Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Cargo owners should brace for a “cliff event” similar to the turmoil in the early ...
By Sam Whelan
Amid sanctions against Russia, forwarders are scrambling to test alternatives to China-Europe rail freight routes – with ocean winning, for now.
Trains are still running along the Trans-Siberian route, but Russian Railways has been sanctioned so European forwarders have suspended bookings through the country.
For example, while cargo is not directly targeted, Scan Global Logistics said the majority of customers were turning to air or ocean freight, given the uncertainty surrounding sanctions against Russia and Belarus and the risk of shipments getting ...
Comment on this article