News Content
WEF: Brexit good for 3PLs short term, but they'll be sorry
WOLFGANG Lehmacher, head of supply chain and transport industries at the World Economic Forum (WEF), says forwarders and 3PLs could enjoy a boost as they manage the supply chain disruption anticipated if Britain left the European Union.
But the group that holds annual gatherings of the world's economic elite in Davos Switzerland every winter, stressed that over time, slower growth and tighter border controls will reduce revenues and increase costs, Lloyd's Loading List reported.
Mr Lehmacher outlined four post-Brexit scenarios as he assessed the potential impact on supply chains should British voters decide to leave the EU: complete independence, loose association with the EU, harmonisation with the EU and participation in another zone such as the North American Free Trade Agreement (NAFTA).
But the group that holds annual gatherings of the world's economic elite in Davos Switzerland every winter, stressed that over time, slower growth and tighter border controls will reduce revenues and increase costs, Lloyd's Loading List reported.
Mr Lehmacher outlined four post-Brexit scenarios as he assessed the potential impact on supply chains should British voters decide to leave the EU: complete independence, loose association with the EU, harmonisation with the EU and participation in another zone such as the North American Free Trade Agreement (NAFTA).
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
