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Texas Barge Accident to Cost $1 Billion

Texas Barge Accident to Cost $1 Billion
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POSTED: Monday, October 4, 2010 - 2:26pm

UPDATED: Monday, October 4, 2010 - 2:28pm

HOUSTON - A barge accident that shut down most of the Houston Ship Channel will cause a nearly $1 billion economic loss, disrupting traffic to one of the nation's busiest port.

Coast Guard Petty Officer Richard Brahm says the channel will be closed until at least Tuesday night.

So far, nearly 30 vessels are waiting to cross.
 

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