“The consequence of that is there’s simply not enough capacity and the prices are going through the roof.”Swallow said the increased demand had pushed prices up by around 20% in recent weeks and would likely rise further in December. Fellow freight specialist Tony Shally said his Espace Europe had seen the cost of journeys between Poland and England, and France and England, rise by more than 10%. Companies had stockpiled goods before previous Brexit deadlines but many are in a weaker financial position now after the pandemic hammered their cash flow. Sam Harris, operations manager at Freight UK, said it had become a full time job just to answer the phone to new customers. “Everyone is panicking.”“We had a farmer on the phone and he had no idea whatsoever about what needed to be done.”

Source: Dhaka Tribune November 26, 2020 14:37 UTC