Shippers' capacity concerns as optimistic UK joins Trans-Pacific trade bloc
Supply chain leaders have greeted the UK’s admission to the Comprehensive and Progressive Agreement for ...
The latest on the knotty problems surrounding Brexit from The Guardian. At prime minister Theresa May’s latest special Brexit cabinet committee, ministers were warned of the “calamitous effect” of a hard Brexit and the subsequent exit from the Union Customs Code, the EU-wide customs agreement, which would be necessitated by the UK’s insistence on controlling immigration. The massive increase in logistics costs for shippers and forwarders would be accompanied by a need to hugely expand ports such as Dover to accommodate all the extra inspection areas required, and could, ultimately, lead to a decrease in trade.
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