Last Friday’s closure of Heathrow Airport disrupted the supply of over £5.43m of goods, says the international delivery expert Parcelhero. The cost could ultimately run to millions. Many delayed products, such as pharmaceuticals and fresh foods, have a limited shelf life. The full impact of the closure of Heathrow Airport on the UK supply chain […]
Shock new figures from the government’s Office for National Statistics (ONS) reveal that transport & storage sector firms’ staffing costs ballooned by 35.7% in the last three months. That’s considerably more than any other industry sector. In contrast, manufacturing companies’ staffing costs rose by 24% and retailers by 20.4% during this period. Rising employment costs for […]
President Trump has already U-turned on his new tariffs on goods from Mexico and Canada. New 25% levies on cars have been shelved, as have his plans to suspend the de minimis threshold on Canadian and Mexican packages, says the international delivery specialist Parcelhero. Where does all this leave UK exporters? After weeks of threats, […]
New regulations for shipments to Northern Ireland are set to go live on 31 March, 2025. But the latest ONS survey reveals GB businesses trading with Northern Ireland are already suffering from rising transport costs. The international delivery expert Parcelhero warns transport & storage sector companies’ NI volumes tumbled by 25.9% in December 2024. The […]
Rapid developments in e-commerce and shipping technology will help fuel a 4.31% compound annual growth rate (CAGR) in the global courier and delivery services market, and a 6.2% CAGR rise in the UK domestic market by 2030, says the international delivery expert Parcelhero. The international price comparison site says the size of the global transportation […]
A new Office for National Statistics (ONS) Business Insights Survey reveals that fewer transport & storage sector businesses reported an increase in turnover compared to any other sector. Even the struggling arts and real estate sectors had more businesses reporting an increase in income. Looking to the immediate future, things continue to look flat, says […]
The latest government Business Insights report paints a gloomy picture of August’s trading. More than a quarter (27%) of all businesses revealed their turnover had decreased in August 2023 compared with the previous month – that’s 2% more businesses reporting a fall than in July. The home delivery expert ParcelHero says transport & storage sector […]
The latest Office for National Statistics (ONS) figures show British businesses had a generally upbeat July, with all sectors reporting increased turnover and demand and cost rises finally slowing. However, the home delivery expert ParcelHero says transport & storage businesses reported less rosy numbers than many other sectors. It warns this should set off alarms […]
The DHL Ocean Freight Market Update Report November 2022 is now available. Below are highlights of the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding. Demand outlook – Various events such as war in Ukraine, the energy crisis and inflation are lowering consumer spend, and thus demand […]
Fleet management provider CBVC Vehicle Management is urging financial advisors and accountants to encourage businesses to ignore headline lease rental rates and to instead focus on whole life costs for company car acquisition for fleet cost savings. According to CBVC, understanding whole life costs is critical, especially as fleets start to accommodate electric vehicles. Focusing […]
