cargo-partner is actively managing the situation to ensure service continuity.

Here is an overview of the key impacts:

• Air Freight: Widespread airspace closures and flight suspensions, particularly from major Middle Eastern hubs, have severely constrained global air cargo capacity. This is causing significant delays and longer transit times, especially between Asia, Europe, and the US.

• Sea Freight: The rerouting of vessels from the Suez Canal to the Cape of Good Hope is now standard practice for most carriers to mitigate risk. This adds approximately 10-20 days to transit times, leading to schedule adjustments and rate volatility.

• Surcharges and Rates: The market is experiencing significant instability. Carriers are implementing various fees, such as War Risk and Emergency Bunker Surcharges, and freight rates have increased substantially. These additional carrier costs will be passed on.

• Arabian Gulf Shipments: Some ocean carriers have begun terminating voyages for shipments en route to the Arabian Gulf. Cargo will be discharged at the next safe port at the cargo owner's expense.

To mitigate delays, we are offering flexible multimodal solutions, including Air, Land/Air and Rail Transport options via our transport hubs. Our teams are in constant communication with our partners to find the most viable transport alternatives for your shipments.

Your dedicated account manager will contact you directly if your cargo is affected to discuss specific solutions.