Baltimore bridge collapse will have ‘ripple effect’ on economy and global supply chain

The early-morning catastrophic collapse of the Francis Scott Key Bridge in Baltimore, Maryland, has brought one of the most important trade hubs in the United States to a halt — indefinitely. 

A 948-foot container ship called the Dali hit a support column on the Baltimore bridge around 1:30 a.m. Tuesday, causing it to fall and sending at least seven cars plunging into the Patapsco River. The Dali had been headed to Sri Lanka and was flying under a Singapore flag. 

A cargo ship is stuck under part of the structure of the Francis Scott Key Bridge after the ship hit the bridge on Tuesday, March 26, 2024, in Baltimore, Maryland. (AP Photo/Steve Helber)

The 1.6-mile bridge’s collapse will undoubtedly have a profound economic effect both locally and globally. Around the world, about 40 ships, including 34 cargo
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