Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
Here is some undated footage showing the out-of-control tug Psalm 1 slamming into a dock… and then two other moored ships.
It is unclear what exactly the malfunction was here, whether something happened to the Captain, some sort of mechanical breakdown, or just complete incompetence. What is clear is that the last place you wanted to be was in its way.
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