Port of Baltimore Reports Record-Breaking March - Global Trade Magazine
  June 3rd, 2019 | Written by

Port of Baltimore Reports Record-Breaking March

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  • The Port reported handling $59.7 billion in cargo value in 2018.
  • “Month after month, the Port of Baltimore continues to demonstrate its importance to Maryland's economy.”
  • “These new records reflect the industry’s confidence in our Port and its workforce..."

Following a very successful 2018, the state-owned public marine terminals at the Helen Delich Bentley Port of Baltimore reported record-setting numbers in March including most general cargo tons in a month (1,018,274), most 20-foot containers in a month (95,82), best March on record for cars and light trucks (59,052), and the highest amount roll on/roll off cargo tons since June 2012 (96,535). The cumulative tonnage amount beat records set in May 2017 as well as surpassing the latest container record from July 2018.

Adding to the success in 2018, the Port reported handling $59.7 billion in cargo value while both state-owned public and privately-owned marine terminals were responsible for 43 million tons of international cargo. Furthermore, state-owned public terminals reported the number of TEU containers exceeded the one million mark for the first time with 1,023,152 TEU containers in 2018.

The Port of Baltimore continues its leading position in the state’s economy as it’s responsible for approximately 15,330 direct jobs while providing a salary 9.5 percent higher than Maryland’s annual wage, according to The 2017 Economic Impact of the Port of Baltimore in Maryland report. Additionally, the report states The Port is responsible for roughly $3.3 billion in personal wages and salaries and $2.6 billion in business revenues.

“Month after month, the Port of Baltimore continues to demonstrate its importance to Maryland’s economy,” said Governor Larry Hogan. “These new records reflect the industry’s confidence in our Port and its workforce, further proving that Maryland is open for business.” 

Source: Port of Baltimore


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