London-based freight forwarding and supply chain finance company Beacon has attracted funding from Amazon founder Jeff Bezos. The start-up, launched in 2018 by two former Uber executives, has raised over $15m (£12m) in its first funding round, attracting heavyweight investors which include Jeff Bezos, former Google chief executive Eric Schmidt and US venture capital firm 8VC. Beacon aims to disrupt the freight forwarding industry which it says is a “highly fragmented” market, in which the top ten forwarders globally control […]
HGV traffic to and from Ireland via Holyhead has slumped by around a third, according to port operator Stena Line.
PML’s venture with FreshLinc to operate a remote HMRC / DEFRA approved Border Control Post (BCP) and ERT (bonded warehouse) facility has finally been given the green light after a delay of over three months caused by the pandemic.
Delivery companies such as Hermes that use self-employed drivers need to change their business models, according to a select committee.