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EU customs reforms ‘could have unforeseen consequences’

CLECAT (European Association for Forwarding, Transport, Logistics and Customs Services) and the European Shippers Council have warned Members of the European Parliament that the EU Customs Reform proposal could have unforeseen consequences. While supporting the overall objectives of the plan, they say that the programme is “incredibly ambitious”, and that MEPs should not become subject of wishful thinking as the benefits of a central EU Data Hub may not materialise, especially ... [+]

DSV reports ‘solid’ performance

Danish-owned forwarding and logistics company DSV says it delivered solid results for 2023 in its latest annual report. Gross profit decreased by 13.4%, while EBIT earnings before special items were down by 27.4% compared to 2022. It said these results were in line with expectations ... [+]

UPS earnings down 7.8%

UPS says its consolidated revenues were $24.9bn, a 7.8% decrease from the fourth quarter of 2022, according to its international earnings for Q4 2023, published on 30 January. Consolidated operating profit was $2.5bn, down 22.5% compared to the fourth quarter of 2022, and down 27.1% on ... [+]

Tanzania students hear it from the horse’s mouth

Former transport company owner Matthew Kibble has delivered a series of three talks on behalf of international development organisation, Transaid, at the National Institute of Transport in Dar es Salaam. Kibble’s talks focused on building his company, cost control, and buying and selling businesses – providing ... [+]

Logistics UK calls for clarity on fruit and veg ‘confusion’

Logistics UK is calling on the government to clear up the confusion after it indicated that fresh fruit and vegetables are to be reclassified as “medium risk” goods for border inspections.   Speaking ahead of the introduction of the first stage of the Border Target Operating ... [+]

Vote Logistics says trade group 

The next government must appoint a Minister for Logistics and Supply Chain to drive future growth across the whole economy, said an industry business group in an ‘Election Manifesto’ published on 17 January. Logistics UK says that focusing on investment and growth in the industry would ... [+]

Suzi Perry reveals winners of BIFA Freight Service awards

Suzi Perry hosted a crowd of over 550 at the British International Freight Association’s 2023 Freight Service Awards in London on 18 January.From a starting grid of dozens of finalists, the Queen of the Pit Lane revealed nine winning companies and two winning individuals in ... [+]

Wincanton set to join French empire – updated

CEVA Logistics, a subsidiary of CMA CGM, has reached agreement to take over one of the oldest-established companies in UK and Irish logistics, Wincanton. Wincanton, headquartered in the west of England and named after the Somerset village where it was first based almost 100 years ago, ... [+]

UK launches critical supply chain strategy

The Department for Business and Trade launched a Critical Imports and Supply Chains Strategy on 17 January. It aims to safeguard supplies of goods such as medicines, minerals and semiconductors in the wake of the recent shipping disruptions. It cited the recent attacks in the Red ... [+]

Government publishes Freeports roadmap

The Department for Levelling Up published a delivery roadmap for Freeports on 19 December. It aims to create investable sites – bringing sites and enabling infrastructure forward, to promote Freeports and create clusters of economic growth, capitalising on early investment to attract a wider supply chain. While ... [+]

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