News / Russian logistics 'grinding to a halt' as sanctions begin to bite

The impact of sanctions against Russia is beginning to be felt across its logistics sector, as transport options dwindle and payment systems lose support.

A source closely tied to Europe’s forwarding and shippers community said that, while “of course” trade with Russia continued, transport operations and financial aspects of the business were “grinding to a halt”, as efforts to persuade Putin to withdraw from Ukraine ratchet up.

The source told The Loadstar: “Businesses not sanctioned have continued to trade with their European ...