Brexit

A Department for Transport spokesman hailed today's no deal Brexit tests with 89 trucks, routing lorries from Manston Airfield through Kent to the Port of Dover, as a success even though fewer lorries than expected took part. The plan for the system being tested is to hold up to 4,000 trucks at...

Exasperated hauliers and shippers in the United Kingdom and Europe say that the complexities of supply chains have only recently been recognized by politicians, who they say were previously in denial. British government advice for a "no deal Brexit" and its estimates of how much...

GBP/USD is trading below 1.2700 at the wake of the new year. Concerns about Brexit, China, and the government shutdown weigh. The technical picture is mixed for cable. GBP/USD fell below 1.2700 as 2019 kicks off in earnest. The move reverses an upwards move seen around the holidays, and now its...

The United Kingdom Government has agreed to a £100 ($128) million package with three ferry companies to alleviate congestion at the port of Dover in the event of a hard Brexit in March 2019. Concerns over the movement of freight should a deal fail to be agreed, or if parliament votes down...

The GBP/USD rose to 1.2747, the highest since December 10 at the end of the year low liquidity trading. The European Commission President Juncker said the EU is not trying to keep Britain in and wants to start discussing future ties the moment the UK parliament approves Brexit. The US political...

Investors thinking that 2018 was a wild year on the political stage may want to brace for an "even more intense" 2019, CNBC's Eamon Javers said. The Main Points The political landscape next year will be characterized by four factors, Javers said: Democrats gain power of the...

The European Shippers' Council has called for a transitional period even if there is a no deal exit from the European Union for the United Kingdom. Britain's House of Commons is due to vote on the Government's Brexit proposals during the week beginning 14 January with the expectation by...

Demand for direct ferry sailings out of the Republic of Ireland has increased by 20% this year and is most likely will continue increasing post-Brexit, particularly if the United Kingdom leaves the European Union without a deal. Ireland's traditional music and dance called the ceilidh commonly...

In a fast moving environment truck operators are finding it difficult to keep pace with Brexit policy updates. Serious challenges to market access and a skills shortage are facing hauliers and rail freight operators in particular from a no deal (hard) Brexit, according to speakers at Wednesday'...

Good day, At the wake of the Brexit discussions and attempts to soften the blow by the May government, the European Commission has come up with its own plans to deal with a possible hard-Brexit, if the exit plans cop out before the finishing line. The proposed legislations cover several issues...

In all honesty, the idea of Brexit and the complexities surrounding the now-imminent European divorce of the U.K. was seldom subject to international media scrutiny to the extent that it has been post-referendum. Then again, Brexit was not expected to come about, as even many amongst the silent...

Expectations within the freight industry are that Chaos in the UK parliament will lead to a no-deal exit from the eucausing more chaos at the borders.  Freight transportation experts are planning for a no-deal Brexit following this week's events in the UK parliament, which saw Prime...

This story was updated at 4:05 p.m. ET. The British pound rallied Wednesday morning off a 20-month low after U.K. Prime Minister Theresa May was projected to win a no confidence vote. What Happened Members of May's own Conservative party cast a vote Wednesday evening, which determined her...

The UK decision to leave the European Union, often referred to as Brexit, appears to be on hold after British Prime Minister Theresa May postponed a scheduled parliamentary vote on her Brexit plan that was scheduled for Tuesday. What Happened May announced the postponement Monday in an address...