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Thursday, November 7, 2024

Cargo volumes up at Port of Baltimore



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Marine Log Workers

Cargo volumes continued an upward development by way of the third quarter of 2023 for key focused commodities at Maryland’s Helen Delich Bentley Port of Baltimore. From January by way of September on the port’s state-owned terminals, roll on/roll off farm and development equipment recorded a 28% enhance in comparison with 2022, container volumes rose 6%, and total common cargo was up 3% p.c. All these will increase are up over document numbers achieved in 2022.

“A rising, thriving port is important to increase our state’s economic system, and the Port of Baltimore’s excellent labor pressure, first-class amenities and popularity for service are delivering each day for companies and clients right here in Maryland, throughout the nation and world wide,” mentioned Governor Wes Moore.

Final yr, the Port of Baltimore noticed a document $74.3 billion value of overseas cargo cross its state-owned and personal piers. Baltimore dealt with 43.3 million tons of cargo in 2022 – almost matching its pre-pandemic document of 44.2 million tons in 2019.

“Our provide chain is second to none,” mentioned Maryland Port Administration (MPA) interim performing govt director Brian Miller. “Along with our highly-skilled labor pressure, our quite a few native distribution, warehousing, and sorting heart amenities make us a really enticing choice for cargo homeowners once they can select the place to ship their items.”

The Port of Baltimore generates about 15,300 direct jobs, with almost 140,000 jobs total linked to port actions. The port is first amongst U.S. ports for autos and lightweight truck quantity, roll on/roll off farm and development equipment, and imported gypsum and is liable for almost $3.3 billion in private wages and salaries, $2.6 billion in enterprise income and almost $400 million in state and native tax income yearly.

The port’s cruise enterprise has additionally had a really profitable 2023. In September, the port welcomed its third main worldwide cruising associate, Norwegian Cruise Line, to Baltimore. Norwegian is at the moment crusing a fall and winter schedule and joins year-round Baltimore cruise suppliers Carnival and Royal Caribbean in providing voyages to the Bahamas, Bermuda, Caribbean, New England, and Canada.

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