A new study from ParcelHero, released today, warns that Brexit red tape and increased duties could see UK traders face a 35% drop in sales of products sourced overseas. David Jinks, ParcelHero’s head of consumer research, estimates this would leave a £5.25bn black hole created by lost trade and increased costs. ParcelHero’s latest Brexit Study – ‘The £5.25bn Brexit Crisis that Continues to Escalate’ looks at the impact of Brexit on UK traders and the UK government’s unilateral moves to […]
Brexit has amplified the shortage of warehousing space in the UK, delegates were told at the Freight in the City Expo.
Irish parcel carrier Nightline has said it expects to move 50% more parcels this Christmas than last year, despite a slow start to the season.