The axing of Safmarine is more significant than losing a brand
Formed in 1946, the African specialist shipping line Safmarine, which is represented in more than 130 countries, was acquired in 1999 by Maersk. Earlier this month Maersk announced that it was closing the Safmarine brand at the end of the year, integrating it into Maersk Line. What are the market...
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Brexit Politics Round Up, 24th September 2020
The effects and uncertainty of COVID is creating a parallel issue for UK businesses, who are already trying to navigate the shifting landscape of a post-Brexit trading environment.
On Monday we learned that the coronavirus alert level should move to 4, transmission is ‘high or rising exponen...
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Sydney strike threat removed
The ongoing congestion and industrial action at Sydney port, which caused schedule disruption to many carriers and prompted Maersk to stop acceptance of all bookings for the port, has been withdrawn.
The move to withdraw industrial action at Sydney port, will bring relief to shippers and shipp...
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Government look to shift blame as Brexit queues loom
As the government insinuates that business has not prepared and warns of 7,000-truck-long queues in Kent and two-day delays for exports to the EU, BIFA director general Robert Keen accuses them of “making villains of the key workers who have been tackling the impact of the pandemic on the UK’...
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Fears that Felixstowe congestion may spread
High vessel volumes, spikes in container throughput and diminished operational capability due to COVID safe-working is creating high yard density at the port, resulting in terminal-wide congestion which means vessels are unable to complete empty loading or have diverted to other ports, not loadin...
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Postponed VAT accounting
Currently, VAT from 3rd country imports is due on arrival, or on release of the goods into free circulation. From the 1st January 2021 postponed VAT accounting (PVA) is being introduced for EU and non-EU imports of goods.
This means that all UK VAT-registered traders who import goods int...
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Emergency powers to build Brexit lorry parks
Up to a further 29 lorry parks, from Devon and Somerset to Warwickshire and Suffolk, will be built in order to cope with border trading chaos after Brexit, under emergency government powers, which will take no notice of local objections.
The move was revealed after the leak of a government doc...
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Some UK freight forwarders unprepared for Brexit
In a survey by the freight forwarders trade association, BIFA, 64% of respondents felt they would not be ready to undertake the additional Customs-related work that will be required from January 1st 2021.
Following a survey of its members, the British International Freight Association (BIFA) r...
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Air freight peak season surge
With passenger flights significantly and severely reduced on most trade lanes, scarcity of air cargo space is ongoing, spot prices are entirely unpredictable and the market, in constant flux, is preparing for a major peak season from Asia.
Data from aviation analyst Cirium shows that 3,762 wid...
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The Brexit Politics Round-up
The UK Internal Market Bill is a very provocative piece of legislation, proposed by the UK Government that, on paper at least, signifies the UK’s intent to leave the EU with no deal. The bill cleared its first hurdle in the House of Commons on Tuesday.
Here are the reasons why the UK Interna...
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Significant disruption at UK largest container port
The ongoing impact of Coronavirus on the workforce and terminal operating practices at Felixstowe has reduced productivity which, with unexpected demand spikes, has resulted in high yard density impeding operations and prompted drastic action from port management.
To clear backlogs and e...
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Metro’s supply chain excellence recognised
Publisher and Events organiser, Akabo Media, is one of the most influential voices in supply chain, freight and logistics. Its annual Supply Chain Excellence awards uniquely feature clients and service providers, to emphasise the value and innovation delivered across the sector.
Despite the ch...
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