The North American freight market is experiencing its third major event in two weeks’ time. Hurricane Milton is expected to make landfall in the Tampa, Florida, area as a major Category 3 storm with maximum sustained winds around 125 mph. The storm surge is expected to be more like that of a Category 4 or 5 storm, however, making it potentially one of the strongest storms ever to hit the Tampa area.
Milton is hitting on the heels of two major market-disrupting events: the International...
https://www.freightwaves.com/news/hurricane-milton-may-be-too-much-for-the-freight-market-to-handle