AAFA has hosted several member-only call(s) on Ukraine to discuss the situation, the industry’s efforts to provide support to the Ukrainian people, and the impact of sanctions on the industry. The next call has not yet been scheduled.
MEMBER INPUT: AAFA Members are welcome to submit questions or comments regarding your efforts. To do so, email Nate Herman.
LOGISTICS UPDATES:
Most ocean carriers, but not all, have banned all new bookings from Russia and Ukraine, and an increasing number of ports have banned Russian-flagged ships.
The U.S. and dozens of other countries have banned Russian air carriers from entering their air space, essentially shutting down Aeroflot (SU), AirBridgeCargo (RU), Volga-Dnepr Airline (VI), S7 Airline (S7), and any other Russian airline. Aeroflot has eliminated all international flights.
In response, Russia has banned air carriers from 38 countries, but not the United States yet, from its airspace, significantly impacting air routes to Asia.
American, United, and UPS are now avoiding Russian air space. Lufthansa predicted air space restrictions will essentially eliminate 10% of its air cargo capacity.
On March 3, FedEx announced a new war surcharge on international shipments.