Area Development
Amports will lay off 116 employees at the Port of Baltimore, according to the Baltimore Business Journal. The decision is a result of Hyundai and Kia moving their business to Philadelphia.

"It's unrealistic in this industry to expect that you're going to be able to hold on to every type of business that you have forever," said Richard Scher, a spokesperson for the Maryland Port Administration.

Discussion continues to bring business back to Baltimore, but Scher said such changes are common in the maritime industry.

Hyundai hired Amports in 2002 to process 47,000 at Baltimore annually. Amports renovated a 55,000-square-foot space at a cost of $6 million at the Chesapeake Terminal in Fairfield for Hyundai.

But the port recently acquired 50,000 vehicle shipments annually when BMW selected the location for its car processing in March.