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Posts from December 2020

 
UK logistics industry welcomes Brexit trade deal 
 
The logistics industry has welcomed the signing of a Brexit trade deal between the UK and the EU while highlighting the changes that lie ahead from the beginning of next year and the need to be fully prepared. 
 
In broad terms, the agreement makes provision for the UK and the EU to have access to each other's markets, ensuring that imported goods will not be subject to tariffs or quotas, although they will still be subjected to checks and controls. 
 
Click on the below link to read more.  
 
 
Brexit border ‘catastrophe’ warning over lack of customs agents 
 
UK government ministers criticised for failing to ensure enough customs agents have been trained to handle the expected surge in demand caused by the end of the UK’s Brexit transition period from EU rules from 1 January 
 
To read more, please click on the below link. 
 
 
If you require any information or assistance with customs declarations, contact a member of our team who would be happy to help you. 
 
Container shortages exacerbated by slow turnaround times 
 
Container availability in China remains at a record low as the length of time equipment is sitting in depots is increasing. 
 
To read more information, please click on the below link. 
 
 
Asia-Europe container freight spot rates hit new highs 
 
Container spot freight rates from Asia to northern Europe have broken the $2,000 per teu level for the first time in a decade after rising by more than a quarter this week. 
 
The Shanghai Containerised Freight Index reported rates of $2,091 per teu on the Asia-northern Europe trade. The last time rates were this high was during the “dead cat bounce” that followed the global financial crisis, when rates topped £2,100 per teu in May 2010. 
 
Click below to read more. 
 
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