Europe’s cargo delays seen short-lived as supply networks adjust

The cargo delays hitting some European companies because of Red Sea ship attacks should be short-lived as container carriers and their customers adjust logistics plans to cope with the longer journeys, executives with one of the world’s biggest port operators said.“We do not see at the moment that this is a volume problem – it’s a delay problem,” Tiemen Meester, group chief operating officer for ports and terminals with Dubai-based DP World, said in an interview Monday. “There is…
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Source: https://m.economictimes.com/small-biz/trade/exports/insights/europes-cargo-delays-seen-short-lived-as-supply-networks-adjust/amp_articleshow/106914945.cms