Brexit customs bullet dodged by not pulling the trigger — Panjiva
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Brexit customs bullet dodged by not pulling the trigger

Brexit 175 Cons. Discr. - Autos 1182 Consumer Staples 761 Corp - Shipping 978 Energy - Conventional 448 European Union 829 Health Care 353 Mode - Containerized 1470 Mode - Seaborne 1803 Trade Balance 932 United Kingdom 370

U.K. logistics networks remain in a state of upheaval after the implementation of new trading arrangements with the EU in January. Over a quarter of trucks leaving the U.K. to go to the EU are empty as of the first week of March according to the Road Haulage Association. One third of manufacturers are facing delays to operations of over two weeks per industry association Make UK. The ratio of arriving versus departing container shipping has risen by 20% in 2021 year to date versus 2020 based on Container xChange figures. Maersk and MSC have rearranged their route network to avoid the por...

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