Explained: Economic Impact Of The Baltimore Bridge Collapse

With vessel traffic at the Port of Baltimore suspended until further notice since Tuesday's accident, experts warn of knock-on effects but say these should be manageable in the near term.

Diverted cargo and supply chain disruptions -- businesses are rushing to avoid an economic hit following the collapse of a major bridge in Baltimore as a cargo ship slammed into it this week.

With vessel traffic at the Port of Baltimore suspended until further notice since Tuesday's accident, experts warn of knock-on effects but say these should be manageable in the near term.

Baltimore is the biggest vehicle-handling port in the country, including cars and heavy farm equipment, US Transportation Secretary Pete Buttigieg noted in a CBS interview.