A transport lawyer has warned that there could be a reduction in demand for international haulage and logistics if the UK votes to leave the EU on Thursday. Laurence Pritchard of Weightmans said a Brexit would result in increased import tariffs, which could ultimately lead to a decline in trade between Britain and the rest of Europe if export volumes reduce. He said: “The main concern is that if the rate of exportation is reduced there will be less demand for professional […]
Lloyd Fraser has warned that current trading conditions are challenging, but added it was too early to say what impact Brexit might have on its future performance.
Any introduction of tariffs, quotas and new customs clearances at UK ports after the UK leaves the EU could cause “significant difficulties” for the supply chain, an influential group of MPs have been told.
More than a third of hauliers (35%) have felt an effect from Britain’s decision to quit the EU, according to a new survey.