Noticed we don't have a post Brexit thread to share news...
Jeffries, who has been in the freight forwarding business for 24 years, said his business nearly came to a standstill last week because of the sudden trade barriers erected on 1 January.
He said it was “absolute carnage out there” trying to get EU hauliers to come to Britain, because they underestimated the gravity of the financial guarantees, known as T1s, that now apply to goods being exported to the UK.
A truck with a £200,000 cargo would need cash or a T1 financial guarantee document for £40,000 in VAT alone, he said, a significant burden for transport companies with multiple trucks going to the UK.
https://www.theguardian.com/politics...droidApp_Other