UK hauliers will no longer need ECMT permits to access the EU in the event of a no deal Brexit, after a provisional deal between the European parliament and member states this week. However the agreement will only run for nine months after Brexit, can be unilaterally revoked by the EU and UK hauliers’ cabotage rights will severely limited and progressively reduced over the nine month period. The provisional agreement comes just weeks after the UK government announced it would […]
A disorderly Brexit could see the UK logistics sector suffer losses of £6.7bn a year by 2024, according to a report published today (6 March).
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.
Operator EM Rogers saw its pre-tax profit soar last year in the wake of low fuel prices and a strong pound against the euro, but said the UK’s vote to leave the EU could now prove costly to its operation.