While most shippers have probably incurred the expense of demurrage and detention, the charges are not well understood.
Despite recent progress a survey of 1,118 supply chain managers by the Chartered Institute of Procurement & Supply (CIPS) has uncovered some startling Brexit decisions by UK and European businesses.
As part of a strategy to stimulate consumer spending China have announced that from 1st December 2017 they will cut import tariffs on 187 consumer categories including food, drugs and apparel. A move that may boost the prospects of brands seeking to penetrate the Chinese market.
568 companies are set for preferred HMRC treatment after BREXIT, while civil servants predict that HMRC’s new processing system launch will result in ‘chaos’
Commentators at last week’s London International Shipping Week are adamant that Asia-Europe rail services will not undermine the dominance of container shipping.
It is looking increasingly likely that the liner industry consolidation that started the year before the Hanjin Shipping collapse will end up reducing the number of major carriers to no more than a handful.