Whilst Parliament has been (apparently) unlawfully suspended, a no-deal Brexit is still very much on the cards and a number of updates and easements previously issued by HMRC, have now been extended for the 31st October 2019 deadline.
Cancelled, or blanked, sailings have long been used by the container shipping lines to manipulate capacity when volumes fall, but inconsistencies in announcements around China’s Golden Week have been criticised, with accusations of blank sailing gamesmanship by the 2M and Ocean alliances.
Shipping lines including Maersk, Hapag-Lloyd, HMM and OOCL have announced that they will implement fines up to $15k for dangerous goods mis-declaration, which many lines suspect are behind recent containership fires.
The British Fashion Council, who seek to strengthen British fashion in the global fashion economy, believe that a no-deal Brexit would cost the UK fashion industry between £850 and £900 million because of tariffs, and other expenses, based on 2018 export figures.
As the October Brexit deadline looms closer, the prospect of disruption to freight flows is quickly becoming a reality, which means it is critical that you prepare your supply chain for a no-deal departure.