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Why The Port Of Baltimore Is Getting A Makeover - CNBC
East Coast U.S. seaports are poised for a big decade. In Baltimore, a public-private partnership invested $550 million into Seagirt Marine Terminal to handle consumer cargo arriving on larger ships. Baltimore will next build a new rolling cargo dock and establish a new manufacturing hub with a $47 million federal grant awarded in 2023, among other improvements. The government's spending on port infrastructure is part of an attempt to revive the U.S. industrial base.
Chapters:
0:00 - 01:23 Cold open
01:23 Chapter 1: Upgrades
04:16 Chapter 2: The rise of East Coast ports
06:27 Chapter 3: Distribution 06:27
07:43 Chapter 4: Partnerships