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5 key impacts of Brexit on logistics in the UK and Europe
Following the departure of the UK from the European Union and the signing of a trade deal between the two parties, many industries have had to adapt to a new regulatory and commercial landscape. Brexit has had a particularly significant impact on the logistics sector in both the UK and the EU, generating a variety of new requirements, administrative burdens and talent needs.
Michael Page recently hosted an on-demand webinar to investigate how the logistics sector in the UK and European Union has been impacted by Brexit. Led by Ben Lyons, Operating Director of Michael Page Logistics, it brought together a panel of distinguished speakers from the UK and EU, spurring lively debate, and touching on key issues that all logistics professionals should know about. Here are five key things we learned from the session:
The cost of transporting goods to Britain from Northern Ireland is set to rise as a result of the new post-Brexit regulatory border between the two parts of the United Kingdom, haulage firms said today, with one planning to hike prices by 12%.
By Reuters Staff
Slideshow ( 3 images )
DUBLIN (Reuters) - The cost of transporting goods to Britain from Northern Ireland is set to rise as a result of the new post-Brexit regulatory border between the two parts of the United Kingdom, haulage firms said on Tuesday, with one planning to hike prices by 12%.
While Britain left the EU’s single market and customs union on Dec. 31, Northern Ireland has remained in both UK customs territory and the EU’s single market for goods, introducing checks and paperwork on goods moving from the rest of the UK.
As a result some British suppliers have reduced trade into the region, four hauliers told a Northern Irish parliamentary committee, meaning lorries are bringing empty trailers back from Britain without a return load to cover the cost of the journey.