ORR, Together Outdoors Co-Host Session Of Outdoor Workforce Expert Series On Entrepreneurship, April 4

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FEATURED INDUSTRY NEWS ORR, Together Outdoors Co-Host Session Of Outdoor Workforce Expert Series On Entrepreneurship, April 4 The Outdoor Workforce Expert Series, hosted by the Outdoor Recreation Roundtable and Together Outdoors to provide advice from experts in the field, will host its next session this Thursday. The hour-long session will focus on advice for new and emerging entrepreneurs in the outdoor industry. Read More LEADING ECONOMIC AND POLICY NEWS Maryland Governor Says Crews Have Opened Temporary Channel To Resume Traffic At Port Of Baltimore The New York Times reports Maryland Gov. Wes Moore on Monday confirmed the opening of a temporary channel in the Patapsco River to “help restore some traffic in and out of the Port of Baltimore, one of the nation’s busiest commercial shipping hubs.” Coast Guard Rear Admiral Shannon Gilreath announced the new channel will allow “some barges and tugboats that had been trapped in the harbor” to exit, but “at a depth of 11 feet, the new lane can accommodate only a fraction of the traffic that typically passes through the port.” Gilreath also revealed officials are “surveying a second alternative channel on the other side of the bridge [that] would have a depth of ‘around 15 to 16 feet,’ allowing somewhat larger vessels,” and “said that the opening of a third alternate channel, with a depth of 20 to 25 feet, was dependent on the daunting work being done at the moment: the clearing of heavy bridge debris.” The AP reports Coast Guard Capt. David O’Connell, the federal on-scene response coordinator, said the opening of the temporary channel “marks an important first step along the road to reopening the port of Baltimore.”         However, Reuters reports that to “illustrate the task ahead, officials said recovery workers needed 10 hours to cut free and remove a 200-ton piece of debris – what they called ‘a relatively small lift.’” Moore said, “We’re talking about something that is almost the size of the Statue of Liberty.” Moore continued, “The scale of this project, to be clear, is enormous. And even the smallest (tasks) are huge.”         Meanwhile, “a senior U.S. official and a document obtained by” USA Today emphasized “preventing the ship that crashed into the Francis Scott Key Bridge in Baltimore Harbor from shifting in the current while it supports thousands of tons of steel wreckage is a key goal for the Army Corps of Engineers.” USA Today adds the removing of the wreckage is “a massive task,” as “much of the steel is twisted, some of it on the floor of the channel, 50 feet below the surface,” engineers “must determine which portions are under tension before cutting it into pieces,” and divers will “have to navigate currents, limited visibility, cold water and lethally sharp debris.”         In his New York Times column, Paul Krugman criticizes Republican opposition to infrastructure spending, and suggests “partisanship and conspiracy theorizing” may hold up federal funds for rebuilding the Baltimore bridge. He explains that Republicans have already blamed the collapse “on the usual suspects, including funds meant to be spent on green energy and, in particular, diversity initiatives,” concluding that “this is no time to be complacent.” With Port Of Baltimore Disrupted, Port Of Wilmington Seeing Sharp Increase In Activity The Delaware News Journal reports that following the collapse of the Francis Scott Key Bridge in Baltimore, the Port of Wilmington “is already seeing ‘close to double’ the expected number of ships in the early days of the Baltimore port closure, said Bayard Hogans, Mid-Atlantic president of Port of Wilmington operator Enstructure. ... The Wilmington port is likely the destination that offers the least disruption to ships that had previously been bound for Baltimore, Hogans said — both because of the maritime proximity of the two ports, and Wilmington’s nearby location on the same Mid-Atlantic train and trucking corridors.”         Delaware Public Media also reports. ISM Report Shows Manufacturing Activity Rose Last Month For First Time Since September 2022 Bloomberg reports that the Institute for Supply Management released its manufacturing gauge for March on Monday, which showed that US factory activity “unexpectedly expanded.” The gauge rose 2.5 points to 50.3 last month; a reading above 50.0 indicates the sector expanded during the month. The reading “halted 16 straight months of shrinking activity.” Dow Jones, S&P Down, Nasdaq Up On Monday CNBC reports that the Dow Jones Industrial Average “dipped Monday to kick off the second quarter, with traders weighing fresh U.S. inflation data amid fears that the market rally could slow down. The 30-stock Dow Jones Industrial Average lost 240.52 points, or 0.6% and settled at 39,566.85.” The S&P 500 “dipped 0.2% to close at 5,243.77. The tech-heavy Nasdaq Composite, on the other hand, added 0.11% to finish at 16,396.83.” According to CNBC, “Investors remain cautious about the pace of the Federal Reserve’s rate-cutting timeline this year and how soon central bankers will be able to meet their 2% inflation target.” Previous Top Stories  • Top Reasons To Attend The American Boating Congress  • US Transportation Secretary, Maryland Politicians Call For More Federal Funding To Reopen Port Of Baltimore

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