DfT signs £86.6m in no-deal ferry contracts for medicine movements
The Department for Transport, (DfT) has signed contracts worth £86.6m with four ferry operators to import medicines into the UK in the event of a no-deal Brexit.
The Department for Transport, (DfT) has signed contracts worth £86.6m with four ferry operators to import medicines into the UK in the event of a no-deal Brexit.
A 10 per cent tariff on commercial vehicles in the event of a no-deal Brexit has been labelled a “tax on quality” that will “hinder the logistics industry contribution to environmental savings”.
Geodis and chemical company Arkema have tested no-deal Brexit customs arrangements through a dry run organised by French Customs.
P&O Ferrymasters is to offer customs declaration services to its customers after it signed a strategic partnership with customs service provider SGS Maco.
Six in ten (61 per cent) of logistics and supply chain managers believe that a No-Deal Brexit will have a detrimental effect on British businesses and the wider economy.
A survey of UK and EU supply chain managers by the Chartered Institute of Procurement & Supply (CIPS) has found that almost half (48 per cent) of UK businesses have not had their Christmas preparations affected at all by Brexit.
Warehouse space in London is set to see the highest amount of rent growth in the event of a no-deal Brexit, according to the latest analysis from Savills.
The Freight Transport Association said that the release of the Operation: Yellowhammer document showed that there was “still much that could go wrong” as the country prepares to leave the European Union on 31 October.
The Freight Transport Association has welcomed Chancellor Sajid Javid’s commitment to £2 billion of funding for government departments to help the UK to establish a new relationship with the EU.
The British International Freight Association has voiced concerns over the government’s plans for £16 million in funding to help businesses train staff to make customs declarations, and to help businesses who support others to trade goods to invest in IT.