🚛🚢 The rise in post-Brexit cross-Channel freight rates is expected to stick - was up 39% on Q3 last week
@RHADuncanB says it'll "never fall completely because there’s a permanent added cost of the significant extra bureaucracy"
@business story 👇
bloomberg.com/news/articles/…
@RHADuncanB says it'll "never fall completely because there’s a permanent added cost of the significant extra bureaucracy"
@business story 👇
bloomberg.com/news/articles/…
Remember the quiet at Dover over New Year & @michaelgove warning "significant disruption" to come? 🤫
Transport demand's finally recovering - back at 78% of Q3 average, @TRANSPOREON_TPG data show
As stockpiles dwindle, freight firms are cashing in 💰
bloomberg.com/news/articles/…
Transport demand's finally recovering - back at 78% of Q3 average, @TRANSPOREON_TPG data show
As stockpiles dwindle, freight firms are cashing in 💰
bloomberg.com/news/articles/…
BUT freight firms are still shunning *long-term* UK-EU contracts - the rejection rate's 2x Q3 average 🚛
It started climbing in the run-up to end of the Brexit transition period and surged during Dover chaos after France's 48-hour blockade
bloomberg.com/news/articles/…
It started climbing in the run-up to end of the Brexit transition period and surged during Dover chaos after France's 48-hour blockade
bloomberg.com/news/articles/…
Transporeon's @StephanSieber says while a freight rate rise is normal in Jan, these numbers aren't
Partly it's because "customs feel not everybody's well-prepared" & France is expected to ramp up checks
So added cost could be here for the long haul 🚛
bloomberg.com/news/articles/…
Partly it's because "customs feel not everybody's well-prepared" & France is expected to ramp up checks
So added cost could be here for the long haul 🚛
bloomberg.com/news/articles/…
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