A £2.1bn funding package for no-deal Brexit preparations is not enough to cover the costs the haulage industry will incur, the FTA is warning. The funding package, announced by chancellor Sajid Javid last week, includes £1.1bn already committed to plans for 31 October and £1bn in reserve. The move came as Bank of England governor Mark Carney warned that a no-deal Brexit would deliver an “instantaneous shock” to the economy, resulting in a falling pound, rising inflation and slowing GDP. […]
Employment costs hit Meachers Global Logistics’ profit last year but the Southampton-based company has deeper concerns about Brexit, according to its chairman.
Hauliers have no choice but to hike rates this year in the face of the Covid-19 pandemic, Brexit, the climate crisis and other international pressures, Logistics UK is warning.
Europa Road has created a new team to support its customs product launched last year, Europa FLOW.