2019 was a record-breaking year for UK exports, according to new figures published today by the Office for National Statistics (ONS). The UK has now experienced 45 consecutive months of annual export growth on a rolling annual basis. Companies in the UK exported £689 billion worth of goods and services across the globe – up by 5.0% on 2018. Goods exports to non-EU countries grew by 13.6% year on year.
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major US retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “February is historically a slow month for imports because of Lunar New Year and the lull between retailers’ holiday season and summer, but this is
Pressure from FTA has led to significant improvements to the Scottish National Transport Strategy Publication (NTS2), released 05 February 2020, with the document now recognising the importance of the logistics sector to achieving sustainable Scottish economic growth. However, the business organisation is concerned that plans to phase out the sale of new petrol and diesel vans by 2032 are unrealistic without the right infrastructure in place. Mags Simpson, FTA’s Head