The future economic effects of COVID-19 are highly uncertain. Early predictions showed COVID-19 may plunge the U.S. into an economic recession. However, current conditions make it difficult to predict the length and severity of the pandemic and identify any long-term economic repercussions.

The Marine Transportation System (MTS) is a vital part of the nation’s supply chain. The vast majority of U.S. overseas trade is carried by the MTS and its operation plays a major role in the nation’s GDP and overall prosperity. An efficient MTS reduces congestion in ports, railways, and roadways, reduces costs to consumers and business owners, and promotes homeland and national security.