Business

We could leave UK if no Brexit deal, warns Airbus

There are “urgent risks” to Airbus’ operations if the UK leaves the European Union without a withdrawal agreement, warned the plane-maker in a statement published on 21 June. Airbus, which makes aircraft wings at Broughton on the Wales-England border near Chester, warned that the UK leaving both the single market and customs union immediately next year and without any agreed transition “would lead to severe disruption and interruption of its UK ... [+]

Give us the tools and we’ll do the job, says FTA chief

Freight Transport Association (FTA) president Leigh Pomlett called on the government to give the logistics industry the information it needs to keep the nation's trade moving efficiently post-Brexit or face delays and shortages of roducts and services. Speaking at the Keep Britain Trading conference in London ... [+]

Invoice scanning speeds Europa shipments

Europa has added a supplier invoice scanning function to its Leonardo in-house IT system. It avoids have to distributed and physically approve paper invoices. IT director Richard Litchfield (pictured) said that with an average of about 10,000 invoices, switching to LeoScanning saved over 500-man hours ... [+]

DFDS completes Turkey buy

DFDS has formally completed its acquisition of Turkish shipping company UN Ro-Ro, says chief executive and president, Niels Smedegaard. UN Ro-Ro operates five freight ferry routes connecting Turkey with Trieste in Italy and Toulon in France, with 12 freight ferries and its own port terminals ... [+]

Government agrees time-limited EU customs plan – updated

The Government has approved its so-called ‘backstop’ plan for trade with the EU after Brexit including an end date of 2021 – the latter apparently at the insistence of Brexit Secretary David Davis,. Under the plan, the UK would continue to align its tariffs on goods ... [+]

Kerry augments its projects expertise

Kerry Logistics has acquired a majority stake in Milan-based logistics company Saga Italia. As well as adding Saga’s specialised know-how in project logistics, heavy lift services and material management the acquisition also adds three new countries to Kerry Logistics' network - Congo, Uganda, and Egypt, as ... [+]

Container transport: the next 25 years

Freight transport insurer TT Club has published a report summarising the thoughts of industry leaders on what the future holds for the container industry over the next 25 years to mark its 50th anniversary. Published in conjunction with global management consulting firm McKinsey, ‘Brave new world? ... [+]

Tunnel takes a quarter of UK-EU trade, says study

Eurotunnel and EY and Eurotunnel have published a new study which reveals that the Channel Tunnel facilitates UK-EU trade worth almost €140 billion each year –  more than a of all business between the UK and the EU. The Economic Footprint of the Channel Tunnel in the ... [+]

Frictionless trade hopes are fading fast, says FTA

With three weeks to go until crunch talks in Brussels, the Freight Transport Association (FTA) says that its confidence in Government's ability to deliver a ‘frictionless' Brexit is fast collapsing. Deputy chief executive James Hookham said that the lack of progress on the industry's key ... [+]

M&M sets up in Sri Lanka

Swiss-based forwarder Militzer & Münch has set up its own organization in Sri Lanka. A new location near the Port of Colombo will consolidate shipments and handlie sea freight to the Indian Ocean and Asian regions and plans are to expand service portfolio to Europe ... [+]