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Weekly UK-EU freight volumes down 38%, truck data indicates - Vimarsana News

Weekly UK-EU freight volumes down 38%, truck data indicates

Message : Required fields LONDON (Reuters) - Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows. Stockpiling, problems adapting to the post-Brexit customs border and the COVID hit to the economy have all reduced the flow of goods moving between Britain and the EU although it is starting to stabilise. The data comes from Sixfold and Transporeon, Europe's largest supply chain & logistics technology platform that connects suppliers, retailers, ship...

UPDATE 1-Weekly UK-EU freight volumes down 38%, truck data indicates - Vimarsana News

UPDATE 1-Weekly UK-EU freight volumes down 38%, truck data indicates

UPDATE 1-Weekly UK-EU freight volumes down 38%, truck data indicates Reuters 1/26/2021 LONDON, Jan 26 (Reuters) - Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows. Stockpiling, problems adapting to the post-Brexit customs border and the COVID hit to the economy have all reduced the flow of goods moving between Britain and the EU although it is starting to stabilise. The data comes from Sixfold and Transporeon, Europe's largest supply chain & logistic...

Source: msn.com
Freight Firms Cashing In on Brexit Bake In Higher Shipping Rates - Vimarsana News

Freight Firms Cashing In on Brexit Bake In Higher Shipping Rates

(Bloomberg) -- Freight rates to ship goods across the English Channel have surged after Brexit, and some of that increase is expected to remain permanent. The cost of moving full truckloads from France to the U.K. last week was 39% above the third-quarter average, according to high-frequency data from the global logistics platform Transporeon. The figures were boosted by the resurgence in demand for transportation last week, to 78% of the...

Source: msn.com