What moves your costs, your transit times and your cargo today.

Good morning. The issue today is not a lack of capacity, but its reliability: Asia-Europe combines more supply, falling freight rates and delays that are difficult to absorb. In Italy, several industrial actions are also concentrating operational risk across ports, road and rail in the coming days.

The figure: 4% Percentage of on-time calls between the Far East and Europe during September, according to Xeneta.

THE DAY IN 30 SECONDS

• Xeneta places Asia-Europe at record lows for schedule reliability and expects at least 17% of scheduled capacity to be cancelled in October.
• The EU has added 1,569 Russian individuals and companies to its sanctions regime, bringing the total to nearly 4,600.
• Italy faces strikes at Campania ports, on Tuscany’s rail network and in Sicily’s road transport sector.
• Hapag-Lloyd will apply an $800-per-TEU PSS to Southwest Africa from 25 October.
• Asia-Europe freight rates have fallen for 13 consecutive weeks as services return to the Suez route.
• WorldACD estimates global air cargo grew 9% year on year in September, while rates were 25% higher.
• Risk in Hormuz is extending to vessels conducting ship-to-ship oil transfers, according to an analysis cited by AP.
• The SONAR index has fallen to 70, although US carriers still retain an advantage in freight-rate negotiations.

🌍 REGULATION AND COMPLIANCE

The EU adds 1,569 names to Russia sanctions

The figure: 1,569 new individuals and entities included on European lists

Why it matters: this is not a new blanket prohibition on imports or exports, but it significantly expands the universe of counterparties requiring screening before contracting, collecting, paying or delivering goods. The measure affects checks on Russian customers, suppliers, banks, consignees and beneficial owners.

• The package includes 826 Russian companies and 743 executives from those companies.
• The Commission now puts the total number of individuals and entities covered by this regime at nearly 4,600.
• Brussels attributes at least €20 billion in annual turnover and more than 250,000 employees to the affected companies.

What to watch: indirect matches through ownership or control may block transactions even where the counterparty is not named directly on the list.

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