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Use it or lose it, HMRC warns importers

HMRC is warning that 3,500 businesses risk losing the ability to import goods if they fail to switch to the Customs Declaration Service for import declarations from 1 October. It says that while many businesses are already using CDS, around 3,500 businesses are yet to move from the former CHIEF system. As it can take several weeks to be fully set-up on the Customs Declaration Service so those waiting to register ... [+]

Port groups sign MoU to develop gulf, Asia and Africa trade

Abu Dhabi-based AD Ports Group has signed a Memorandum of Understanding (MoU) with Hutchison Ports, the Hong Kong-based owner of the port of Felixstowe. The partners will identify joint investment and business opportunities in feedering, logistics, and port activities across the Gulf, Africa, and Asia. ... [+]

‘Tensions’ boost Geodis revenue

French owned forwarding and logistics group Geodisachieved revenues of €6.748 billion in the first half of 2022, an increase of 34% compared with the previous year. It said that growth was driven by all activities and in particular by freight forwarding. The sustained increase was ... [+]

Brussels takes action over Northern Ireland Protocol

The European Commission launched four new infringement procedures against the UK for not complying with significant parts of the Northern Ireland Protocol on 22 July but said it had refrained from launching others for over a year in order to look for joint solutions with ... [+]

DFDS acquires Ireland’s Lucey Transport Logistics

DFDS has entered into an agreement to acquire 100% of the capital of Dublin-based Lucey Transport Logistics. DFDS will operate Lucey’s distribution centre in Dublin and regional depots across Ireland. It will also will take over Lucey Transport Logistics’s trucking operations and its  400 trailers. The transaction ... [+]

UPS revenue up 5.7%

UPS has announced second-quarter 2022 consolidated revenues of $24.8 billion, a 5.7% increase over the second quarter of 2021. Consolidated operating profit was $3.5 billion, up 8.5% compared to the second quarter of 2021, and up 9.3% on an adjusted basis. [+]

DSV doubles forwarding earnings

DSV says its Air & Sea forwarding division achieved a 105% increase in EBIT earnings in the first half of 2022 amid strong half-year results in all divisions and regions. Gross profit grew 61% in the first half of 2022 compared to the first half ... [+]

Women in Aviation and Logistics to be non-profit

The Women in Aviation and Logistics (WAL) group has been established as a not-for-profit Association and is now open for formal membership for both corporations and individuals. WAL was launched on International Women’s Day 2021 as a movement for change aimed at mobilising the industry to ... [+]

Switching to CDS made easy with new BIFA checklists

The British International Freight Association (BIFA) has prepared two documents that its members can send to their customers in order to collect the information that is required from them and which highlights the additional complexity of completing a CDS declaration compared with the old Chief ... [+]

Tower Cold Chain wins more investment funds

Pharmaceutical temperature-controlled specialist Tower Cold Chain has secured a £6.75million from Investec bank, following an initial injection of £6million into the business two years ago. As well as manufacturing more stock and expanding into new hubs to fuel rising demand, Tower will also invest in digitalisation ... [+]

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