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Douglas Dynamics (PLOW) Q3 2026 Earnings Call Transcript

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Hormuz Oct crossings at 3-month high despite attacks, Red Sea traffic also rises

Strait of Hormuz shipping traffic rose to its highest monthly level since July in October, supported by stronger dry-bulk and LNG movements despite a decline in VLCC traffic and mounting regional…

  • October shipping traffic through Hormuz reached 3-month high at 750 transits
  • Dry bulk and LNG vessels drove increase despite 30 attacks and security threats
  • Red Sea traffic through Bab al-Mandab rose to 1,196 transits in October

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