Automotive

With races sometimes a week apart, logistics teams need to be as well-oiled as the cars to keep things moving. A single piece of equipment can be the difference in a race, with winning and losing sometimes coming down to milliseconds on the final lap.

This is why there are often five or six sets of duplicate equipment moving at the same time. Teams need guarantees that their equipment will be there for the events. But with all the high-speed chaos of transporting Formula 1 around the world, how are all the goods moved through customs? Find out in this article.

Our client is a Korean-US Automotive company with European Headquarters in Dobris and a central EMEA Distribution Centre for spare parts in Germany (200.000mtr). For this client, we prepare all import, transit and export documents, including Fiscal representation for several ports (Port of Hamburg, Leipzig airport, Frankfurt am Main).

What unique challenges did this client face?

This case will consider one of our long-term automotive clients in Belgium (BE), and the recent additional challenges experienced by their sister branch in the United Kingdom (UK) since Brexit.

First, we assess the client’s background, challenges, and operations:

As a leading manufacturer in the automotive sector, operating in 120 locations internationally across 30 countries this client requires end-to-end customs clearance. During a client meeting, our Business Development Director in Belgium learned of issues our client was having in the UK with importing goods. 

When you decide to change suppliers, and your new supplier is a non-EU company, you will become an importer of goods. Do you have all the knowledge you need to implement the right processes? Will you be able to import all goods without delay and without paying unnecessary duties and taxes?

UK Businesses Urge Johnson to Make a Deal

More than 70 British industry groups have urged their government to make a deal with the European Union. The organizations represent more than 7 million workers. The industry groups are fearing the loss of many jobs if there will be a No Deal Brexit.

In the past couple of years our company has grown considerably, on the one hand through acquisitions, on the other hand, we are growing through our portfolio of services. Over 400 employees now work to handle your customs affairs, in 40 offices in 5 countries. We believe in continuous investments in European coverage.

The acquisitions also brought other companies within the Customs Support group. These companies and our colleagues all have their own important share in the service and services to you. We are digital and fast, accurate and offer compliant customs services!

Risks and Costs for the Seller

The seller is responsible for arranging and paying for transportation to the ship and is also responsible for loading the goods onto the ship. The risk used to transfer to the buyer when the goods go over the rail of the ship. This was confusing as the risk would transfer when the goods were midair, while the seller was responsible for loading them onto the ship. Since Incoterms 2010 the rail of the ship is no longer mentioned. The risk transfers when the goods are delivered, in other words, placed on the ship. 

Even stricter import restrictions

Turkey’s Finance Minister Berat Albayrak told representatives of the state-owned Anadolu news agency, that there will be stricter measures for the import of goods, other than strategic goods and products that Turkey is not able to produce themselves.

Arab News reports:

A Wave of Shocks Hits the Economy

The global economy, and with that global trade is getting hit in waves. 

The first shock was a supply shock that was caused by production facilities in China coming to a stop. This caused problems in supply chains that depended on parts and materials from China. Depending on the industry this shock took several weeks to hit. Industries with low inventory levels, like the automotive industry, were hit first.

Export of PPE is prohibited for the time being. For importing personal protective equipment, the following conditions apply: