We have modeled plasma transport in the low-latitude and equatorial ionosphere during the great magnetic storm of March 1989. Our goal was to provide a consistent explanation for the DMSP (Defense Meteorological Satellite Program) observations of dramatic decreases in ion density and rapid ion drifts in the low latitude ionosphere over South America during the storm. The modeling effort supports the hypothesis that abnormally large upward drifts lifted F region plasma above the satellite's altitude and created the density depletions observed by DMSP. Modeled O+ densities at the satellite's altitude have a strong qualitative resemblance to DMSP observations. Both the model and the observations indicate a deep density trough with extremely sharp boundaries surrounding the equator. The widths of both the modeled and the observed equatorial troughs increase with time. Vertical ion drifts predicted by the model also have been compared with DMSP measurements. Like the observed vertical drifts, the modeled drifts reversed sign near the trough boundaries. The modeled vertical drifts are of the same order and direction as the vertical component E¿B convection near the equator, but of opposite direction (downward) near the trough boundaries and outside of the trough. ¿American Geophysical Union 1992