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Posted: 3/27/2024 12:16:32 PM EDT
Cars are between $2.00 and $11.00 to go over the Francis Scott Key Bridge. Trucks as much as $36 toll. Now that revenue goes to zero.
The bridge was opened on March 23, 1977, named for amateur poet Francis Scott Key (1779–1843), the author of the lyrics to the American national anthem, "The Star-Spangled Banner". The Key Bridge was a toll facility operated by the Maryland Transportation Authority (MDTA). The bridge was the outermost of three toll crossings of Baltimore's Harbor, two tunnels and one bridge. The bridge carried an estimated 11.5 million vehicles annually. That's probably a $50-75 million dollar hit on revenue. Minus what they recapture on increased pay on other tolls. Seems that when a DEM gets into office the tolls are raised. Only to be lowered when a Republican gets into office. |
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USA
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Posted: 3/27/2024 12:17:51 PM EDT
[#1]
Send the bill to whoever couldn't fix the ship and sent it back out with known problems.
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Posted: 3/27/2024 12:18:44 PM EDT
[#2]
How much revenue is the harbor losing while the bridge is blocking shipping traffic?
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Posted: 3/27/2024 12:19:32 PM EDT
[#3]
It's freaking 6 bucks to go through the Baltimore tunnel, 6 bucks each way. What are the chances of that going up 'temporarily' I ask rhetorically.
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Posted: 3/27/2024 12:19:47 PM EDT
[#4]
Gun owners took a hit from Baltimore gun laws as well.
Oh well. |
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Posted: 3/27/2024 12:21:43 PM EDT
[#5]
Congress will bail them out and then some: I mean, what's another trillion in debt?
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Posted: 3/27/2024 12:23:21 PM EDT
[#6]
Fuck that place
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SC, USA
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Posted: 3/27/2024 12:25:04 PM EDT
[#7]
Pennies compared to lost cargo money
But I suspect they will sue to come out ahead financially from both losses |
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Posted: 3/27/2024 12:32:20 PM EDT
[#8]
Quote HistoryOriginally Posted By Real_PhillBert: How much revenue is the harbor losing while the bridge is blocking shipping traffic? I've seen 15 million a day. https://www.msn.com/en-us/money/markets/a-staggering-amount-of-money-is-slipping-away-due-to-the-baltimore-bridge-collapse/ar-BB1kAbOH |
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USA
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Posted: 3/27/2024 12:35:22 PM EDT
[#9]
Lots of levers the govt can push up
Property taxes Sales taxes State income tax Vehicle registration fees |
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Posted: 3/27/2024 12:35:45 PM EDT
[#10]
They’re going to have start taxing murders.
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MI, USA
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Posted: 3/27/2024 12:39:45 PM EDT
[#11]
Originally Posted By ZuoZongtang: Baltimore is going to take a revenue hit A much bigger deal is all the sugar that [used to, before this week] gets processed there. That is going to affect the entire country. I do hope that it somehow benefits the sugar beet farmers in the U.S., though. That's the only good thing I can think of that can come from this. |
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Posted: 3/27/2024 12:42:33 PM EDT
[#12]
Uncle Joe already said he's got it. No worries.
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SC, USA
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Posted: 3/27/2024 12:44:34 PM EDT
[#13]
They need to start hiring the DEI instructors for the bridge project.
And why were no social workers called in the minutes after the bridge fell? Opportunity wasted. |
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Posted: 3/27/2024 12:45:04 PM EDT
[#14]
You mean they slowed down people getting in and out of Maryland?
I'll have a coke |
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Posted: 3/27/2024 12:46:11 PM EDT
[#15]
Quick math at 11 million (cars for simplicity) at $4 per car is over $120k per day averaged out. Ouch.
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Posted: 3/27/2024 12:47:25 PM EDT
[#16]
I really hope Baltimore doesn't start to go downhill because of this.
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Posted: 3/27/2024 12:49:31 PM EDT
[#17]
Quote HistoryOriginally Posted By Racer_X: A much bigger deal is all the sugar that [used to, before this week] gets processed there. That is going to affect the entire country. I do hope that it somehow benefits the sugar beet farmers in the U.S., though. That's the only good thing I can think of that can come from this. A domino spokesperson was on the radio yesterday saying that they had just received two large shipments and that they have enough raw material to operate for 6-8 weeks, as well as a lot of finished product in warehouses. So hopefully they get the channel open in 5-6 weeks and no disruption to production. |
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Posted: 3/27/2024 12:50:47 PM EDT
[#18]
Quote HistoryOriginally Posted By clubmanager1: Uncle Joe already said he's got it. No worries. That's like me taking you to dinner, I have your credit card and tell you, "I've got it - no worries" |
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Posted: 3/27/2024 12:50:54 PM EDT
[#19]
Quote HistoryOriginally Posted By HRoark87: I really hope Baltimore doesn't start to go downhill because of this.  Attached File |
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Posted: 3/27/2024 12:51:34 PM EDT
[#20]
Good, Baltimore, and all the other big liberal cities need to go bankrupt.
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Posted: 3/27/2024 12:56:54 PM EDT
[#21]
They had a few strikes against them so they weren't getting my money anyways
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Posted: 3/27/2024 1:02:14 PM EDT
[#22]
Never mind. Biden just announced that the federal government is going to pay for the entire bridge.
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WI, USA
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Posted: 3/27/2024 1:18:11 PM EDT
[#23]
Quote HistoryOriginally Posted By ZuoZongtang: Never mind. Biden just announced that the federal government is going to pay for the entire bridge. He can say a lot of things. Does anything he says hold water though? |
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Posted: 3/27/2024 1:19:26 PM EDT
[Last Edit: nh11b]
[#24]
I'm betting this breaks the record from the Big Dig.
That was estimated $2.8B and Boston sucked out $8.08B by the end. Baltimore is going to take a hit because it's Baltimore, but daddy govt will shovel piles of money higher than the span of the bridge to them ETA: Can't find Clay Davis meme, but 300% accurate |
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Posted: 3/27/2024 1:19:52 PM EDT
[#25]
That’s gonna impact all the money the dems love to steal….. oh wait, it won’t.!
They just pad the bridge replacement costs |
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NE, USA
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Posted: 3/27/2024 1:23:28 PM EDT
[#26]
Quote HistoryOriginally Posted By Real_PhillBert: How much revenue is the harbor losing while the bridge is blocking shipping traffic? Baltimore is the largest port for imported car arrivals. They are parked out in huge lots awaiting processing. This will hurt a lot. Also a big port for exporting coal from WV and KY. |
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Posted: 3/27/2024 1:26:17 PM EDT
[Last Edit: DarkLordVader]
[#27]
Quote HistoryOriginally Posted By JVD: He can say a lot of things. Does anything he says hold water though? Must be the north-south window licker express route. |
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LA, USA
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Posted: 3/27/2024 1:26:28 PM EDT
[#28]
Start shipping illegals there to rebuild the bridge with non union labor
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VA, USA
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Posted: 3/27/2024 1:33:54 PM EDT
[Last Edit: Ibn_Huq]
[#29]
Quote HistoryOriginally Posted By Crazyascanbe: You mean they slowed down people getting in and out of Maryland? I'll have a coke In, out, and around the entire DC-BOS Megaopolis Better get a whole case…I hear the Mexican stuff is the best |
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AZ, USA
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Posted: 3/27/2024 1:36:36 PM EDT
[#30]
Don't even care.
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CO, USA
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Posted: 3/27/2024 1:36:56 PM EDT
[#31]
Quote HistoryOriginally Posted By gtofan: Send the bill to whoever couldn't fix the ship and sent it back out with known problems. Wow. What orifice did you pull that info from? Or is it simply like everything else at this point, a WAG. |
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OR, USA
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Posted: 3/27/2024 1:47:57 PM EDT
[#32]
I hope they recover all the bodies. How many congressmen owned companies are going to get no bid contracts to repair the bridge? In for the financial shenanigans ! I feel for the folks working and driving on the bridge that died. A friend asked me why didnt they drop anchor in a last ditch attempt to maybe stop the ship?
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Posted: 3/27/2024 1:52:52 PM EDT
[#33]
Quote HistoryOriginally Posted By BHD44: I hope they recover all the bodies. How many congressmen owned companies are going to get no bid contracts to repair the bridge? In for the financial shenanigans ! I feel for the folks working and driving on the bridge that died. A friend asked me why didnt they drop anchor in a last ditch attempt to maybe stop the ship? As I understand it, the ship did drop anchor, but it didn't stop it in time. |
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TX, USA
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Posted: 3/27/2024 2:04:56 PM EDT
[Last Edit: bayouhazard]
[#34]
Wait. It's a toll bridge? Seems like whoever is getting the toll money should pay out of their own pockets [1] to build back better instead of Biden stealing from taxpayers in other states.
[1] plus whatever they get from their insurance and suing the ship owner/operator. Same as when another driver ploughs into the back of my car. |
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MD, USA
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Posted: 3/27/2024 2:06:18 PM EDT
[#35]
Quote HistoryOriginally Posted By Mooseless: They’re going to have start taxing murders. We could start selling indulgences. With the right price structure, Baltimore could be the UAE of the US of A. |
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Posted: 3/27/2024 2:07:25 PM EDT
[#36]
Quote HistoryOriginally Posted By apexcrusade: It's freaking 6 bucks to go through the Baltimore tunnel, 6 bucks each way. What are the chances of that going up 'temporarily' I ask rhetorically. |
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Posted: 3/27/2024 2:08:02 PM EDT
[#37]
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TX, USA
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Posted: 3/27/2024 2:12:32 PM EDT
[#38]
Quote HistoryOriginally Posted By 9divdoc: Joe Biden: Government Will Pay ‘Entire Cost’ of Rebuilding Baltimore Bridge Don't forget 10% for the big guy. |
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WA, USA
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Posted: 3/27/2024 2:13:02 PM EDT
[#39]
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Posted: 3/27/2024 2:13:20 PM EDT
[#40]
Isn't there a big COMEX storage vault in B-Mo? and won't that affect delivery?
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Posted: 3/27/2024 2:13:23 PM EDT
[Last Edit: MonkeyGrip]
[#41]
Pay lawyers to claim rights to those “goldengoose” bridge falling gifs. = profit. Don’t be blind to the entertainment internet silver lining.
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TX, USA
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Posted: 3/27/2024 2:13:53 PM EDT
[#42]
Quote HistoryOriginally Posted By JVD: He can say a lot of things. Does anything he says hold water though? Quote HistoryOriginally Posted By JVD: Originally Posted By ZuoZongtang: Never mind. Biden just announced that the federal government is going to pay for the entire bridge. He can say a lot of things. Does anything he says hold water though? Oh don’t worry, he’s going to pay for it using ours the taxpayer money. |
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USA
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Posted: 3/27/2024 2:15:42 PM EDT
[#43]
Louisiana had a toll to cross the Sunshine bridge across the MS river one way. When it was finally paid off they stopped the toll. The original bridge to nowhere, bridge with no approaches for a while.
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Posted: 3/27/2024 2:17:42 PM EDT
[#44]
Ship carrier insurance is gonna be hurting paying all the claims.
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Posted: 3/27/2024 2:25:18 PM EDT
[#45]
That is nothing compared to having nothing coming in or going out of the port.
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Posted: 3/27/2024 2:26:54 PM EDT
[#46]
Quote HistoryOriginally Posted By kpacman: Baltimore is the largest port for imported car arrivals. They are parked out in huge lots awaiting processing. This will hurt a lot. Also a big port for exporting coal from WV and KY. Quote HistoryOriginally Posted By kpacman: Originally Posted By Real_PhillBert: How much revenue is the harbor losing while the bridge is blocking shipping traffic? Baltimore is the largest port for imported car arrivals. They are parked out in huge lots awaiting processing. This will hurt a lot. Also a big port for exporting coal from WV and KY. supposedly it |
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Posted: 3/27/2024 2:37:07 PM EDT
[#47]
They will miraculously blame the (suddenly) poor economy
(that actually sucked but they denied) on the bridge and promise the world to Baltimore and surrounding to get votes because Orange Man hates the region. |
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Posted: 3/27/2024 2:58:28 PM EDT
[#48]
Quote HistoryOriginally Posted By HRoark87: I really hope Baltimore doesn't start to go downhill because of this. How could you tell if it did? I mean, the difference between where it was and the absolute bottom of the hill seems to be about the height of the average street curb. |
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Posted: 3/27/2024 3:05:18 PM EDT
[Last Edit: Taft]
[#49]
OP, its worse than that. The trickle down effect will be exponentially enormous.
I got this from a friends facebook post, cut-n-paste here: Some sobering impacts to consider. The bridge took 5 years to complete. This isn’t going to be replaced anytime soon. It might take 3-6 months just to clear debris and get the Port open again. This is one of the highest volume container ports in North America. It is the largest, in volume, handler of import/export vehicles in the United States. It’s the largest handler of agricultural equipment in the United States. It’s the largest handler of imported sugar in North America. It’s the second largest coal handler in the US. It’s a major cruise ship point of embarkation, with half a million passengers leaving last year alone. It’s a major Coast Guard port and repair facility. Oil is refined and fuel exported from industrial areas on the northeast and southeast shores of the Outer Harbor. Ores and processed pigments are imported and processed and the region is a major producer of paints. All of the infrastructure around the city is oriented towards serving the Port in one way or another. The number of workers affected by this is astronomical. 100% of this capacity is trapped behind the bridge debris. The Key Bridge was the Hazmat route around the city. Now everything has to go west around the city. It’s going to be 3 years, minimum before this bridge is replaced. It might have to be replaced bank-to-bank. |
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TX, USA
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Posted: 3/27/2024 3:07:59 PM EDT
[Last Edit: SuperHeavy]
[#50]
Any stats on total revenue collected vs total cost.
As everyone saying the bridge will make traffic suck, but the port is the most imperative. Clear the debris and charge the shipping company for 20+ car ferries. And 4x terminals |
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