TT Club warns forwarders and transport firms of increased risks of operating in Russia
Transport firms operating in Russia have been warned to carry out thorough risk reviews and ...
The burgeoning Russia-EU/US trade war looks set to impact the logistics industry even further. Today’s latest is that Russia has banned, with immediate effect, the import of fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway. The ban will last for one year – indicating that Russia is in this for the long haul.
Russia is Europe’s second largest market for food and drink (although Russia has excluded alcohol from the ban), which was worth €12.2bn last year. The Kremlin has reportedly told officials to work to prevent domestic food price rises – presumably knowing the old saying that “there are only nine meals between mankind and anarchy”.
Canadian government invokes 'red tape rule' to prevent rail strike
Carriers juggling capacity and port congestion 'taking us back to the dark days'
'Liner panic' as new container production hits a post-Covid peak
Vessel juggling leaves ocean alliances short of Asia-Europe capacity
E-retailer demand surge to drive extended boom in trans-Pacific air freight market
More checks and delays at Nhava Sheva after latest seizure of goods from China
California staff launch class action against Ceva over 'breaches of Labor Code'
East-west freight rates continue rise; even transatlantic edges up
Comment on this article