Russian forces are shutting off shipping routes, logistics providers are suspending services, and air freight rates are skyrocketing.
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Judah Levine, head of research at freight booking company Freightos Group, said that as airlines avoid Russian airspace, they will take alternate, longer routes — jacking up fuel costs. Alperin noted that the growing number of carriers that have suspended services in Russia make up about 62% of total ocean freight capacity.Stranded shipping crew
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