Europa Worldwide Group said its customs product, Europa Flow, was helping customers buck the downward trend on trading levels created by Brexit and highlighted by MPs in a scathing report.
The logistics operator was responding to the recent findings by the Public Accounts Committee (PAC), which concluded that the only detectable impact of Brexit was soaring costs, border delays and increased paperwork.
The company said its “frictionless customs product” had seen exponential growth in the number of transactions and that each month Flow generated a total value of £1.8m duty deferred and created an estimated £14.28m in VAT zero rated processes for customers.
It said the product’s popularity had arisen because it mitigated “the exact issues – increased costs, paperwork and border delays – the public accounts committee recently expressed concerns about”.
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Adrian Redmile, Europa sales and branch network director, said: “As a business, we have never shied away from the challenge of Brexit.
“Europa Flow has been about staying one step ahead of the game, future-proofing our own business as well as those of our customers.
“The product has been instrumental in enabling our clients to remain operational and resilient in the face of economic shocks.”
Publishing its report last week, committee chair Dame Meg Hillier said: “The PAC has repeatedly reported on Brexit preparedness and at every step there have been delays to promised deadlines.
“It’s time the government was honest about the problems rather than overpromising.”
