Freight Association says latest ‘Border Operating Model’ adds clarity but expresses concerns

British International Freight Association (BIFA) says latest Border Operating Model adds clarity but expresses concernsBritish International Freight Association (BIFA) says latest Border Operating Model adds clarity but expresses concerns

Following a thorough review of the 272-page Border Operating Model released by the UK government, the trade association for UK freight forwarders says that whilst it welcomes the greater clarity on certain issues, it is concerned with the introduction of the “Least Worst Case Scenario” into the documentation. Read more at UK Hauler’s website >

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Any other business: ‘E’ Commerce Business Solutions

Here is an interesting article from our partner, DHL, which we are delighted to share with you. This Any other business (AOB) article explores the latest global e-commerce trends including Europe’s newfound love for online shopping, Etsy’s bumper sales quarter, and how innovative technology is making e-commerce more accessible to disabled people. Read more >

If you have any questions in relation to your international deliveries, or just need some advice, we are here to help you. Please don’t hesitate to call us on +44 (0) 1709 610 000 or send a message.

Growing demand for E-Commerce in Africa – an opportunity for UK sellers

Growing demand for E-Commerce in Africa - an opportunity for sellers in the UKGreat opportunity is developing for business in Africa as the e-commerce market is growing, driven in part by the continent’s demand for international brands. E-commerce is vital for the US$25 trillion (€19 trillion) global retail industry. This was particularly true in the first quarter of 2020, as Covid-19 lockdowns around the world drove a rise in online shopping.

Countries with growing middle-class, urban populations such as China, India, and South Africa are seeing a rise in demand for e-commerce. Zooming in on Africa, research projected that consumer spending would reach US$2.1 trillion by 2025, the region’s “single largest business opportunity”. Millennials in particular are driving this trend and opportunity exists for international sellers to make the most of this demand.

Read more about this article from our partner, DHL >

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Can lessons learned through Covid-19 help logistics prepare for Brexit?

UK’s NHS needing to protect frontline staffBack in March 2020, the Covid-19 pandemic changed the world. In the logistics industry, supply chains were instantly disrupted by closed borders, restrictions on importing and exporting goods from certain countries, and barriers to sourcing products normally acquired from areas affected early on by Covid-19, such as China.

Even on the front line, final-mile delivery drivers had to learn how to make increasing numbers of safe, contactless deliveries.

On top of this, demands for personal protective equipment (PPE) and essential goods such as food increased exponentially, with businesses and the UK’s NHS needing to protect staff and supermarkets wanting to mitigate the effect of panic buying. Read more > from the Loadstar, a multimodal news resource for the logistics industry.

Stenn launches $500 million Covid-19 Recovery Program

Stenn launches $500 million Covid-19 Recovery ProgramFollowing the continued disruption to global supply chains due to the Covid-19 pandemic, international trade finance provider Stenn, has announced the launch of a $500 million fund to support the restart of global trade.

Stenn is a UK-based data and financial technology company providing flexible financing to companies engaged in cross-border trade.

Developed to ensure the liquidity of international trade, this $500m program is for importers in the US, EU and beyond and is designed to help their suppliers. Importers can return to pre-Covid-19 payment terms while suppliers are paid at shipment, meaning liquidity is no longer locked in inventory or transport and suppliers get their money fast.

For further information and to apply for funding visit: www.c19-trade-recovery-program.com

Looking for a ‘freight-forwarding’ service to bolster your exports?  Simply call our friendly and helpful team on: +44 (0) 1709 610 000, send a message or complete our IFS Shipment Note >