With 550,000 additional declarations every day from the 1st January 2021 and 145,000 businesses submitting declarations for the first time, the potential to crash border systems is very real. Taking action now can protect your supply chain.
While air freight rates from China have softened in the last week, we are seeing much bigger price drops across the Atlantic, with savings of up to 40% to and from some US cities offering a significant US/UK air freight opportunity.
Despite the government estimating that 50,000 new customs agents will be needed after Brexit, Robert Keen, director-general of the British International Freight Association (BIFA), the main provider of customs training in the UK, said the country was falling “many thousands short” of the target.
The Government has released the UK’s new most-favoured nation (MFN) tariff regime, the UK Global Tariff (UKGT). This will replace the EU’s Common External Tariff on 1 January 2021 at the end of the Transition Period.
Demand for PPE, face masks and medical equipment will drive air freight demand from China persist into the 3rd quarter and is contributing to airport congestion, exacerbated by limited capacity and strict new export controls.
In spite of the unprecedented numbers of cancelled and blanked sailings from Asia, the impact for our customers has been minimised, as our sea freight teams in the UK and China have leveraged volume contracts and shipping line relationships to get cargo lifted.
When journalists learnt that aircraft were flying out of China empty of much-needed PPE over the country’s Labour Day holiday, they contacted NGL Asia’s managing director, Stefan Holmqvist for expert insights.
As the global shipping lines struggle to deal with the largest ever drop in demand for sea freight, shoring up freight rates through capacity discipline, HMM has taken delivery of the world’s biggest containerships.
Founded in 1903 The South China Morning Post is the Hong Kong newspaper of record, with a readership in excess of 300k. Once again, seeking insights on global freight issues, they have turned to NGL for guidance.
Despite the continuing worldwide pandemic, lockdown, blanked voyages and grounded aircraft, Norman Global Logistics is uplifting and transporting medical, PPE and non-essentials cargo global by all modes.