by John Carney
Breitbart.com
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 fourth largest on the East Coast, outsized by the ports of New York-New Jersey; Virginia; and Savanah, Georgia.
Governor Wes Moore that the port handled a record 52.3 million tons of foreign cargo, worth $80.8 billion, in 2023. That was a record high.
Moore described the port as”one of the largest economic generators” in Maryland.