Steve Purvis, Operations Director at Bis Henderson Space takes part in ITM’s 60 second read Traders Corner for the latest edition of ITM magazine. What does ‘logistics’ mean to you? Logistics is all about the coordination of inbound and outbound flows of goods, and trying to manage unexpected scenarios that might pop-up from time to time – like Brexit! What made you want to work in the industry? I
ITM Editor, Rebecca Spayne, sits down with Robert Keen, Director General of the British International Freight Association (BIFA) to discuss the current freight landscape BIFA acts as representation for a large number of freight forwarders, how are you helping guide the industry at this time? In 2020, as in every year, we try to help our members and the businesses they serve by continuing to provide advice and information on
UK Export Finance: Exporting in the Middle East UK companies looking to grow their businesses overseas have long looked to the Middle East for trading partners. The Gulf region is rich in natural resources and linked to the UK by long historical trade relationships. In the four quarters to the end of Q2 2019, total UK exports to Gulf Cooperation Council (GCC) amounted to £27.9bn, accounting for 4.3% of all
It is likely that over the next few weeks, Britain will leave the European Union. As the push and pull over a Brexit deal continues, traders need to be Brexit ready. At present, the UK government is trying its best to ensure that any new controls or regulations do not interrupt the current trade flows. Despite these efforts, some changes are bound to happen. Therefore, it is extremely important for
Exports are defined as goods and services that are produced in one country and purchased in another. On the other hand, re-export refers to the shipment or transmission of a particular imported item to a different country. The US is one of the largest re-export markets in the world, with an estimated size of $200 billion. Examples of items that are commonly re-exported include fisheries, apparel, and technology products. However,
Craig Powell, Managing Director, Balloon One presents five top tips for warehousing ahead of the Black Friday retail rush Black Friday is one of the most important dates in the retail calendar, with slashed prices sending customers into a frenzy to grab the latest deals. While this is great for business, to make the most of the period, you’ll need to prepare your warehouse to cope with the surge in
– Convenient software solution identifies compliance risks before they can impact business – Easy online access for all departments across the business to report risks as they ariseAEB, a provider of global trade and logistics software, has launched its new global trade software to protect businesses from global trade violations. Risk Assessment provides easy online access for all teams across a company where global trade risks potentially arise – from
Ian Hall, COO, Atheon Analytics shares pragmatic, real-world and data-driven advice to help prevent grocery retailers and suppliers from making avoidable mistakes and missed sales at Christmas. You don’t have to be a retail expert to foresee an uplift in turkeys, alcohol, and mince pies through December, but in reality almost all products see a dramatic increase leading up to Christmas – simply put, people buy more of (almost) everything. The week
Alex Veitch, Head of Multimodal Policy, FTA, explores the future and necessity of decarbonisation in multimodal transport throughout Europe Earlier this year, the UK became the first major economy to legislate for a net-zero greenhouse gas emission target by 2050; this commitment has been set in law through an amendment to the Climate Change Act 2008. While other European countries are yet to implement such legislation, the European Commission is committed to decarbonising
In today’s society, there is ever-growing recognition of the impact we are having on our planet and the importance of sustainability. The ‘Blue Planet effect’, newly published scientific warnings and protests from hundreds of thousands of climate change activists around the world has propelled the situation into the spotlight and is being dubbed a “climate emergency”. The demands of eco-conscious consumers can no longer be ignored, and businesses must react