The Baltimore bridge collapse disaster had blocked traffic along the vital port's main shipping channel. For the families and friends of those killed or presumed dead, it's a profound and personal loss. For businesses that rely on the Port of Baltimore , it's an economic nightmare . And for the federal courts , it will soon become a balance of dollars and facts, with a network of insurance companies expected to foot at least some of the bill.
The disaster happened last Tuesday when a cargo ship lost power and rammed into Baltimore's Francis Scott Key Bridge. Eight people were on the highway bridge when it collapsed. Two were rescued. The bodies of two more were recovered, and four remain missing and are presumed dead. The wreckage closed the Port of Baltimore, a major shipping port, potentially costing the area's economy hundreds millions of dollars in lost labor income alone over the next month, according to the economic analysis company Implan
Baltimore Bridge Collapse Port Traffic Tragedy Economic Nightmare Federal Courts Insurance Companies
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