Facebook - Shropshire Business Twitter - Shropshire Business LinkedIn - Shropshire Business

Import warning from shipping experts

A Shropshire shipping company has warned of likely disruption to UK imports during the Covid-19 outbreak and is urging caution for businesses which are new to international trade.

Global Freight Services based in Telford is reporting an increase in inquiries from potential customers looking to import goods from China.

But with the coronavirus outbreak having an impact on supply chains globally as movements are restricted and manufacturers close their doors it’s feared some businesses might be left out of pocket.

Managing director Anton Gunter, said: “We would urge anyone looking to import goods from foreign countries to make sure they understand the purchasing terms before they part with any finances.

“The Coronavirus outbreak is affecting international trade across the globe and we are concerned some businesses may end up paying much more for goods or in a situation where shipment is significantly delayed or worse still, never arrives.

“We would urge anyone looking to import goods for the first time, particularly items which are currently in high demand, to seek expert advice before committing any finances.”

The warning comes as a rising number of firms report disruption with imports and exports. According to a report published recently by the Office for National Statistics (ONS) many firms were experiencing supply chain issues.

It surveyed 3,642 firms between March 9 and 22. Roughly six out of ten firms which responded to the survey are not involved in import or exporting goods. But of those which do, more than half reported some level of disruption.

The report does not reveal the degree to which supply chains and transportation is being affected.

The same report also observed that almost half of companies surveyed were suffering before the lockdown; that a quarter of firms were intending to lay off staff temporarily and the cost of online products such as cough and cold medication, pet food, loo roll and paracetamol had soared.

Pictured: Anton Gunter, managing director of Telford-based Global Freight Services

Freight firm supports Dyslexia Awards

Shipping company sponsors Shining Star category

16th October 2020

New importers warned of costly risks

Freight specialists say businesses must check the small print

15th May 2020

Staff pull together to keep country moving

Morris Lubricants adapts to cope with challenging times

21st April 2020

International trade specialist offers support

Practical advice available on future global trading

17th September 2020

Sky's the limit for primary school pupils

Local businessman helps judge "Height and Flight" contest

8th July 2019

Freight forwarder is a driving force

Trike business success thanks to award-winning Telford firm

12th August 2019

International trade team grows

Two more advisers are appointed

12th November 2020

Masterclasses will help firms bounce back

Experts offer advice on upskilling workforces

2nd October 2020

Rules change over import tax charges

Retailers can now take responsibility for additional costs

15th July 2021

Manufacturers will get share of funding boost

Grants will help SMEs recover from impact of Coronavirus

7th July 2020

Website company supports export activity

Experts build bespoke platforms to help grow international sales

19th October 2020

Brexit paperwork warning for businesses

Figures show companies don't have the right accreditation in place

16th August 2019

Business survey will measure virus impact

Marches LEP asks companies and traders for vital evidence

7th April 2020

Survey shows huge impact of Coronavirus

Marches LEP asks more businesses to take part in research

22nd April 2020

Business expertise available online

Growth Hubs move seminars and workshops

20th May 2020