New regulations that bring smaller light commercial vehicles travelling to the EU under the requirement to have an International Operator’s Licence will place key demands on fleets in the future, says FleetCheck. The fleet software company reports that, from 2 May, all organisations running LCVs of between 2.5-3.5 tonnes will need to obtain the accreditation as part of the UK-EU Trade and … [Read more...]
Motor industry lies at heart of world trade
The Society of Motor Manufacturers and Traders has called on government to put the automotive sector at the heart of future trade negotiations, after a new report confirms vehicles are the UK’s single most valuable goods trade export. Vehicle export revenues reached £27 billion in 2020, making them more valuable to the UK than power-generating machinery and gold, even during a year when … [Read more...]
Logistics want import rules straightened-up
Business group Logistics UK has urged the government to prioritise work towards a sustainable solution to post Brexit import formalities to provide certainty for business. The call comes following the announcement that the introduction of health certification of imported products of animal origin (which include many food and drink items) has been pushed back from 1 October 2021 to … [Read more...]
UK Border plan is helpful, now get deal done say FTA
Logistics as an industry is highly flexible and can quickly adapt to circumstances, as we have seen throughout the COVID-19 crisis. Nevertheless it is good to have confirmation of how goods are expected to move between the UK and EU from the start of next year. "We are advising our members to do all they can to get Brexit ready, for example adapting their systems to produce the right border … [Read more...]
UK Global Tariff outlines trade after Brexit
Britain has outlined how it plans to trade with the world after it leaves the European Union at the end of 2020. It will replace the European Union’s external tariff with a 10% duty on cars but cut tens of billions of pounds of supply chain charges. This will pave the way for trade deals with the United States and the Brussels-based bloc, helping JLR in particular compete with Audis and … [Read more...]
Brexit’s been good for some in automotive sector
The UK transport industry has seen earnings on its investments in the EU rocket by more than 400% since the Brexit vote, the latest Office of National Statistics has revealed. UK transport trade earnings from investments in the EU rose from £177 million in 2015 to £1billion three years later – up 476% compared with before the vote. Firms involved in transportation had £3.6 billion invested in … [Read more...]
Brexit boost to UK supply chain, academic claims
Traditional supply chains will be destroyed because of stricter border controls and as a result of a no-deal Brexit, businesses in the UK will be forced to buy more local products, according to an expert from the University of Cologne. Professor Andreas Fügener, expert in Supply Chain Management, warns that consumers are largely unaware of the impact that leaving the European Single Market … [Read more...]
East & West are best together, says expert
European and Chinese car makers need to work more closely together, says Erik Jonnaert, ACEA Secretary General. They account for half of all passenger cars sold and built around the world and the regions are emerging as the major global regulatory powers, setting ambitious standards and targets for tomorrow’s vehicles. Last year, the Chinese car market contracted by 3.5%, marking the first … [Read more...]
European car prices face rise but Japanese go down
Some european cars will rise in price under the Government’s proposed post-Brexit tariffs structures. The new tariff regime would mark a shift in favour of products from non-EU countries. Even so, they mean 82% of imports from the EU would be tariff-free, down from 100% now, while 92% percent from the rest of the world would pay no border duty, up from 56%. Under the plan, the UK car … [Read more...]
Lots to sort in BREXIT talks, says FTA
The announcement of a Brexit transitional period ending in December 2020 will be a welcome relief for manufacturing and retail businesses exporting and importing from the EU, according to the Freight Transport Association. However, FTA has warned that there is still much to agree on the detail of the UK's departure from the European Union, and the EU's "nothing is agreed until all is agreed" … [Read more...]