Category: International Trade

Suez and Panama Canal crisis could go either way

The danger to container shipping approaching the Suez Canal comes at a time when the other key maritime gateway, the Panama Canal has been restricting transit numbers and draught limits due to drought driven low water levels. Due to the impact of the prolonged Panama Canal drought carriers hav... Read more

Supply chain; a year in review

2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal. The COVID pandemic and its after... Read more

Shipping lines get creative with charges

With sea freight rates so low, below cost on many important trade lanes the container shipping lines are looking to surcharges and all manner of ancillary charges to boost their cash flows. Macro-economics continue to work against the shipping lines, with global demand suppressed and costs ris... Read more

The US market grows in size and opportunity

The United States of America is the UK's largest single trading partner, with the value of goods and services nearly five times the value of trade with Germany, the UK's second largest export market and hopes are growing of a breakthrough in US/UK trade negotiations. Total US goods imported to... Read more

Reviewing the India opportunity

As a UK-India Free Trade Agreement draws closer new research confirms India’s strategic importance, with 73% of UK business leaders identifying the country as a target growth market and Metro’s senior executives are preparing local infrastructure to support any acceleration in bilateral trade... Read more

Air cargo delays and ocean carriers announce Israel war risk surcharge

While sea freight traffic is largely operating without significant issues, the conflict in Israel is impacting airfreight to the country and the surrounding region, with many carriers’ services subject to cancellation and delay. Many airlines have suspended direct flights to and from Israel,... Read more

eBills have same legal recognition as paper bills of lading

The UK’s Electronic Trade Documents Act (ETDA) came into force on the 20th September, providing an electronic bill of lading (eBill) the same legal status as a paper bill of lading. This is a major step forward in the modernisation of international trade and is anticipated to boost the UK ec... Read more

UK business welcomes steel action

Anti-dumping and countervailing measures on imports of Hot Rolled Flat and Coil steel will be kept until 2027, to protect the UK’s steel industry from the damage caused by low-priced steel and competitive products that have benefited from government subsidies in their country of origin. The ... Read more

Businesses face 24 legislative and policy supply chain changes

The Institute of Export & International Trade has issued a report highlighting the volume of regulatory change facing UK traders over the next 18 months and called for support for businesses through this turbulent period. The report – The Border Target Operating Model and Beyond: Navigat... Read more

EC to end container shipping alliances

On the 9th August 2022, the European Commission (EC) issued a call for feedback on the Consortia Block Exemption Regulation (CBER) and on Tuesday announced that it will not renew the sector’s exemption to operating shipping alliances when current legislation expires on 25th  April. The Cons... Read more

BRICS; irrelevant or irresistible

The fifteenth annual BRICS summit, attended by Brazil, Russia, India, China, and South Africa, took place in Johannesburg last week, with members committing to expansion, in a significant development, that will have a major impact on the global economy. The addition of six new members, includi... Read more

Take your customs declarations to a whole new level

Metro provide customs clearance services at all UK airports and ports of arrival and departure, including inland border points, with import and export entry processes completed within two hours. Simply provide us with your commercial invoice, packing list and any other supporting documents and... Read more