News Details :
News Details:
Headline : Switzerland,United Kingdom : Brexit: Panalpina is ready to uphold customers supply chains
Summary : In light of the UK Parliaments rejection of the draft Withdrawal Agreement on January 15, 2019 and still ongoing negotiations between the British government and the EU Commission, it remains possible that the UK will leave the European Union on March 29, 2019 in a no deal scenario a so-called hard Brexit.

One result of a hard Brexit could be that exporting or importing goods from or into the UK will be subject to some form of border controls with additional formalities and/or duties. As a consequence, hindrances to the flow of all sorts of goods at the UK/EU borders cannot be ruled out.

Companies that need to import or export goods across the UK border risk the disruption of their supply chains as a result of congestions and delays at ports and airports. Also, the increased demand for storage space might lead to warehouse capacity crunches.

Given the many Brexit challenges, Panalpina has set up a special task force to help customers find individual solutions.

There has rarely been a greater threat to international trade and supply chains that we knew of in advance. Brexit will have a massive impact on businesses not only in the UK, but throughout the world. Panalpina is committed to sustaining its customers supply chains, assures Panalpinas regional CEO for Europe, Christian Wurst.