The global freight forwarding report anticipates additional expansion in 2022

According to Transport Intelligence, the global market for freight forwarding surpassed pre-pandemic levels in 2021, but limited capacity and record-high freight prices offer a tough call. Ti estimates the market will expand 5.7 % in 2022, falling to 3.7% by 2026. Their Global Freight Forwarding 2022 report provides an up-to-date view of the freight forwarding landscape, [...]

Continue reading

United Kingdom Customs Declarations Statistics for International Trade in Goods | 2021

HMRC received a total of 78.3 million customs declarations for international commerce in 2021. Listed below is a breakdown of the same: 58.0 million import declarations 20.3 million export declarations 34,3 million declarations for trade between the United Kingdom and the European Union 42.9 million declarations for the United Kingdom's trade with non-European Union nations 19.6 million [...]

Continue reading

Britain to introduce new tariffs on overseas steel to protect UK producers

The United Kingdom is set to impose new tariffs on foreign steel imports to protect domestic producers from a "flood of cheap steel imports." The government will impose new "safeguard" import restrictions on several developing nations while announcing a two-year extension of tariffs on developed countries and China. Anne-Marie Trevelyan, secretary of international trade, proposed a two-year [...]

Continue reading