WEEKLY UK-EU FREIGHT VOLUMES DOWN 38%, TRUCK DATA INDICATES
Freight volumes moving between the United Kingdom and the European Union were down 38 per cent in the third week of January compared with the same week a year ago, real-time truck movement data shows.
Stockpiling, problems adapting to the post-Brexit customs border and the COVID hit to the economy have all reduced the flow of goods moving between Britain and the EU although it is starting to stabilise.
The data comes from Sixfold and Transporeon, Europe’s largest supply chain & logistics technology platform that connects suppliers, retailers, shippers and more than 100,000 logistics service providers.
Prices for jobs to move goods, particularly on the French-British crossing, remained above last year’s levels while freight forwarders also continued to reject jobs from companies they are contracted to serve, when it comes to moving goods into Britain.
Drivers need additional paperwork and a negative coronavirus test when leaving Britain.
Stephan Sieber, CEO of Transporeon, said: “Transport demand is slowly recovering but still sluggish – our French British border crossing monitoring, based on real-time visibility data by Sixfold, indicates significant volume drop compared to the same weeks in January 2020.”