prompting the temporary relocation of its operations to Norfolk, Virginia. The bridge collapse has led to vessel traffic suspensions at the Port of Baltimore, causing disruptions for companies like Flexport, which is scrambling to reroute containers. This incident adds to a series of sea-bound disruptions this year, including attacks in the Red Sea and congestion near the Panama Canal, potentially leading to increased transport expenses and impacting the prices of goods.