According to Transport Intelligence, the global market for freight forwarding surpassed pre-pandemic levels in 2021, but limited capacity and record-high freight prices offer a tough call. Ti estimates the market will expand 5.7 % in 2022, falling to 3.7% by 2026. Their Global Freight Forwarding 2022 report provides an up-to-date view of the freight forwarding landscape, [...]
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HMRC received a total of 78.3 million customs declarations for international commerce in 2021. Listed below is a breakdown of the same: 58.0 million import declarations 20.3 million export declarations 34,3 million declarations for trade between the United Kingdom and the European Union 42.9 million declarations for the United Kingdom's trade with non-European Union nations 19.6 million [...]
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The United Kingdom is set to impose new tariffs on foreign steel imports to protect domestic producers from a "flood of cheap steel imports." The government will impose new "safeguard" import restrictions on several developing nations while announcing a two-year extension of tariffs on developed countries and China. Anne-Marie Trevelyan, secretary of international trade, proposed a two-year [...]
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Introduction Maintaining speed, accuracy, and compliance in today's customs and logistics market is crucial. Technology has enabled the development of digital customs clearance services, eliminating customs brokers' need for manual data entry and minimising your risk of exposure to delays, rejections, and fines. In addition, clean data allows for more accurate reporting, which is crucial [...]
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What is an ATA Carnet? An ATA Carnet is a temporary passport for products that allows the export of commercial samples, goods for trade fairs or exhibitions, and professional equipment to countries that are part of the ATA Carnet system. ATA Carnet reduces customs requirements by permitting a single document to be used for clearing [...]
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As a result of the introduction of additional port health checks in January, the EU import controls for food imports from the EU were expected to take effect from July. However, the UK government has acknowledged that these extra checks would have worsened the impact of the pandemic, January's statements, GVMS, and Russia's invasion of [...]
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Introduction The Minister for Brexit Opportunities and Government Efficiency said on the 28th of April 2022 that the new controls for EU-UK migration, which had been scheduled to go into effect on the 1st of July 2022, have been delayed until further notice. This year, the remaining import limitations on EU goods will not be [...]
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Introduction You can now begin your transition to the Customs Declaration Service. Customs Declaration Service is a modern IT platform with the scalability to expand in accordance with the government's plans to create the most efficient customs system in the world by 2025. If your company is registered for VAT, you may already be utilising [...]
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