Impact of market situation in the middle-east
Statement | Impact of current developments on European road & multimodal transport
Statement | Impact of current developments on European road & multimodal transport
Recent developments in the Middle East are causing volatility in global energy markets. This instability is affecting the European energy landscape, with a direct impact on the supply chain/transport sector. For European road and multimodal transport, this may influence planning and energy-related cost components.
What this means:
- Planning & updates: We are closely reviewing market conditions and supplier updates, and we communicate relevant developments and implications for flows directly with our customers.
- Cost-related elements: As energy prices continue to rise sharply across Europe, the €/litre cost increase is having a direct impact on daily operational expenses. We continue to monitor the situation and remain on top of it; the involved and affected parties will be informed accordingly.
Our approach: transparent and proactive
This situation is a clear case of force majeure and remain outside of our control. We are actively safeguarding network-wide service continuity and maintaining close monitoring of the market to ensure timely and transparent communication. Where required, we will formalise appropriate arrangements in line with existing agreements.
Questions?
We will update this page when relevant and inform you directly through your designated Ewals Cargo Care contacts. Your local Sales or Key Account Manager is available to discuss the latest status and any specific implications. Please do not hesitate to reach out.