Even global slowdown has not stopped UK export growth

UK Exports remain strong despite global slowdownStats from the Office of National Statistics paint an encouraging picture at the moment. Despite the slow down of the global economy, UK exports of goods and services between May 2018 and May 2019 increased by 4% to am incredible new high of £647.1 billion.

Dr Liam Fox, Secretary of State for International Trade, pointed out: “Despite the global headwinds getting stronger, [these] record-breaking statistics highlight what a real international trade policy can deliver for the UK as people from around the world continue to express their appetite for British goods and services.”

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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 >

A guide to exporting to Canada

Exporting to CanadaThis week Canadians celebrated Canada Day and in honour of the great trading relationship between British businesses and Canadian consumers we are putting a spotlight on trading conditions.

The UK is Canada’s second largest services trading partner and seventh largest source of goods imports. The stable political environment and record for strong economic growth make it a favourable environment for UK companies across all sectors. Find out more >

For more information simply call our friendly and helpful team on: +44 (0) 1709 610 000, send a message or complete our IFS Shipment Note >

Chambers of Commerce unite to support UK and European business

International Freight Solutions is a proud member of our local Chamber of Commerce: Barnsley and Rotherham Chamber of Commerce. This links us to businesses near and also far through the connection with the British Chambers of Commerce.

Chambers of Commerce unite to support UK and European businessThe British Chambers of Commerce (BCC) and the Council of British Chambers of Commerce in Europe have announced that a new agreement will see further British Chambers of Commerce become part of the BCC’s Global Business Network. This will provide some much needed support for trade between the UK and the continent during this period of uncertainty surrounding Brexit.

At the time it is most needed this move will create connections and support for both UK and European businesses making this a very strategic move. Read the full article here to find out more.

 

The new EU-Japan trade deal removes trade barriers

Find out more by reading UPS's factsheet >In July 2018 the EU and Japan signed an Economic Partnership Agreement in order to remove trade barriers. From 1st February 2019 the EPA came into force and is projected to eliminate €1 billion worth of tariffs paid annually by companies exporting goods to Japan, with an increase in GDP of €33 billion by 2035.

The EU – Japan EPA will be the world’s largest open economic area, said to make up 40% of global trade value, sending a powerful signal that two of the world’s largest economies explicitly reject trade protectionism.

International Freight Solutions Ltd are proud to be partnering with UPS.
Find out more by reading UPS’s factsheet > The EU-Japan EPA pdf format

Port of Cork is ‘Highly Commended’

Port of Cork is ‘Highly Commended'

The Port of Cork and its partners were ‘highly commended’ at Tuesday’s Seatrade Awards in the ‘Deal of the Year’ category in recognition of its work in securing significant funding for the development of the new Cork Container Terminal (CCT) in Ringaskiddy, which will open in 2020.

The funding for the €80m project was secured from a combination of sources including the Allied Irish Banks p.l.c (AIB), the European Investment Bank (EIB), and the Ireland Strategic Investment Fund (ISIF), as well as EU Connecting Europe Facility funds, and self-finance. €1m of the total capital secured is allocated to a community gain fund for the Ringaskiddy area. Find out more info >

Ocean Freight services are ideal for shipments that are less time-sensitive. Find out more about: International Freight Solutions Ocean Freight Service >

Global exporting checklist

With e-commerce sales showing no sign of slowing down, now is the time to start accepting orders from all over the globe. While it’s easy to configure your website to start delivering internationally, a robust global strategy is required for the longer term. It’s important to consider key questions such as your business’ priorities and the cost and speed of delivery.

Many UK regions are working to provide further opportunities for businesses to engage in international trade, it’s becoming simpler for small and medium-sized businesses to go global so be sure to reach out for support. Read more >