New: more than half of firms moving goods between EU and UK have faced delays since Jan 1, due to Brexit and Covid impact 1/ bloomberg.com/news/articles/… w/ @lizzzburden
The data comes from a survey of 185 supply chain managers by the Chartered Institute of Procurement and Supply. CIPS economist John Glen said: `As the transportation of goods grows, so will the queues.' 2/
Other interesting data points from today -- Emma Churchill, who's leading the civil service effort on the border, said freight levels are currently at about 70% of the norm across the short straits 3/
And on average, 5% of vehicles -- or about 100 to 200 daily -- are being turned around due to lack of Brexit paperwork or a negative Covid test, Churchill said 4/
Why the delays? Transit has been a big problem, as we discussed here. Still no sign of a government easement on that...
Exclusive: a key customs system has been overwhelmed by Brexit, delaying exports and deepening trouble at the border 1/ bloomberg.com/news/articles/…
Welcome to the world of transit, a core system that helps companies move goods into the EU post-Brexit. But the process is already breaking down. Here's what's going wrong... 2/
A shortage of transit guarantees. To issue transit documents -- which allow goods to cross the EU border and not be stopped at customs -- you need a transit guarantee, often backed by a bank, which covers any customs duties or taxes that might need to be paid...3/
It's been another torrid week at the border - inundated customs agents, goods stuck for days, companies buckling under the paperwork 1/ bloomberg.com/news/articles/… w/ @lizzzburden
Take Branimir Vuckovic, 45, who runs goods between the U.K. and EU. He spent this week stuck in Kent because he couldn't find a customs broker to do his Brexit paperwork. Even with traffic levels below normal, the system is being overwhelmed 2/
The government has admitted this problem itself. On a Q&A with businesses on Thursday, Heather Jones from the Border Delivery Group said: `We are starting to realize that customs agents’ capacity and capability is being extremely stretched' 3/ 🚨
Trucks are facing days-long delays to move goods between the U.K. and EU, as the Brexit red tape reality bites 1/ bloomberg.com/news/articles/…
The early damage of Brexit is happening beyond ports -- it's starting behind the border, at factory gates and collection depots. I spoke to 7 haulage firms and each painted a grim picture of how it's going 2/
Alcaline UK, which has a fleet of 145 vehicles and which moves goods to the EU, said it's had trucks stuck in Italy since Monday because the customer still hadn't provided correct transit documents 3/
Scottish fishermen are being told to catch less fish, due to delays created by Brexit red tape 1/ bloomberg.com/news/articles/…
Fish exports to the EU are facing ~4 hour delays because there aren't enough vets to issue health documents, says Jimmy Buchan at the Scottish Seafood Association 2/
“We’re now advising the catching sector to ease up,” Buchan said. ``We can't guarantee we'll get it into the marketplace.'' 3/
Speaking to ~250 people via Zoom, and flanked by Rishi Sunak, Liz Truss and Alok Sharma, Johnson was enthusiastic about cutting red tape (of course, Brexit itself creates spades of red tape, but here we are) 2/
Sunak said there are reasons to be optimistic on the economy - consumers have been saving, unemployment not spiked too badly, summer bounce-back shows economy can recover quickly, Brexit uncertainty gone 3/
It's currently quiet at Britain's Brexit border -- traffic is light due to the New Year's holidays, stockpiling at end of 2020 and depressed demand after France's temporary border closure 1/ bloomberg.com/news/articles/… w/ @lizzzburden
But the logistics industry thinks the real challenge will be in the weeks ahead, as freight levels return to normal. `It's probably the calm before the storm,' said @richard_bpa of the British Ports Association on @BloombergRadio 2/
The Port of Dover says it had an average of 1,000 trucks crossing each day between Dec. 31 and Jan 4. The 2019 daily average was about 6,500, so that's an 85% reduction on normal levels 3/