The unforeseen collapse of California-based Silicon Valley Bank has not only largely impacted the global financial industry but has caused a rippling effect throughout the economy.
cargo
The port of Newark, New Jersey remains the largest container port on the East coast. The port supports over 400,000 jobs and has generated almost $8.5 billion in local, state, and federal tax revenue over the past decade. With import and export routes ranging from Asia, Europe, and Latin America, it has facilitated over 85 million tons of cargo worth more than $211 billion.