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Dec

BIFA welcomes HM Treasury funding for customs training

Tue. 18 Dec 2018
The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has welcomed the recent news of an £8 million government funding scheme for customs intermediaries and traders.

UK to remain in the CTC after Brexit

Tue. 18 Dec 2018
The UK is set to remain in the Common Transit Convention (CTC) after Brexit, ensuring simplified cross-border trade for UK businesses exporting their goods.

World Container Index - 13 Dec

Mon. 17 Dec 2018
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down by 1.2% to $1,622.68 per 40ft container (updated Thursday, 13 December 2018).

Executives must watch both sea and air amid trade war tensions, warns Xeneta

Wed. 12 Dec 2018
As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment, highlighted by last week’s arrest of Huawei’s CFO in Canada, the leading freight rate benchmarking and market intelligence platform says shippers need agile logistics strategies, with the option of shifting transportation mode whenever necessary.

Turning the tide

Mon. 10 Dec 2018
Container traffic from Asia to North Europe is finally trending upwards. So far, pricing gains have been minimal for carriers.

World Container Index - 06 Dec

Fri. 7 Dec 2018
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down by 3.8% to $1,643.06 per 40ft container (updated Thursday, 06 December 2018).

Air freight marks modest growth in October, Up 3.1%

Fri. 7 Dec 2018
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 3.1% in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5% in September.

£8 million funding scheme for customs intermediaries and traders open

Tue. 4 Dec 2018
HM Treasury and HMRC grants for training and IT improvements ahead of UK leaving the EU.

Truck driver shortage crisis now spreading across the whole of Europe

Mon. 3 Dec 2018
European road transport firms are racing towards a driver shortage crisis of 150,000 unfilled jobs, according to new research from Transport Intelligence.

Taxation (Cross-border Trade) Act 2018 (TCTA) Statutory instruments

Mon. 3 Dec 2018
The Statutory Instruments under the Taxation (Cross-border Trade) Act 2018 (TCTA) and the EU Withdrawal Act 2018 (EUWA).


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