Rep. Jeff Van Drew, R-N.J., has raised concerns about the potential impact of the Francis Scott Key Bridge disaster on the supply chain due to President Biden's policies. The bridge collapse has led to the closure of the Port of Baltimore in Maryland as recovery efforts continue in the Patapsco River.
With the debris from the collapsed bridge obstructing the channel, ships are unable to enter or exit the port, causing disruptions to maritime activities. This closure is expected to affect companies that rely on the port for shipping and receiving goods, leading to potential inventory issues.
Van Drew, a member of the House Transportation and Infrastructure Committee, highlighted the significance of understanding the changes in company inventories under the current economic conditions. He pointed out that inflation has made it challenging for businesses to maintain large inventories in one location.
As a result, Van Drew warned that the supply chain could soon face challenges as companies struggle to manage their inventories efficiently. The impact of the bridge collapse on the Port of Baltimore underscores the interconnected nature of the supply chain and the potential ripple effects of infrastructure disruptions.
