• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Financebaltimore

Baltimore’s busy port is expected to return to normal in July, 4 months after Francis Scott Key Bridge collapse

By
Lea Skene
Lea Skene
,
Brian Witte
Brian Witte
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Lea Skene
Lea Skene
,
Brian Witte
Brian Witte
and
The Associated Press
The Associated Press
Down Arrow Button Icon
June 13, 2024, 4:36 AM ET
Transportation Secretary Pete Buttigieg, second from left, speaks during a press conference to mark the full reopening of the Port of Baltimore after the collapse of the Francis Scott Key Bridge in March, on June 12, 2024, at the Port of Baltimore in Dundalk, Md.
Transportation Secretary Pete Buttigieg, second from left, speaks during a press conference to mark the full reopening of the Port of Baltimore after the collapse of the Francis Scott Key Bridge in March, on June 12, 2024, at the Port of Baltimore in Dundalk, Md.Mark Schiefelbein—AP

Commercial shipping traffic through the Port of Baltimore is expected to return to normal levels next month, officials said Wednesday, after the channel fully reopened this week for the first time since the collapse of the Francis Scott Key Bridge in March.

Recommended Video

“I’ve been waiting to say this for every day for the last 11 weeks: Maryland, the Fort McHenry Channel is fully cleared, and the Port of Baltimore is reopened for business,” Gov. Wes Moore said at a waterside news conference to highlight the milestone.

As the governor spoke, a passing ship blasted its horn.

“You hear that?” Moore said. “That’s a beautiful sound.”

Behind him, giant cranes lifted shipping containers from the deck of a docked cargo ship and deposited them on land.

Many shipping companies rerouted their cargo to other ports following the deadly collapse in March. The deadly disaster halted most maritime traffic through Baltimore’s busy port as crews worked around the clock to clear an estimated 50,000 tons of fallen steel and concrete from the Patapsco River.

The estimated cost for the entire salvage operation is $160 million, with federal, state and local agencies involved.

Companies that steered clear of Baltimore during the cleanup will likely come back now that the channel has been returned to its original depth and width, officials said. The port, which processes more cars and farm equipment than any other in the country, is expected to be operating at normal capacity by mid-July.

All that rerouted commercial traffic “belongs in Baltimore today,” U.S. Transportation Secretary Pete Buttigieg said during a news briefing earlier this week. “We have every indication that that is what is taking place, but we will be reinforcing that expectation as we speak with players up and down the supply chains.”

Crews were able to reopen portions of the deep-draft channel in phases, restoring some commercial traffic in recent weeks. Some cruise ships and large container ships have already passed through, officials said.

But thousands of longshoremen, truckers and small business owners have seen their jobs impacted by the collapse and its economic ripple effects, which extend well beyond the Baltimore region. State officials helped establish several relief programs to keep people employed and businesses afloat in the immediate aftermath.

“We were a wounded port,” said Scott Cowan, president of the International Longshoreman’s Association Local 333, which represents Baltimore port workers. In a competitive industry, he said, other ports were looking to take Baltimore’s cargo.

Reopening the channel means keeping thousands of longshoremen in their jobs, Cowan said.

Officials estimated that the salvage operations for the U.S. Army Corps of Engineers will cost up to $75 million, while the Coast Guard response has cost $24 million to date to open the main channel. Maryland used about $60 million in federal emergency funds to open three other smaller channels outside the main one.

Rebuilding the bridge could cost nearly $2 billion, officials have said. They hope it’s completed by 2028.

President Joe Biden has pledged that the federal government will cover the full cost of rebuilding, though officials said the funding is still awaiting approval from Congress.

In a statement Tuesday, Biden praised the work of everyone involved in the recovery effort.

“Baltimore can count on us to stick with them every step of the way, and we will continue to have your back until the bridge is rebuilt,” he said.

The cargo ship Dali lost power and crashed into a critical support column of the Francis Scott Key Bridge in the early hours of March 26, collapsing the span and sending six members of a roadwork crew plunging to their deaths.

A National Transportation Safety Board investigation found that the vessel experienced power outages before starting its voyage, but the exact causes of the electrical issues have yet to be determined. The FBI is also conducting a criminal investigation.

The Dali remained stuck amid the wreckage for almost two months, with a massive steel truss draped across its damaged bow, before being refloated and guided back to port May 20. That allowed officials to open a channel that was 50 feet (15 meters) deep and 400 feet (122 meters) wide, big enough for most of the largest commercial vessels.

The full federal shipping channel is 700 feet (213 meters) wide. Officials said two-way traffic can now resume, and additional safety requirements have also been lifted because of the increased width.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Lea Skene
See full bioRight Arrow Button Icon
By Brian Witte
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

nathan's
BankingFood and drink
Nathan’s Famous goes from 5-cent hot dog stand in Coney Island to $450 million acquisition by Smithfield Foods over 100 years later
By Matt Ott and The Associated PressJanuary 21, 2026
23 minutes ago
Real EstateDavos
Trump doesn’t want America to be ‘a nation of renters,’ but experts say at least one of his proposals may put homeownership more out of reach
By Marco Quiroz-GutierrezJanuary 21, 2026
1 hour ago
President Donald Trump greets people as he steps off plane in Switzerland
PoliticsPolitics
Trump calms markets with belligerent call for peace that touts contested antiwar record, reiterates U.S. ‘great power’ status and demands Greenland
By Tristan BoveJanuary 21, 2026
1 hour ago
dalio
EconomyDavos
Ray Dalio warns the global rules-based order is already ‘gone’ as Trump threatens Greenland: ‘Let’s not be naive’
By Nick LichtenbergJanuary 21, 2026
2 hours ago
InvestingFinance
Ray Dalio warns that the monetary order is breaking down, leaving us with a terrible choice: ‘Do you print money or let a debt crisis happen?’
By Lee CliffordJanuary 21, 2026
2 hours ago
Andy Jassy gestures while speaking at an event.
EconomyDavos
6 months later, Amazon CEO Andy Jassy sings a different tune on tariffs, saying the pain of higher prices is coming soon in 2026
By Jacqueline MunisJanuary 21, 2026
2 hours ago

Most Popular

placeholder alt text
AI
Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics
By Sasha RogelbergJanuary 19, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of silver as of Tuesday, January 20, 2026
By Joseph HostetlerJanuary 20, 2026
1 day ago
placeholder alt text
Economy
Trump added $2.25 trillion to the national debt in his first year back in charge, watchdog says
By Nick LichtenbergJanuary 20, 2026
21 hours ago
placeholder alt text
Success
Billionaire Marc Andreessen spends 3 hours a day listening to podcasts and audiobooks—that’s nearly an entire 24-hour day each week
By Preston ForeJanuary 20, 2026
1 day ago
placeholder alt text
Personal Finance
Current price of gold as of January 20, 2026
By Danny BakstJanuary 20, 2026
1 day ago
placeholder alt text
Economy
Scott Bessent insists he’s ‘not concerned at all’ about investors selling America—despite the fact it’s unraveled tariffs before
By Eleanor PringleJanuary 21, 2026
7 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.