Peak Season Freight Update

freight forwarding

On sea freight we’re pleased to see fuel surcharges decreasing and driver retention charges being dropped. Rates are dropping slightly, but are unlikely to fall back to pre-pandemic levels, the shipping lines will limit capacity if demand falls.

With better import rates available speak to your TPS account manager and please book in by September to guarantee Christmas delivery.

Air freight volumes have dropped in July due to the summer holidays and the cancelled flights, as well as the loss of aircraft owned and operated by Russian entities (embargoed from doing business with US).

Airlines are still struggling to recruit sufficient manpower, but cargo rates have stabilised and dipped on certain routes, making air freight more attractive, speak to one of the team today.

TPS Global Christmas parcel deliveryThere is seasonal pressure on storage capacity with retailers stocking for Christmas. We are seeing fuller warehouses than in previous years, with customers shipping early to avoid the hold ups and issues experienced over the last 2 years. We have 3 warehouses in Aylesford, Kent all within striking distance of the M20 and we currently still have pallet space available on the racking but no floorspace.

Domestic Distribution – we’ve added to our fleet and now operate 2 tractor units and trailers complete with tail-lift – these are ideal for delivery to sites without forklifts. Plus a van and 7.5 tonne truck.TPS-Global-Logistics-road-freight

IMPORTANT actions for importers and exporters – CDS changes start in September, HMRC has warned that around 3,500 companies are still to register for the new import system, and unless set up before 1st October will lose the ability to import goods. Registering can take several weeks to complete – so importers are urged to register now.

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