All the latest comment from industry leaders
As the nation prepares for the closest general election in living memory, it’s an opportune moment to take a look at what can be done to support growth in the sector.
FedEx's €4.4 billion ($4.8 billion, £3.2 billion) bid for Dutch parcel delivery firm TNT Express has sparked a boost in courier company shares. It’s not only the courier industry that will benefit, however: it is customers that should ultimately be the real winner. The resulting company will introduce stronger competition within Europe and globally.
In light of the continuing debate over the Labour Party’s plans to scrap the non-domicile rule, I feel it’s essential that The Baltic Exchange highlights the importance and value to the UK economy of the many foreign shipowners who reside in the UK and pay tax in the UK but also enjoy the benefits of non-domiciled status to ensure their global businesses are not brought into the UK tax net.
Moves by the German and French authorities to apply minimum wages on foreign drivers operating in their territories could have a major impact on the UK’s export drive.
Following its introduction, the new drug-driving law operates in a similar way to the drink-driving laws that the public is familiar with, with testing taking place at the road-side.