Urgent information
The impact of the escalating Middle East conflict has now gone beyond the regional issue. Several flights have been cancelled or delayed, including a complete suspension of air travel to and from the Persian Gulf countries. The Strait of Hormuz is effectively closed to shipping, and maritime traffic with several transit countries potentially affected by military risks.
The tariff and delivery time forecasts provided in this update will be adjusted as market participants gain a better understanding of the situation. Specifically, we anticipate that shipping costs from China will increase for container and road freight, whilst border delays are mounting due to the redirection of European traffic to direct rail and road.
Container turnover due to longer delivery times will likely lead to an increase in container usage rates.
WELLGO specialists are closely monitoring the situation. We actively coordinate with other freight forwarding and 3PL / 4PL partners. The clear intention, is maintaining supply chain stability and obtaining reliable information about goods in transit and carrier plans.