Hormuz 'definitely shut', landbridges under pressure – TIR to the rescue?
With tentative hopes of a reopening of the Hormuz Strait dashed by the wave of ...
With the US/Israel-Iran conflict now into its second month, The Loadstar’s readers are well acquainted with the concept of the various Middle East landbridges that have sprung up to service Gulf importers locked away behind the closed Strait of Hormuz.
But what’s it actually like to run one of these trucking firms in such a time?
Semafor this week published a fascinating interview with Gaurav Biswas, CEO of TruKKer, the Gulf’s answer to Uber Freight and backed by investment funds from Abu Dhabi, Saudia Arabia, and Bahrain.
He has seen volumes soar 30% since the onset of the conflict, as well as the considerable pressure that ports outside Hormuz have come under.
“For now, however, smaller ports are absorbing volumes they were never built for,” Mr Biswas said. Turning these nodes and land corridors into full-fledged alternatives to Jebel Ali, was he says, “like asking Muscat airport to become Terminal 3 of Dubai.”
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