We’re seeing an increase in blank sailings across various global routes due to low demand and excess shipping capacity worldwide. This month, we bring you a range of market updates that can have a direct impact on your logistics operations.
With Golden Week around the corner, factories are expected to close and production to slow down, impacting container shipping demand in Asia. We look into the upcoming peak season, as well as the CDS for UK export processes in place later this year.
HMRC are upgrading their Custom Declaration platform for the first time in over 20 years, replacing the existing Customs Handling of Import and Export Freight (CHIEF) system with the Customs Declaration System (CDS) The last date for Import Declarations through CHIEF will be September 30th, 2022, with the last date for Export Declarations being 31st March 2023.