Forwarding, Freight News

Rhenus urges firms to be export-ready

[ October 7, 2016   //   ]

Managing director of Manchester forwarder Rhenus Logistics, David Williams, is urging uk manufacturers to take advantage of the weak Pound to export more.

A new survey by the Markit/CIPS purchasing managers’ index (PMI) shows that the weakening curency has boosted exports as UK goods become cheaper for overseas buyers.

He said: “If firms can switch their priority from domestic sales to exporting, they could benefit. We are calling on UK manufacturers to be as flexible as possible if they want to benefit from the current economic environment and boost their profit margins.”

The latest PMI survey shows that export orders are rising at their fastest rate in two years.