Trade
Europe’s Cargo Delays Seen Short-Lived as Supply Networks Adjust
- DP World executive says delayed freight ‘will catch up’
- Houthis hit another cargo vessel near the Red Sea on Monday
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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.