Baltimore Bridge Collapse: Significant Impact on Local Port and Economy, Limited Effect on US Economy Overall
The recent incident involving the Francis Scott Key Bridge in Baltimore, Maryland, which was struck by a container ship, is expected to have a significant impact on the local port and shipping operations, while its effect on the overall US economy remains relatively limited. The bridge collapse occurred in the early hours of Tuesday, the 26th of March’24, plunging cars into the river below and leading to the suspension of traffic at the port until further notice, according to Maryland transportation authorities.