• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Environmentbaltimore

‘Full range of impact’ on businesses in transportation and supply chain logistics after Baltimore bridge collapse, U.S. official says

By
Lea Skene
Lea Skene
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Lea Skene
Lea Skene
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 4, 2024, 10:09 PM ET
Brandon Scott
Baltimore Mayor Brandon Scott on Thursday.AP Photo/Julia Nikhinson
Add Fortune on Google for similar content.

Engineers working to clear the wreckage of the collapsed Francis Scott Key Bridge in Baltimore said Thursday that they expect to be able to restore navigation in and out of the Port of Baltimore by the end of this month.

Recommended Video

The bridge collapsed within seconds on March 26 after being struck by the cargo ship Dali, which lost power shortly after leaving Baltimore, bound for Sri Lanka. The ship issued a mayday alert with just enough time for police to stop traffic, but not enough to save a roadwork crew filling potholes on the bridge. Authorities believe six workers plunged to their deaths in the Patapsco River; two bodies have been recovered so far. Two others survived.

The U.S. Army Corps of Engineers announced a “tentative timeline” Thursday, saying in a news release that it expects to open a limited access channel to the port within the next four weeks measuring some 280 feet wide by 35 feet deep (85 meters by 11 meters). The channel would support one-way traffic in and out of the port for barge container service and some vessels that move automobiles and farm equipment to and from the port.

The USACE said it is aiming to reopen the permanent, 700-foot-wide by 50-foot-deep (213 meter by 15 meter) federal navigation channel by the end of May, which would restore port access to normal capacity.

“A fully opened federal channel remains our primary goal, and we will carry out this work with care and precision, with safety as our chief priority,” Lt. Gen. Scott Spellmon, USACE commanding general said in the news release.

Spellmon acknowledged the timelines are “ambitious” and may still be impacted by adverse weather or “changes in the complexity of the wreckage.”

The announcement came on the eve of a scheduled visit by President Joe Biden, who is to view the collapse site and meet with relatives of the victims Friday.

White House press secretary Karine Jean-Pierre said Biden also will receive an operational update from U.S. Coast Guard and Army Corps of Engineers officials.

On Thursday, Isabella Casillas Guzman, who heads the U.S. Small Business Administration, visited Baltimore to meet with business owners, along with state and local leaders. Guzman said a federal program offering loans to small businesses hurt by the bridge collapse has received 500 applications so far.

Businesses involved in transportation and supply chain logistics will likely suffer most in the short term, she said, but long-term ripple effects will be widespread.

“It’s a full range of impact,” she said following a roundtable discussion at an office in Baltimore that was opened in recent days to assist business owners affected by the collapse.

Baltimore’s port handles more cars and farm equipment than any other similar facility in the country, and the disaster has created logistical problems up and down the East Coast.

The Maryland Senate unanimously approved a bill Wednesday night authorizing the governor to use the state’s rainy day fund to help unemployed port employees. That sends the bill to the Maryland House, which could approve the bill this week.

The Norwegian shipping firm Wallenius Wilhelmsen, which has a hub in Baltimore, said it estimates its own losses at between $5 million and $10 million from the port closure. One of its ships is among several currently stuck in Baltimore’s harbor.

Crews are working to clear the steel wreckage and recover the remaining bodies, something made even more difficult by recent bad weather. They have opened two temporary channels meant primarily for vessels involved in the cleanup.

But the water is so murky that salvage divers can’t see more than one to two feet in front of them, Gov. Wes Moore said at a news conference Thursday afternoon. Each diver is now paired with an operator who uses three-dimensional drawings and other tools to guide them in a “buddy system,” he said.

U.S. Coast Guard Rear Admiral Shannon Gilreath said there are seven commercial vessels stuck in the port with their crews on board. The ships will not be able to leave until a temporary channel is opened that is deep enough for them to get out.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Lea Skene
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Environment

t
CommentaryMedia
Netflix could turn NBC into its biggest bet yet — and this time, the math actually works
By Jeffrey Sonnenfeld and Steven TianJune 30, 2026
1 day ago
heat
EnvironmentHeat
America’s getting a heat dome for July 4th — it won’t kill you at 2pm but might at 2am
By Alexa St. John and The Associated PressJune 30, 2026
1 day ago
Photo of a clouded leopard cub
EnvironmentData centers
America’s AI hunger has reached the Nashville Zoo, and its endangered animals may be the ones to pay the price
By Marco Quiroz-GutierrezJune 30, 2026
1 day ago
ac
Commentaryclimate change
Top climate tech exec: Europe is sweating through a heat crisis America solved decades ago
By Taco EngelaarJune 30, 2026
1 day ago
Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot
Environmentclimate change
Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot
By Catherina GioinoJune 30, 2026
1 day ago
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
AIData centers
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
2 days ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
10 hours ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.