Baltimore bridge, port recovery will be 'very long road'

Two cranes arrived to begin the tricky operation of clearing the twisted steel remnants of the Francis Scott Key Bridge from where it fell 185 feet into the Patapsco River -- blocking the entrance to the Port of Baltimore -- after being struck by a massive cargo ship early Tuesday.

"We're... incredibly sensitive to the notion that this is also the resting place for four fathers, for four brothers, for four sons," Perez added. The workers were part of an eight-person road repair crew working an overnight shift. Two were rescued shortly after the collapse, and two bodies were recovered Wednesday.

He urged patience, saying,"This work is not going to take hours, this work is not going to take days, this work is not going to take weeks."- 'Substantial loss' -The Federal Highway Administration said it would honor the Maryland Department of Transportation's request for an initial $60 million for what Moore called"immediate response efforts, and to lay the foundation for a rapid recovery.

"It feels like a very substantial loss, potentially the largest-ever marine insured loss, but not outside parameters that we plan for," he told CNBC.

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