Economics
Cross-Channel Brexit Cargo Rejections Hark Back to Dover Crisis
- Brexit has lifted rates for France-U.K. freight transport
- Hauliers are increasingly taking direct Ireland-Europe routes
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Freight firms are refusing to carry goods from France to the U.K. almost as often as during the pre-Christmas Dover crisis, high-frequency data show, illustrating additional costs from Brexit.
The rejection rate for cross-Channel cargo rose again last week to 168% of the third-quarter average. It had peaked for 2020 near the end of the year -- when France shut its borders to U.K. hauliers for 48 hours to contain a new coronavirus strain -- before falling over the holiday period.