The European Union and the UK government have agreed a Brexit delay until 31st October.
However, the UK could be booted out on 1st June if it fails either to ratify the withdrawal agreement by 22nd May or hold elections to the European Parliament by 26th May.
The Freight Transport Association welcomed the fact that the potential cliff edge of a no deal departure from the EU had been postponed.
But, said Pauline Bastidon, head of global and European policy: “While the risk of no deal has receded for now, it is an outcome which cannot be excluded further down the line – indeed, it remains the legal default, in the absence of alternative arrangements. FTA is therefore calling on its members to use this extra time wisely.”
The agreement was also greeted with relief by the Confederation of British Industry. Director-general Carolyn Fairbairn said: “This new extension means that an imminent economic crisis has been averted, but it needs to mark a fresh start. More of the same will just mean more chaos this autumn.
“Businesses will today be adjusting their no deal plans, not cancelling them.
“For the good of jobs and communities across the country, all political leaders must use the time well. Sincere cross-party collaboration must happen now to end this crisis.”