We continue to closely monitor the evolving military conflict in the Middle East and the potential implications for global supply chains. Ongoing disruption across the region is impacting both air and ocean freight services, and the situation remains fluid.

Recent developments have resulted in partial and full airspace closures across several countries, with flights suspended or rerouted and certain airports temporarily closed or operating under heavy restrictions. These measures are creating capacity constraints across air freight networks, alongside increased volatility in freight rates and schedule reliability. Alternative routing options that avoid the region are becoming increasingly limited as demand rises.

Across ocean freight, the closure of the Strait of Hormuz has led to the suspension of sailings and port calls within the Gulf region, with some vessels currently unable to transit affected waterways. Several ocean carriers have also suspended bookings to and from parts of the region and introduced emergency surcharges related to war risk and operational disruption. Additional adjustments to carrier services may occur as the situation continues to evolve.

As a global freight forwarding and logistics provider, we are actively assessing the impact across all modes of transport. Our operations and procurement teams remain in close contact with carrier partners and regional representatives to maintain visibility of developments and support the continuity of cargo movements wherever possible.

Contingency planning measures are in place to help mitigate disruption, including the introduction of alternative routing options and transshipment solutions where available. However, customers should be aware that ongoing cancellations, capacity limitations, and rate volatility may result in extended transit times or pricing adjustments across certain trade lanes.

We recommend that customers review their cargo insurance policies with their underwriters to ensure that appropriate War and Strikes coverage is in place for shipments that may transit affected areas.

The safety of our employees, partners, and stakeholders remains our highest priority. We will continue to monitor the situation closely and provide further updates as more information becomes available.

For further information regarding specific shipments or trade lanes, please contact your usual company representative.

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