City Baltimore Financial News

30.03 / 15:31

UPS FIVE Waters President Experts boating At collapsed Baltimore bridge, focus shifts to the weighty job of removing the massive structure

Engineers in Maryland are focused on the daunting task of removing what had been the Francis Scott Key Bridge from the Patapsco River

30.03 / 15:31

COST UPS Citi Provident Analysis Harley-Davidson reports The Baltimore collapse focused attention on vital bridges. Thousands are in poor shape across the US

Thousands of old bridges across the U.S. are awaiting replacement or repairs after inspectors found them in poor condition

30.03 / 13:34

COST UPS FIVE Highways Experts Universities rights Building a new Key Bridge could take years and cost at least $400 million, experts say

Experts say rebuilding Baltimore’s Francis Scott Key Bridge could take anywhere from 18 months to several years

30.03 / 13:33

UPS Waters Highways President Hawkins Diversity Traffic As cranes arrive at Baltimore bridge collapse site, governor describes daunting task of cleaning up

A crane that can lift 1,000 tons has appeared near the site of a collapsed highway bridge in Baltimore as crews prepare to begin clearing wreckage

30.03 / 13:33

UPS Booking BAY Death Experts prevention Traffic Baltimore bridge collapse puts the highly specialized role of ship's pilot under the spotlight

Two pilots were at the helm of the cargo ship Dali on Tuesday when it lost power and, minutes later, crashed into a pillar of the Francis Scott Key Bridge, causing the bridge to collapse and kill six construction workers

30.03 / 13:33

COST UPS Pool Morningstar Experts cover Courts Baltimore bridge collapse: Who will pay for the destroyed bridge, harmed businesses and lost lives?

The collapse of the Francis Scott Key Bridge in Maryland is a multi-layered tragedy: For the families and friends of those killed or presumed dead, it’s a profound and personal loss

30.03 / 12:51

Target Waters Action President Inside Traffic Baltimore Bridge Collapse: Racist cartoon targets Dali's Indian crew; elicits outrage

Dali collided with Baltimore's Francis Scott Key Bridge, leading to a controversial response. A US-based webcomic, Foxford Comics, posted a cartoon the day after the incident, captioned «Last known recording from inside the Dali moments before impact,» which has sparked outrage. The collision occurred when the Indian crew operating the Dali lost power, causing it to collide with a concrete pier supporting the bridge. This impact resulted in a significant portion of the bridge collapsing into approximately 50 feet of freezing water below. However, the crew's quick thinking and Mayday call alerted authorities, enabling them to swiftly shut down traffic on the bridge, potentially saving lives.

29.03 / 20:57

UPS Waters President Hawkins Diversity Traffic boating Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse

collapsed highway bridge in Baltimore as crews prepared Friday to begin clearing wreckage that has stymied the search for four workers missing and presumed dead and blocked ships from entering or leaving the city's vital port. Maryland Gov. Wes Moore called the Francis Scott Key Bridge's collapse following a freighter collision an “economic catastrophe" and described challenges of recovering the workers and clearing tons of debris to reopen the Port of Baltimore.

29.03 / 19:05

UPS Fox President Experts Investigations Baltimore disaster could see record insurance payouts — but it’s complicated: expert

Maryland Motor Truck Association President & CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on The Bottom Line.

29.03 / 13:15

BLOCK Allianz wellness Trade Traffic Impact of Baltimore port closure on global supply chains

bridge collapse that closed the Port of Baltimore has raised concerns about the disaster's potential impact on the global supply chain. Authorities have warned that extensive work is needed before the major port can reopen following Tuesday's catastrophic cargo ship collision, which has blocked the harbour's entrance.

29.03 / 03:35

UPS Citi Provident community President Diversity NOT Immigrants killed in Baltimore bridge collapse died doing job 'others do not want to do'

The six victims of the Francis Scott Key Bridge collapse were all immigrants from Mexico and Central America, doing the kind of grueling work that many immigrants take on, when a container ship crashed into a support pillar at 1:30 a.m. EDT on Tuesday (0530 GMT) and sent them plunging into the icy Patapsco River. Divers pulled the bodies of Alejandro Hernandez Fuentes and Dorlian Castillo from a red pickup truck 25 feet underwater the following day.

29.03 / 02:07

UPS Booking BAY Death Experts prevention Traffic Baltimore bridge collapse puts highly specialised role of ship's pilot under spotlight

Baltimore's port must often manoeuvre with just two feet of clearance from the channel floor and memorise charts, currents and every other possible maritime variable. The highly specialised role — in which a pilot temporarily takes control of a ship from its regular captain — is coming under the spotlight this week. Two pilots were at the helm of the cargo ship Dali about 1.25 am Tuesday when it lost power and, minutes later, crashed into a pillar of the Francis Scott Key Bridge, causing the bridge to collapse and kill six construction workers.

29.03 / 02:07

UPS Waters President Diversity information Investigations Biden approves $60 mn in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'

BALTIMORE — Maryland Gov. Wes Moore warned Thursday of a «very long road ahead» to recover from the loss of Baltimore's Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse. Meanwhile the U.S. Army Corps of Engineers was moving the largest crane on the Eastern Seaboard to help remove the wreckage of the bridge, Moore said, so work to clear the channel and reopen the key shipping route can begin. The machine, which can lift up to 1,000 tons, was expected to arrived Thursday evening, and U.S. Sen. Chris Van Hollen said a second crane with a 400-ton capacity could arrive Saturday.

29.03 / 01:01

UPS Waters President Diversity information Investigations Biden OKs $60M in aid after Baltimore bridge collapse as governor warns of 'very long road ahead'

remove the wreckage of the bridge, Moore said, so work to clear the channel and reopen the key shipping route can begin. The machine, which can lift up to 1,000 tons, was expected to arrived Thursday evening, and U.S. Sen.

28.03 / 22:35

Citi CEO President country information reports Traffic Baltimore port closure may hit US coal export volumes

Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'

28.03 / 21:57

Experts country information reports Investigations International Patchwork international regulations govern cargo ships like the one that toppled Baltimore bridge

Critics say the patchwork system of safety regulations governing massive cargo ships like the one that toppled a Baltimore bridge this week can allow shippers to skirt oversight

28.03 / 19:11

UPS Waters Fox CEO Bill President Baltimore bridge collapse: Economists predict inflation 'pinch' for American consumers

Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'

28.03 / 16:13

Platform Action President rights Traffic Baltimore bridge collapse: Netizens slam 'racist' cartoon on cargo ship Dali's Indian crew

Dali moments before impact," the Foxford Comics’cartoon was captioned on microblogging platform X (formerly known as Twitter). The cartoon also has the audio of people swearing at each other in a strong Indian English accent. But these cartoons were far from reality, The Singapore-flagged ship 'Dali' had actually suffered a "power issue" and issued a distress call moments before the crash, officials said.

28.03 / 15:43

COST UPS Manufacturing Moodys Experts reports Baltimore bridge collapse: Ships carrying cars and heavy equipment need to find a new harbor

Manufacturers and shippers are scrambling to figure out where they can load or unload cargo while the main operations at the Port of Baltimore remain closed due to Tuesday’s deadly collapse of the Francis Scott Key Bridge

28.03 / 15:41

COST Highways Experts Universities rock Features Debate emerges over whether modern protections could have saved Baltimore bridge

A debate has emerged over whether modern safety protections could have saved a Baltimore bridge after it was struck by a cargo ship

28.03 / 15:41

BLOCK Waters Diversity electronic information reports Investigations Barges are bringing cranes to Baltimore to help remove bridge wreckage and open shipping route

Massive barges carrying cranes are heading to Baltimore to begin the challenging work of removing twisted metal and concrete from the collapsed bridge that’s blocking a key shipping route

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