News

Transitional Simplified Procedures



February 27, 2019 /

HM Revenue and Customs (HMRC) has written to 145,000 VAT-registered businesses trading with the EU about simplified importing procedures and also updated them on the actions that they need to take to prepare. Transitional Simplified Procedures (TSP) for customs will make importing easier for an initial period of one year, should we leave the EU…


Air Freight Demand Ends Year Up 3.5%



February 13, 2019 /

The International Air Transport Association (IATA) released full-year 2018 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 3.5% compared to 2017. This was significantly lower than the extraordinary 9.7% growth recorded in 2017.  Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 5.4% in…