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Home Asia Pacific

baltimore bridge: Baltimore bridge collapse may impact supply chains in APAC region, says Moody’s Analytics

NEWSROOM by NEWSROOM
March 28, 2024
in Asia Pacific, Automotive
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The catastrophic collapse of Baltimore’s Francis Scott Key Bridge on March 26 has hinted at the suspension of trade through the port and as investigations into the cause of the accident begin, initial assessments suggest that the impact on the Asia-Pacific region should be relatively limited, as per a report by Moody’s Analytics. The automotive sector and coal markets, are expected to bear the brunt of the incident, which saw a container ship leaving the Port of Baltimore crash into the world’s third-longest truss bridge.

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