REX solves the GSP conundrum

If you mention the name “Rex” to a European, they might immediately think of the much-loved and admired German Shepherd police dog who solved crimes in a popular TV show Kommissar Rex. Though the show went off the air in 2015, two years later “REX” is reborn; but this time as a different way to solve a recurring dilemma. The Registered Export System (REX) of the European Union is the

Uncertainty may mean further losses for businesses, warns FX expert

Implementing a robust strategy to manage currency market fluctuations is now more critical than ever as the UK’s departure from the European Union (EU) looms, a foreign exchange (FX) expert has told more than 60 business leaders at an event in Cardiff yesterday (25 January), organised by the Welsh Government. Paul Langley, Managing Director of OSTCFX, was speaking at a seminar as part of the Wales Export Forum on managing

UK forwarders look forward to action on new Government industrial strategy

The British International Freight Association (BIFA) has given a broad welcome to yesterday’s announcement by UK Prime Minister Theresa May that the Government intends to build an industrial strategy to deliver a high-skilled, competitive economy that benefits people throughout the country. Robert Keen, BIFA’s Director General, says that the initiatives in the announcement should provide a welcome boost for British industry and have a positive impact on the activities of

Report commissioned by the UKWA highlights looming urban food logistics crisis

A major new study offers valuable insights into the current issues and potential strategic solutions to the current and future challenges facing food and drink supply chains in London and other major population centres across the UK. The report shows that, with the population of the UK’s cities growing at an unprecedented rate, an urban logistics crisis is looming which, if not addressed now, could even lead to a shortage

Canadian International Freight Forwarders' Association to partner with TIACA for Toronto Air Cargo Forum

  The Canadian International Freight Forwarders’ Association (CIFFA) will partner with TIACA and Multimodal Americas at the Air Cargo Forum (ACF) in Toronto in October 2018. The announcement comes as Vladimir Zubkov formally takes the helm as TIACA’s new Secretary General, replacing Doug Brittin, who retired at the end of last year. CIFFA, which celebrates its 70th anniversary in 2018, will take part in the exhibition and host a conference

The British International Freight Association (BIFA) have revealed the Freight Service Award winners of 2016

The winners of the nine General, Modal and Specialist categories in the Awards, which has established a benchmark of quality for the British freight forwarding industry for more than a quarter of a century, are: Delamode, DSV Road, Greenshields Cowie, MIQ Logistics, Panalpina, Priority Freight, U Cargo, Uniserve Group and Unsworth Global Logistics. In the Individual category, the winner of the Young Freight Forwarder Award was Nikki Hall of Embassy

BIFA comments on lack of substance on the affect of Brexit following Theresa May's speech

The British International Freight Association (BIFA) says that whilst Prime Minister Theresa May’s much anticipated speech today has delivered some clarity on the UK’s plans to leave the European Union’s single market, it remains short on the details that will assist its members as they go about their business of managing much of the UK’s visible international trade. “Our members across the country over the last few months have been

First freight train travelling from China to the UK has arrived in London

The first container train travelling between China and the UK has arrived on the 18 January at the DB Cargo UK terminal at the London Eurohub in Barking. The train is operated by the InterRail Group, a multinational transport operator headquartered in Switzerland, on behalf of China Railway subsidiary CRIMT (China Railway International Multimodal Transport). Various freight railways handle traction along the 12,000 kilometre route; DB Cargo is responsible for

VTB Capital takes top position in annual Thomson Reuters league table for 2016

  VTB Capital secured top spot by deal value amount and by number of issues in Russian DCM, having arranged 92 transactions for a total of $22 billion (£18 billion) and taking a record 53.5% market share. VTB Capital also took the first place in the Russian ECM Bookrunner category by completing 5 transactions totaling $825 million (£677 million), accounting for 27% of the market. In M&A, VTB Capital ranked first in

Bank of China is first of 'Big Four' to join Bolero for export

The Bank of China (BOC) has become the first of the ‘Big Four’ banks in China to offer exporters the multiple benefits of using the Bolero electronic trade document platform. The move has been prompted by increased requests from BOC’s large customer-base for the use of Bolero’s ePresentation solutions and electronic documents such as bills of lading and documentary credits. As they expand their export activities outside China, with particular