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In Money Matters

Logistics companies cautiously wait for the Brexit experience

30th December 2020 Matthew Weller

Logistics companies cautiously wait for the Brexit experience Pin It

European transport and logistics companies do not take on any jobs to transport goods into the United Kingdom where possible. This is because of the possible problems arising at the borders as a result of the Brexit.

The German software company Transporeon, which keeps real-time data from more than 100 000 logistics providers, has seen a ‘dramatic decrease’ in the number of freight forwarders carrying cargo to the United Kingdom in recent weeks. Even though they did have contracts for that. Dutch commercial and logistic companies are also less willing to go back and forth.

The companies are concerned, among other things, that they will have to return without cargo. Furthermore, the possible long queues at Customs also worry the logistics companies.

During the Christmas and New Year period, traffic between the United Kingdom and mainland Europe is generally less than normal. Nevertheless, the fall in demand was stronger than anticipated. Between Germany and the United Kingdom, demand fell by 68 percent last week. From France, the drop is 71 percent.

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