Brexit and Higher Tolls Affecting European Truck Transports, Says Timocom

Fears that the UK will leave the EU without a deal have caused an explosion in the number of goods ordered for delivery to the British Isles. Compared to the the previous year, truck transports from all parts of Europe towards Great Britain have more than doubled in the first quarter of 2019, with growth of 112%. That’s according to the current numbers on the TIMOCOM transport barometer, which the IT company uses every quarter to document the development of transport offers and requests on Europe’s largest freight and vehicle application.

“Companies in the UK that depend on imports from the European mainland are increasing their stock, in order to be prepared in the event of a hard Brexit,” says TIMOCOM Business Analyst David Moog. According to the data analyst, a no-deal Brexit could mean that vehicles wanting to enter the UK will face extremely long waiting times. “In turn, this could cause supply bottle-necks. Customs fees on the goods are another uncertain factor,” says Moog, noting that the biggest growth in exports to the UK has been from Germany, France and Poland.

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By |2019-05-01T05:46:27+00:00May 1st, 2019|Uncategorized|0 Comments

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