Logistics companies struggle with Brexit expenses

Sliding profit margins pose difficulties for logistics companies in paying for Brexit preparations, concludes a new report from the UK's Freight Transport Association. 37 percent of companies participating in the survey have not yet taken steps to prepare.

British logistics companies have trouble funding their preparations for the UK's exit from the EU.

Sliding profit margins mean that a large number of the country's logistics companies cannot afford to invest in preparing their business for the upcoming Brexit, concludes a new report by the UK's Freight Transport Association (FTA), which represents the country's land-, sea- and air-based logistics companies. The report has surveyed more than 500 freight and logistics companies operating in the UK and internationally.

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