Falls in the value of sterling in the wake of the EU referendum have continued to hit Laser Transport International, which saw its pre-tax profit plunge by 64% last year. In its latest results for the year to 31 December 2017, the Hythe-based company reported that whilst turnover had risen by almost 3% to £17.3m (2016: £16.8m), pre-tax profit plummeted to £16.6m (2016: £45.7m) in the period. In its analysis of the results, the Palletline member said that despite “robust” […]
All lorries carrying meat, fish and other food perishables could be subject to strict checks at Calais, post- Brexit, the deputy head of the Port of Calais told MPs this week.
From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum.
The United Kingdom Warehousing Association (UKWA) has given a cautious welcome to the government’s new Customs Declaration Service (CDS), which is due to be introduced shortly before Brexit.