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Business

First meeting for Critical Imports Council

Logistics UK has been confirmed as a founder member of the UK government’s new Critical Imports Council, which held its first meeting at the Foreign, Commonwealth and Development Office in London on 17 April. The Council was announced by the Department for Business and Trade as part of its Critical Imports and Supply Chains Strategy on 17 January and aims to safeguard supplies of goods such as medicines, minerals and semiconductors ... [+]

Survey sees healthier outlook for global trade

New data from -commerce and fintech platform Tradeshift's Q1 Index of Global Trade Health paints an encouraging picture for global trade, with robust growth observed in China and the US, alongside indications of a rebound in global demand for manufactured goods. Total transaction volumes across the ... [+]

We’re not happy, says survey

A new report on workplace satisfaction among UK workers in 2024 shows that transport and logistics professionals are the least happy sector. The Career Happiness Index, collated by careers transformation specialist The Futures Group, also said that accounting and finance and healthcare appear to be the ... [+]

US Customs gets tough with e-commerce importers

Cross-border ecommerce shipments to the US face being rejected under changes introduced to Entry Type 86 in April, warnings tech firm Hurricane Commerce. Entry Type 86 is a customs clearance procedure for low value shipments imported by one person on one day with a value not ... [+]

Unsworth clients see Border Control issues at first hand

Unsworth recently organised an exclusive tour of Defra’s Inland Border Clearance facility at Sevington for almost 100 of the forwarder’s clients and other stakeholders. The event, which was held in association with Ashford Port Health, was designed specifically to provide first hand information about the next ... [+]

Freeport East unlocks new funding

Freeport East has opened up two new funds for applications, with a combined value of up to £800,000. The Freeport East Clean Growth Fund is dedicated to providing financial assistance to local businesses operating within the clean energy sector and Freeport East's other target sectors. The ... [+]

Tariffs pose threat to small-firm traders, says economist

Small and medium-sized companies could be increasingly pushed out of international trade by giant corporations if protectionist trade policies continue to increase, economist and author Marc Levinson told the latest episode of The Freight Buyers’ Club podcast, produced in partnership with Dimerco. He argued that the ... [+]

Wincanton takeover could be first of many, says M&A expert

Following the vote by Wincanton to approve the takeover by GXO, the US firm’s takeover of the UK firm is not surprising due to the value of the Pound against the Dollar, says merger and acquisition specialist, Tom Whelan The partner at the international law firm ... [+]

KN streamlines for the future

Kuehne+Nagel is to discontinue its regional structure in favour of a new direct reporting by country organisations in a bit to boost efficiency and profitability. The historic regional structure will be discontinued and responsibilities integrated into Kuehne+Nagel's Group functions, as appropriate. Cluster and national managers ... [+]

Dachser acquires food logistics firm and Fercam in Italy

Dachser is to acquire food logistics provider Brummer, a partner in the European Food Network for the transport of temperature-controlled food between Germany, Austria and neighbouring countries, for an undisclosed sum. The acquisition is subject to approval by the German and Austrian competition authorities. Brummer owns ... [+]