Fifteen-Hour Brexit Wait Prompts Freight Firms to Avoid U.K.
- Usual seasonal drop in shipping costs absent after Brexit
- Companies switching to air from sea to maintain supply lines
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Truckers are trying to avoid the U.K. as Brexit red tape keeps them waiting to get to the continent.
New weekly data highlight the additional costs companies face when trading between Britain and the European Union after U.K. left the single market on Dec. 31. While the two sides agreed not to impose tariffs on goods, so-called non-tariff barriers are nevertheless creating obstacles for business.