Strong time charter rates that have hardly moved in recent years and ongoing robust demand are keeping aging multipurpose vessels on the water.
Freight demand was either better or “less worse” at three of the largest LTL providers last month, bolstered perhaps by the need for shippers to speed some freight to inventories.
That comes as ONE said the port would be temporarily omitted from 11 Premier Alliance US East Coast sailings through mid-October to maintain schedule reliability.
