Business

Air Partner continues the good work

Charter firm Air Partner says its freight gross profit was up 36.4% for the six months ended 31 July 2018, following on from a record 2017. As well as business from the oil and gas and charity sector, demand from automotive and aerospace remains strong, both for charter and on board courier. During 2018 Air Partner appointed a a new freight charter sales broker and sales manager, moved its Cologne ... [+]

HMRC faces ‘daunting task’ says Commons committee

HM Revenue & Customs (HMRC) faces a daunting task in preparing for the UK’s exit from the European Union, which could also hamper its ability to tackle tax fraud, said the House of Commons Public Accounts committee in a report published on 2 November. It said ... [+]

CDS programme ‘months behind schedule’

The programme for the new Customs Declaration System (CDS) is running seriously behind time, warn industry software experts. CDS was due to replace HM Revenue & Customs ageing 'CHIEF' system early next year, but testing facilities that should have been made available at the end of ... [+]

HMRC ‘to halve trusted trader time’

The government promised that HMRC would take steps to halve the time it takes companies to become Trusted Customs Traders from 120 to 60 days, as part of the Budget unveiled on 31 October. It also promised an additional £2 billion in UK Export Finance ... [+]

We have ourselves a Brexit convoy

A group of Chinese business leaders is en route from China to London to promote post-Brexit trade and cultural relations with the UK and European neighbours in November. The group of 40 TV executives took a fleet of 14 vehicles along the 13,000 mile ancient ‘Silk ... [+]

Budget short on Brexit detail, says BIFA

BIFA said that whilst it welcomes some of the announcements in the Budget on 29 October, it was all overshadowed by the ongoing uncertainty over the UK’s exit from the EU. Director general Robert Keen commented: “Whilst the investment in road infrastructure might make a difference ... [+]

Government invests to get trade Brexit-ready

HM Treasury and HMRC have designed a package of measures, to help  companies prepare for Brexit in March 2019. It will include a one-off investment of £8 million to support broker training and increased automation. Financial Secretary to the Treasury, Mel Stride, said: “HM Treasury and HMRC ... [+]

CMA and Ceva outline new partnership

CEVA Logistics and CMA CGM say they will broaden their strategic partnership and sign a new relationship agreement. It follows the shipping line’s decision to take a stake of up to a third in the logistics company and the rejection of a rival offer from ... [+]

Rotterdam and partners set up Blockchain pilot

ABN AMRO bank, tech firm Samsung SDS and the Port of Rotterdam Authority are launching a container logistics blockchain pilot. The ultimate goal is for a complete, paperless integration of physical, administrative and financial streams within international distribution chains. The pilot involves the multi-modal transport of ... [+]

Wisetech to acquire UK’s Datafreight

Global logistics software group, WiseTech Global, has acquired UK  logistics management software provider, LSI Sigma Software, better known as DataFreight. Headquartered near Southampton, DataFreight provides services including HMRC customs software, specialist consultancy for UK customs compliance and freight forwarding solutions along with warehousing management for bonded ... [+]