All Trade & Customs articles – Page 20
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News
USMCA: The milk in the coconut of North American trade
The renegotiated rules on free trade in North America, known as USMCA, have been in effect six months but are coming under stricter enforcement. Trade experts from Toyota and Canada’s automotive supplier association point to risks around compliance and a lack of clarity in some rules, especially around ’alternative staging regimes’ on localisation – with the risk that some suppliers could lose significant business.
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Watch: Welcome to the future of North American automotive supply chains
Kicking off the on-demand content for Automotive Logistics and Supply Chain North America Live, our hosts set out the trends impacting the industry today and how they will reshape processes, service and partnerships.
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Watch: A surprisingly bright outlook for North American vehicle sales and production
Despite the pandemic and supply chain disruptions, IHS-Markit is forecasting a stronger-than-anticipated rebound for the North American automotive sector, however there are many headwinds, including for production and exports out of Mexico.
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Watch: The race to build a North American lithium-ion battery supply chain
Investing in regional battery supply will be critical for OEMs in North America to compete on electric vehicles, but can battery cell capacity keep up? Analyst Daniel Harrison details the evolving battery production footprint in the region.
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Watch: North America automotive suppliers must keep up with USMCA and changing trade policy
Policy experts from Toyota and Canada’s automotive supplier association unpick complex sourcing and compliance rules under USMCA, and look ahead to what the Biden administration could mean for automotive trade.
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Watch: Capturing supply chain data and change in real time – day one in review
Our team unwraps the top themes from the first day of the event on North American automotive logistics, including managing organisational transformation and an urgent need for data transparency.
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Watch: North American automotive recovery is underway, but for how long?
The North American automotive market is on pace to return to growth this year despite slow vaccine roll-outs, however there are risks in the supply chain and the longer-term economic outlook, according to Eaton’s top automotive analyst, Brandon Mason.
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Brexit means business as usual, but with more work for Volvo and Gefco
At last week’s Livestream Hour from Ultima Media, panellists from Volvo Cars and Gefco discussed how their daily business had changed with nearly two weeks of Brexit under their belts. Volvo had yet to experience severe disruption but both companies are seeing an increased workload to comply with the eleventh-hour regulations
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Watch: Beyond Brexit – Navigating global trade and customs (EP.5)
Watch this Livestream Hour episode to get the inside track on coping with Brexit and optimising global trade processes, with exclusive insight from customs experts at Volvo Cars and GEFCO
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Automotive sector welcomes EU-UK trade deal
The UK car industry has welcomed the new EU-UK Trade and Cooperation Agreement (TCA), which was finally announced on December 24. The agreement avoids a no-deal Brexit that would have added tariff charges to the import and export of parts and vehicles, but there are still hurdles to overcome in terms of new customs procedures.
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France and other EU countries close border with UK putting freight flows at risk
A number of countries, including France, have closed their borders with the UK to passengers and accompanied freight following the discovery of a new strain of coronavirus in the UK which is suspected to be more infectious than previous types.
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Analysis: Middle East and Africa recovery will depend on better trade relations, logistics and investment
The wider Middle East and North Africa region is set for vehicle sales and production declines of 25% year-on-year in 2020, but there are prospects for recovery in automotive markets and in trade, if OEMs and suppliers can overcome supply chain barriers. Download our latest analysis.
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Watch: Middle East and North Africa supply chains – the route to recovery (EP.3)
Watch this Livestream for the latest insight on vehicle demand, production and trade across Middle East and North Africa automotive supply chains, plus insights with General Motors’ head of purchasing and supply chain for the Middle East, Sulaiman Pallak.
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Asean region now benefiting from Acts online customs trade tool
This week sees the launch of a new online customs transit management system in the 10-member Association of Southeast Nations (Asean), designed to accelerate trade in goods by road. The Asean Customs Transit System (Acts) enables private companies to make a single customers transit declaration that covers the transport of goods across multiple Asean countries without the need to make repeated customs declarations or change vehicles at each border. The online e-transit declaration can be made directly with Asean customs authorities. Companies can track the movement of their goods from loading at departure to delivery at the final destination.
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BMW trials vehicle exports by rail from Germany to China
BMW has started pilot rail shipments of the 5 Series between its Dingolfing plant in Germany and Chengdu in China.
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Industry makes last call for zero tariffs and greater clarity on Brexit
Bodies representing the UK’s automotive and logistics sectors are calling on the government for a zero-tariff trade deal with the European Union and clearer instruction on customs processes as Brexit negotiations enter their final stage.
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Watch: Supply Chain Update – coronavirus crisis impacts and US election implications (EP.1)
Automotive Logistics’ Livestream Hour season 2 kicks off with the latest forecasts on global vehicle production, a review of supply chain trends and insight into what the US presidential election results could mean for the sector.
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No deal Brexit would increase cost of EVs by £2,800, says SMMT
The UK’s Society of Motor Manufacturers and Traders (SMMT) has warned that a no deal Brexit could push up the cost of buying an imported battery electric vehicle (BEV) in the UK by £2,800 ($3,600). Two thirds of all BEVs on sale in the UK are imported from Europe and between January and September this year 40.8% of all the new BEVs registered on UK roads came from the EU, more than from any other territory.
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CLdN and Rhenus add finished vehicle capacity ahead of Brexit
Shortsea ro-ro provider CLdN has been adding capacity on its cross-channel routes, with an extra vessel to be deployed. Meanwhile, LSP Rhenus has announced it is launching an FVL department in the UK.
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Watch: Finding opportunities in changing global trade rules
Many factors have been impacting global automotive trade and freight flows, including changing trade agreements, cost considerations and of course the pandemic. In this session, independent logistics strategist Wolfgang Lehmacher discusses opportunities with experts from Gallega Global Logistics and ICR360.