Ukraine – Immediate Impact On Logistics

February 24, 2022

Ukraine – Immediate Impact On Logistics

 

This morning’s news of conflict in Ukraine has had an immediate impact on logistics, with the expectation of more to come in the coming days and possibly weeks.

Fuel prices have already hit a new high and we are receiving notices of increases in fuel charges from trucking companies with immediate effect.

Ukrainian and West Russian air space has been closed and flights are having to divert around the region. This may result in air freight delays and/or extra fuel costs in the near future.

Rail freight to and from Asia may also be impacted as trains need to travel through the region en-route to or from European hubs.

Many shipping lines have temporarily cancelled all port calls in Ukraine until further notice, and a Russian blockade is currently occupying the entrance to the Sea of Asov.

Our thoughts are currently with our partners C5C in Ukraine who have suspended operations and are focusing on the safety of Mariupol office team members, who are located in the Donetsk Region.

Needless to say, we are monitoring the situation closely.

 

Other News

Not So Golden Week In China?

Not So Golden Week In China?

Not So Golden Week In China?   Saturday is National Day In China, which commemorates the founding of the People's Republic of China in 1949. The day is also the start of Golden Week, a seven day national holiday for the Chinese public from 1st-7th October, where...

read more
Suez Vessel Owners In London Court

Suez Vessel Owners In London Court

Suez Vessel Owners In London Court   Four traders and an insurance company have taken Shoei Kisen Kaisha, the Japanese owners of the infamous Ever Given vessel, to High Court in London. The companies seek compensation for losses incurred due to spoilt food and...

read more
Customs CDS Goes Live This Weekend

Customs CDS Goes Live This Weekend

Customs CDS Goes Live This Weekend   The CDS platform replaces CHIEF for import declarations from this weekend, 1st October 2022. Its is critical that importers are prepared for this important transition. If you have left registering for CDS until now, then you...

read more
Observing Monday’s Bank Holiday

Observing Monday’s Bank Holiday

Observing Monday's Bank Holiday   The management and staff at Atlantic Pacific were extremely sad to hear the devastating news of Queen Elizabeth's passing last Thursday 8th December. After seventy years of her reign, none of us have memories of a time without...

read more

Follow us on social media

Ocean Freight Solutions

Flexible FCL and LCL solutions with all major carriers and alliances.

View More

Air Freight Services

Contracts with all major airlines and our own consolidation services.

View More

European Road Freight

Pan European services for economy, express, full load, and intermodal.

View More

Supply Chain Solutions

Tailored solutions built exclusively around your business requirements.

View More

Customs

A one-stop shop brokerage service for all of your customs requirements.

View More