Here’s a blogger I haven’t linked to in a while. Laughing Wolf speculates on what the disaster that took out a span of the Francis Scott Key Bridge in Baltimore might have:
Baltimore is about the 12th or 13th busiest port in the United States. For all intents and purposes, consider it offline for at least a year. For the next few months, the ships that are there are likely to stay there, and no new ships will arrive. This is going to have several major impacts.
First, goods that would normally arrive there and be distributed will not. This is going to impact logistics and supplies in the mid-Atlantic region rather significantly. Second, Baltimore is on the ropes financially and otherwise. Right now, I sure don’t have a clue how bad the impact will be to a city already teetering on the brink, other than to say it’s going to be very, very bad. Third, how bad it will hit our national economy is something I don’t really want to think about right now. It’s not going to be good, but I can see scenarios where the level of suck could truly sucketh mightier than a Hoover. Fourth, don’t forget that the bridge is part of a major interstate, and a good stretch of 465 is now offline. That will impact not only interstate transportation, but will hamstring a significant segment of local regular traffic as well.
Read the whole thing.
I suspect he might be surprised at how quickly the port could be reopened. That doesn’t require a full repair—just the clearing of the fallen bridge blocking the waterway.
Still, the port is likely to be inaccessible for weeks or longer. We’ll need to wait to see what will actually happen.
The president has made some pledges related to the disaster. ABC News reports:
President Joe Biden gave remarks Tuesday on the Baltimore bridge collapse, telling residents “we’re going to stay with you as long as it takes.”
“It’s my intention that the federal government will pay for the entire cost of reconstruction in that bridge. I expect the Congress to support my effort,” Biden said from the White House.
“This is going to take some time,” the president said, adding, “We’re not leaving until this job gets done.”
I think we might want to reflect on that a bit. How will it work? For example, the way the Interstate Highway System is organized, the federal government pays the bulk of the expense for new construction while state and local governments are responsible for the bulk of upkeep of interstates within their borders.
I can see a role for federal funds in this disaster since it has interstate and, indeed, national implications but IMO pledging the federal government to bear “the entire cost of construction” is excessive. It introduces substantial moral hazard.
I’m starting to see some finger-pointing about the disaster. To the best of my understanding the bridge was recently rated fair not poor. I don’t believe it was prioritized in the infrastructure bill enacted in the early days of the Biden Administration. Major incidents involving ships colliding with pylons don’t appear to be commonplace but they aren’t unheard of, either.
Update
Does anyone know if a civil suit has been filed against the owner or operator of the container ship yet? This incident was no “act of God”. It doesn’t need to have been deliberate to be actionable.
I’m beginning to hear complaints that our infrastructure is not suitable for the transportation needs of today. Does that have things the right way around? Maybe the container ships trying to enter harbors are not suitable to task.