Our report outlines the key issues and recommendations for managing tomorrow's challenges.
How the transport industry has responded to sanctions against Russia
- Transport providers moved quickly to address sanctions against Russia
- Companies remain focused on the commercial risks
- Developing a long-term response to sanctions
- 76% terminated all contracts that could benefit the Russian state
- 60% experienced increased insurance costs
- 64% expect international sanctions to be more common in future
- 76% ceased all deliveries to and from Russia
- 50% shortfall of investment from Russian banks and individuals
- 64% believe more sanctions will be riskier for their business
