TNETS Customs and Trade Management News


Scariest thing about Halloween? HMRC and Defra systems still a risk to post-Brexit borders

Breeding ground for fraud, smuggling and other criminal activity, say auditors By Kat Hall Oct 16 2019 / The Register Two key programmes related to the UK border’s preparedness for Brexit pose “significant risks”, the National Audit Office has said. In its cross-government report today, the auditor concluded the government “has made progress with putting in place the systems, infrastructure and resources required to manage the border if the...

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UK border risks snarl up in no-deal Brexit – audit office

By Guy Faulconbridge Oct 16 2019 / Reuters LONDON (Reuters) – The United Kingdom’s border risks being snarled up in a no-deal Brexit because as few as 30 percent of traders are prepared, the European Union would introduce controls and organised crime groups would exploit weaknesses, the National Audit Office said. The United Kingdom is due to leave the EU on Oct. 31 and while Prime Minister Boris Johnson...

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South Korea and Indonesia Agree Trade Deal

Oct 16 2019 / The Marine Times Executive South Korea and Indonesia have reached a preliminary trade deal equivalent to a free trade agreement but also including broader economic cooperation. The agreement is expected to help boost trade between the two nations by nearly 50 percent by 2022. The move is part of South Korea’s on-going efforts to expand exports in the region and comes after a five-year break...

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German shipbroker makes ‘hard Brexit’ warning

If the UK leaves the EU without a deal, the country would not have maritime cabotage rights within the region Oct 15 2019 / Offshore Wind German wind farm operators working with UK vessel owners and equipment suppliers have been advised to consider the potential negative impact on their business of a so-called ‘hard Brexit’. Hamburg company Global Renewables Shipbrokers has warned that if the UK leaves the EU...

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DSV set to cut 50% of Panalpina head office workforce

By Will Waters Oct 15 2019 / Lloyd’s Loading List As integration progresses, overlapping corporate functions and positions will either be cut or relocated to the headquarters in Denmark, with up to 165 job losses, although the company intends to expand its logistical footprint in the Basel area Global transport and logistics company DSV looks set to cut around 50% of the current Panalpina head office workforce, as the...

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Business to business ‘No Deal’ Brexit advice

By Alex Claydon Oct 14 2019 / BDAILY News An opinion piece on Brexit by Dr Nik Kotecha OBE, chief executive of Morningside Pharmaceuticals Ltd; Department for International Trade (DIT) exporter and a CBI regional councillor. Preparing to leave the European Union must currently be the number one priority for every UK business. It is one of the most challenging issues facing UK companies and there is still so...

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TNETS Sponsors SSIA Summit & Dinner

TNETS Sponsors SSIA Summit & Dinner

On Thursday 10th October 2019, TNETS was proud to be a first-time sponsor of the Singapore Semiconductor Industry Association (SSIA) Summit and dinner. The events were hosted consecutively at Marina Bay Sands, with the evening dinner bringing together 450 delegates from 70 companies under a theme of Embracing the Mobility Transformation. Neil Johnson, Director at TNETS, commented: “It was great to see so many customers, industry partners and colleagues...

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Port of Gothenburg urges customers to prepare documentation for Brexit

Port of Gothenburg urges customers to prepare documentation for Brexit

Oct 11 2019 / Container Management Ahead of a potential no-deal Brexit on October 31, the Port of Gothenburg has warned importers and exporters to ensure their goods are ready for customs clearance, otherwise face significant delays. Elvir Dzanic, Gothenburg Port Authority chief executive, stated: “The exporter must ensure its goods are ready for clearance through customs before they reach the Port of Gothenburg and our terminals. That is...

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Matt Silver looks to simplify cross-border shipping

Matt Silver looks to simplify cross-border shipping

By Jack Glenn Oct 9 2019 / FREIGHT WAVES When it comes to moving freight across borders, especially between the United States and Mexico, calling it challenging would be an understatement. Forager Logistics CEO and co-founder Matt Silver has made it his mission to bring calm to the chaos involved in cross-border shipping. Silver explains how he solves shippers’ problems with FreightWaves CEO Craig Fuller as part of the...

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