Fifteen-hour Brexit wait prompts freight firms to avoid U.K.
Feb 6, 2021 Truckers are trying to avoid the U.K. as Brexit red tape keeps them waiting to get to the continent. New weekly data highlights the additional costs companies face when trading between Britain and the European Union after U.K. left the single market on Dec. 31. While the two sides agreed not to impose tariffs on goods, so-called non-tariff barriers are nevertheless creating obstacles for business. Freight firms are shunning the U.K., keeping rejection rates on contracts well above the third-quarter average last week, according to high-frequency data from Transporeon, the ...