According to reports, the sudden conflict between Israel and Hamas, a Palestinian Islamic organization, has caused Israel to enter a state of war readiness, which has led to the temporary closure of some businesses of many multinational companies in Israel, and at the same time, major logistics companies have also adjusted their operations in Israel.
In terms of shipping, the war has led to the temporary closure of Ashkelon, Israel’s largest oil terminal, due to the missile threat. Other important ports, such as Haifa and Ashdod, continue to operate, but Ashdod port is in a “state of emergency” and continues to operate under close supervision because of its proximity to the Gaza border and potential dangers. In addition, experts believe that with the expansion and duration of the conflict, the Suez Canal and the Strait of Hormuz may also face disruption.
In terms of air transportation, FedEx Express has drastically reduced its international flights to Israel, and UPS also said on Monday night that it had stopped flights to Israel. In addition, during the conflict, Israel’s Ben Gurion International Airport and Tel Aviv Subeifu Airport may close or suspend flights for security reasons, which also leads to the interruption of air logistics, and goods may not arrive or leave the area normally.
In short, the conflict between Israel and Hamas has adversely affected the logistics industry, making cross-border trade and logistics operations more complicated and unpredictable. These impacts may lead to supply chain delays, rising costs and increased risks, posing a major challenge to regional and international logistics business.
Post time: Oct-17-2023