Port of Baltimore cargo begins to rebound in June, July
Port of Baltimore Cargo Begins to Rebound in June, July
August 25,2020 –BizJournals.com
Cargo declines at the Port of Baltimore appear to be leveling off after taking huge hits earlier this spring due to the Covid-19 pandemic.
The port handled 844,024 tons of general cargo in July, down 12.2% from the same month last year, according to new data released by the Maryland Ports Administration on Monday. But that decline is significantly better than the 24.4% year-over-year decline reported in May and a 17.4% drop logged in June. Total cargo also increased 15% from June to July, though it is still down 11.7% through July compared to 2019.