The introduction of physical customs checks following Brexit would be a catastrophe for British ports and shipping and would likely reduce the volume of trade, the head of the sector's UK industry body said.
Once upon a time, new fashion collections were introduced in the fall and spring. Socialites followed the runway shows to select looks for their charity balls. Families went "back-to-school" wardrobe shopping. Spring looks showcased lightweight fabrics and pastels. A smaller winter show featured cruise wear.
On March 29, British Prime Minister Theresa May officially set into motion the exit of the United Kingdom from the European Union, beginning a two-year period of negotiation and closure. The clock is ticking.
An unusually large number of icebergs have drifted into the shipping lanes of the North Atlantic in recent weeks, forcing vessels to detour well to the south to avoid danger. Icebergs have even been spotted outside of the Coast Guard's ice navigation warning area, prompting at least one notice to mariners urging additional caution.
Analyst Insight: International e-commerce, also known as cross-border e-commerce, is growing at a rapid rate, but is faced with a number of challenges such as currency, delivery times, customs and returns. As a result, logistics providers such as FedEx, UPS and Pitney Bowes have acquired niche players to expand international e-commerce capabilities. Combined with these niche players, logistics providers are utilizing global gateways to reduce costs and delivery times. - Melissa Runge, vice president of analytical solutions, Spend Management
Now that the U.K. has formally handed in its request to leave the EU, the Port of Dover is concerned that the imposition of customs checks could have a disastrous effect on its business.
The launch of two global container-shipping alliances last week got off to a rough start, with cargo owners in Europe complaining of long delays to carry goods to Asia.
In a move that Intelligent Energy says will make supply chains more efficient, the clean energy company has signed a deal with PINC to supply air cooled fuel cell systems for unmanned aerial vehicles (UAVs).
The latest news, analysis, services and systems regarding global logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods faster and farther around the world than ever before through global logistics solutions. New technologies that provide information during global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using global logistics solutions to power their supply chains.
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