Global Carmakers Contend With Closure at Busiest US Auto Port
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Mar. 27, 2024 | GLOBAL SUPPLY CHAIN | The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene, a cargo ship hit the Francis Scott Key Bridge in the early hours of Tuesday morning, causing it to crumple into the water almost immediately. The Port of Baltimore, the 11th largest port in the U.S. and its busiest for autos and light trucks, has been closed until further notice. Logistics companies immediately began rushing to make rearrangements to other East Coast ports to transit their imports and exports. …U.S. firms General Motors and Ford, and Japan’s Toyota, Nissan and Mitsubishi all said that they were evaluating the situation and would likely have to divert operations, but that they did not expect significant disruptions. CNBC
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