Business
Ynys Mon (Anglesey) Freeport went live on 22 January, joining the Celtic Freeport of Port Talbot and Milford Haven, which went live in November.
The freeports offer special zones for business with tax and customs benefits, and funding for key infrastructure and skills projects and aim to promote regeneration and creation of high-quality jobs. They also aim to become a national hub for global trade and investment across the economy, and ...
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DP World is offering traders cross-border payment solutions based on ‘Stablecoins’, a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price. They provide an alternative to highly volatile popular cryptocurrencies. The Dubai-based ...
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Trading conditions in the UK may be tough at the moment with rising insolvencies but there has also been an upsurge in new small and medium-sized exporters and traders, DHL said in an Outlook Call on 24 January.
DHL Express Europe chief executive Mike Parra told ...
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Logistics UK urged the government to prioritise workable solutions for frictionless trade in its response to the Department of Business and Trade (DBT)’s call for input into the forthcoming Trade Strategy. It said that immediate changes should be made to border processes to ease the ...
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Project forwarder Deugro has increased its shareholding in Norway-based K2 with a joint investment with Peak CSL Group. K2 was founded in 2021 as an independent project freight forwarder to serve clients in its home country with project freight forwarding and supply chain services in ...
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German forwarding and logistics company Dachser has acquired all the shares in its Finnish joint venture, Dachser Finland. Dachser founded the joint venture in Finland at the end of 2013 together with the ACE Logistics Group with both partners previously holding 50% of the shares. ...
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Freightliner owner Genesee and Wyoming is reported to be considering selling off the UK intermodal arm. According to press reports chief executive Tim Shoveller said in a memo to the company staff that there was "interest" in the business. Sale of the intermodal company would ...
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A record-breaking audience of over 550 attendees learned the winners of the British International Freight Association’s (BIFA) 2024 Freight Service Awards in London on 16 January. At the event, awards host and rowing Olympian James Cracknell announced nine winning companies and two outstanding individuals across ...
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With the re-election of President Donald Trump to the White House in January, the world is closely watching his stated intention to impose tariffs on US international partners, says Adam Grimshaw, compliance manager at Customs Support Group.
This is no longer election sabre-rattling, and it isn’t ...
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FTA Ireland (FTAI) has welcomed the news that Holyhead port is to reopen on 16 January, albeit with a reduced schedule. However, chief executive Aidan Flynn is concerned that damage to a single berth at the port could cause such disruption to the country’s supply ...
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