Russian ban on European haulage will inflate logistics costs
By Automotive Logistics2022-10-11T11:09:00
Russia has banned haulage trucks from the EU from crossing borders into its territory, a move that is expected to drive up logistics costs and the price of end products
The Russian association of international road carriers (Asmap), which actively spoke in support of the new sanctions, estimated that, taking advantage of their monopoly position on the market, European carriers raised their tariffs on deliveries to and from Russia by 200% to 400%. Under the new conditions, the logistics costs are expected to drop, the association said. However, most market players expect logistics costs to rise because of the sanctions