Economics
Brexit Border Friction Boosts Shipping Costs From France to U.K.
- More cargoes are being rejected by trucking companies
- Coronavirus has also cut into the capacity to move goods
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The cost of shipping goods from France to Britain has surged in the past year both because of Brexit and the coronavirus, high-frequency data show.
Cargo rates into the U.K. from France has risen 44.7% in the year through February, according to TimConsult, a unit of global logistics platform Transporeon. That reflects lower capacity to move goods and increasing reluctance of trucking companies to take shipments across the border.