Economic impact from Baltimore bridge collapse will be long-lasting, trade group warns

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A trucking industry expert warned the economic damage from the Francis Scott Key Bridge collapse are going to be significant and long lasting because of its importance to the area.

The collapse of the Francis Scott Key Bridge, a vital passage for thousands of trucks per day, will do "significant" economic damage not only to the region but the entire country, industry experts and Gov. Wes Moore warned.

That port, according to several reports, contributes to about $15 million in economic activity every day. Moore told "Fox & Friends" during an interview Wednesday the incident is "costing the entire country." "We are talking about a port that's responsible for over 51 million tons of foreign cargo. That's the largest in the country," Moore said. The port is the busiest in the U.S.

 

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