Semiconductors could compensate for air freight's lost ecommerce traffic
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© Bambulla
By Alex Lennane
A Russian freight forwarder has denied allegations by the US Department of Commerce that it broke sanctions by shipping Kalashnikov weapons.
Kalashnikov said it currently had a major focus on exporting, which could see other forwarders caught up in US regulations.
The latest US Office of Foreign Assets Control (OFAC) designations, as well as the Bureau of Industry and Security entity list published today, named the forwarder and its customer service manager on its sanctions lists.
The US alleges that Instar Logistics coordinated ...
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