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Business

Early doors for HMRC inland sites

HM Revenue and Customs is to close two temporary Inland Border Facilities (IBFs) set up in the wake of Brexit earlier than planned, in November 2022. The two remaining interim IBF sites Warrington and Ebbsfleet, will close on 13 November and 27 November respectively, following the closure of Birmingham and North Weald IBFs earlier this year.   IBFs were created to allow HMRC to carry out documentation checks and physical inspections away from ... [+]

MSPs lends support to Forth Green Freeport bid

Members of the Scottish Parliament (MSPs) have backed the Forth Green Freeport bid saying it has the potential to generate up to 50,000 new green jobs and act as a catalyst for new clean technologies and renewable energy manufacturing The bid proposal which was submitted in ... [+]

Hapag-Lloyd to buy Latam terminals business

Hapag-Lloyd is to acquire 100 % of the shares of Chile-based terminal operator SM SAAM Ports and SM SAAM Logistic, for around US$1 billion, subject to regulatory approval. SM SAAM operates 10 terminals in six North, Central and South American countries with around 4,000 employees ... [+]

Get ready for new Dutch customs system, urges C4T

Customs solution provider C4T is advising traders with the Netherlands that the country is switching from the AGS system to the highly automated Douane-aangiften Management System (DMS) system. It will be among the first EU member states to introduce a real-time declaration process in place ... [+]

Europa profits up

Europa Worldwide Group says its profits were up from £3.6m in 2020 to £10m from £3.6m in 2020 to £10m in the 2021 financial year ending 31 December. Turnover was £276m. Air and sea forwarding grew by 14.9% and 6.6% respectively. [+]

Agility to operate Suez customs zone

The Suez Canal Economic Zone today has signed a contract with supply chain services company Agility to develop and operate a customs and logistics centre. Agility will work with SCZone to automate customs processes and operations in the Zone, linking customs departments and government agencies ... [+]

Another year for Northern Ireland Trader Support Service

HM Revenue & Customs is to extend the Trader Support Service (TSS) for companies moving goods between Great Britain and Northern Ireland until December 2023. More than 47,000 businesses have registered with the free digital platform since its launch in 2020 to navigate changes to the ... [+]

AV Dawson sets up Transport arm

AV Dawson, owner and operator of the Port of Middlesbrough, has created a new AV Dawson Transport company, which will incorporate all its road haulage services as part of a wider company restructure. AV Dawson Transport is the third company to join the group structure ... [+]

The plummeting pound: look on the bright side, says ParcelHero

As the pound freefalls to near parity with the US dollar, the silver lining is that British-made goods are now cheaper in the US, says head of consumer research at ParcelHero. Following Chancellor Kwarteng's mini-budget, the pound tumbled to its lowest value against the dollar ... [+]

World’s biggest airfreight handler sold to SATS

SATS is to acquire Worldwide Flight Services, the world's largest air cargo handler from existing owner, Cerberus Capital Management for €2.25 billion.The companies said the combination would create a global air cargo platform with stations across Asia, the Americas, and Europe. Customers will benefit from ... [+]

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