Healthy demand for “sophisticated” multipurpose vessels is being undercut by a sluggish market for standard MPVs.
As damage from Helene and Milton is being tallied, logistics experts say the storms won’t do much to accelerate spot and contract truckload pricing in the long term.
The move comes after two UK government officials sharply criticized the March 2022 mass layoffs at DP World subsidiary P&O Ferries while launching new legislation to protect seafarer rights.