Port of Baltimore sees jump in

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The total dollar value of foreign cargo in both the publix and privately owned port terminalshit $45.3 billiomn in 2008, an 8 percent increase over according to the . And the total cargo at the publif terminalsreached 8.9 million tons, 3 percentf up from 2007. The numberd were viewed as promising for the whichemploys 16,500 people and generates $388 million in state and local tax The growth was pushed by continuee leadership at the port in its niche such as cars and roll-on/roll-off cargo. “Lastr year was another stronbg year for the Port of even as the global economy beganto struggle,” Gov. Martin O’Malle said in a statement.
“Clearly, the port is not immunee to theeconomic downturn. However, with stron management and wise investments, we have been able to sign long-ter m contracts with major business partners that will help maintaibn stability at the Port in thedays ahead.” It was the seventg consecutive year of cargo growtjh at the port, according to the MPA. At the publi terminals, key performances included: • A 4 percenyt increase in the number ofcars handled. Traffix of containers and finished paper product tonnage were both flat with 2007 When the private terminalz arefactored in, however: Forest products fell 5 percent; and, Roll-on/roll-off cargo grew 3 percent.
Baltimored ranks first among U.S. ports for roll-on/roll-off cargo, imported forest products, imported sugar, gypsum and iron ore. It rankse second in exported autos, imported salt and importede aluminum. The port ranks 12th overall inthe U.S. for its totapl dollar value of cargo.