The series of tariffs introduced by President Trump have substantial consequences for UK exporters and shippers. We dive in to the latest challenges and strategies to navigate the impact.
Hauliers that are finding their most experienced drivers being poached away by better pay and working conditions are imposing 'driver retention surcharges' to offset the cost of their most vital resource.
A nationwide strike amongst UK lorry drivers is currently planned for 23rd August causing major concern over how this will impact essential deliveries to shops and petrol stations.
The Port of Felixstowe said 2,000 containers were being unloaded by crane and the process would take about 24 hours. Many keen shipping enthusiasts and ship-spotters flocked to the waterfront to watch the highly anticipated moment that the Ever Given arrived.
Issues in the maritime sector in particular are significant, as any impact can cause drastic knock on effects throughout the route. Current market conditions are brutal, and perhaps the most challenging times that this sector has ever faced.
Global supply chains are facing even more challenges this week, as typhoons and flooding causes major ports to close down, affecting some of the busiest container ports in the world.