The latest from Atradius for you;
One of the UK’s largest trade credit insurers has issued a warning to the transport industry as new data reveals a sharp rise in claims for unpaid and late invoices.
Atradius has shared its monthly claims data for the first full month since the Iran War outbreak, with a spike in claims in the transport sector signalling volatility for businesses and consumers.
The Iran conflict is putting transport supply chains under real pressure, with Atradius recording a 70% rise in claims (February vs March 2026).
Disrupted airspace, shipping instability and rising fuel costs are contributing to slower and more expensive movement of goods across global supply chains, increasing operational pressure for both shippers and receivers of cargo. The Iran conflict has intensified volatility in global energy markets, with disruption to key routes such as the Strait of Hormuz driving up oil prices and feeding through into higher transport and logistics costs.
Consumers will also be feeling the hit, with US petrol prices rising by around 50% since the Iran conflict began – with the economic shock feeding into higher UK wholesale fuel costs, pushing up pump prices and increasing costs across the transport and automotive sector2.
Nicola Harris, Senior Underwriter at Atradius, commented:
“The Iran war has sent a massive ripple through the transport supply chain, at a time when the UK is already vulnerable to rising freight, fuel and energy costs – piling the pressure onto firms that are already operating on thin margins.
“Surging fuel prices and supply chain blockages are further harming haulage providers, many of whom have no room to absorb further economic shocks. As a result, businesses have no choice but to pass higher costs onto customers.
Nicola continues:
“Caution within the sector will remain crucial as the war continues. At times like these, it’s critical that businesses have the right protection in place to safeguard liquidity as the market continues to shift.”
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