March 2019

Funding flows into Tyne

The Port of Tyne has secured a £60m refinancing package to support its investment programme. The five-year agreement with Lloyds Bank Commercial Banking comprises a £30m revolving credit facility and a £30m term loan. Lloyds Bank has committed to lending up to £700million this year to firms across the North East, and up to £18billion across the UK. Tyne contributes £690m to the North East economy and is the second largest car ... [+]

TSP will stand you in good stead, says customs consultant

Consultant The Customs People is urging businesses importing goods from the EU to consider applying for and using transitional simplified procedures (TSP) to prepare for Brexit, regardless of the outcome of current negotiations. At this stage, registering for TSP is a simple online form that is free to complete although the ... [+]

Ports call for coastal community funds

The British Ports Association has urged the Government to target port regions and develop coastal economic clusters, following its announcement of £1.6bn in funding to help hard-pressed communities. The Ministry of Housing, Communities and Local Government has announced details of a £1.6bn Stronger Towns Fund to ‘boost growth’ in deprived regions ... [+]

FTA calls for urgent probe into Apprenticeship Levy

The Freight Transport Association (FTA) has called on the government to urgently review the Apprenticeship Levy to prevent a severe shortage of logistics workers post-Brexit. It says that with the anniversary of the Apprenticeship Levy approaching on 6 April, many businesses are still unable to utilise its funding. Since April ... [+]

Roll up, roll up to Multimodal 2019

Registration is open for Multimodal 2019 show for the logistics and transport industry. Maritime Transport, Ocean Network Express (ONE), Associated British Ports, and the Swain Group are among the exhibitors who will be hosting stands at the event which takes places at the NEC Birmingham from 18-20 June. Other organisations attending ... [+]

Xpediator’s Regional Express takes on Southampton space

Xpediator freight forwarding subsidiary Regional Express has signed a 10 year lease for a new 19,289 sq. ft warehouse three miles from the port of Southampton. Acquired in November 2017, Regional Express, is an international B2B freight forwarding and international courier company and an Amazon Global Selling Solution Provider. It operates ... [+]

Imperial empire gets more tanks

The company has also expanded its European road tanker fleet with 45 new tractor units and 55 tanker trailers allowing it to provide dedicated equipment and counteracting the impact of frequent capacity shortages in the market. [+]

Govt settles Eurotunnel lawsuit out-of-court

The government has agreed to pay £33m to Eurotunnel in in a hastily-agreed out-of-court settlement of a lawsuit over the provision of ferry services in the event of a no-deal Brexit. The Tunnel operator had complained that contracts with ferry operators to provide additional capacity to help deal with any ... [+]

More space, more flights from Lufthansa

Lufthansa Cargo will add new services and increase capacity by around 10% in its summer schedule from 31 March, following the delivery of two new Boeing 777F freighters. There will be two additional flights between Frankfurt and Tokyo Narita via Novosibirsk while Osaka will see services stepped up from two to ... [+]

Action needed to keep the trains on time, says RFG

There is a risk of severe disruption to international freight services in the event of a no-deal Brexit and a lack of agreement on basic rail connectivity through the Channel Tunnel, warns the Rail Freight Group (RFG). While it welcomes the European Commission’s proposal for contingency measures, at present the ... [+]

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