Great Britain (“GB”) officially left the European Union (“EU”) on 31 January 2020, and we are now at the end of the transition period. If GB and EU do not reach an agreement with a trade deal before 1 January 2021, GB will become a third country and all companies within EU need to follow the general rules for countries outside of EU when trading with GB. This means that all export from GB and import to GB will basically be governed by the rules of the World Trade Organization (“WTO”). The border between GB and EU will become an operational customs border from 1 January 2021 and it will result in a number of procedural and structural changes such as customs declarations and duty and VAT may have to be paid.

Founder and CEO of Voluntās, one of the fastest-growing Nordic consultancies, Morten Albæk, joins the newly formed Advisory Council as advisor to the CEO Allan Melgaard and the Board led by Tom Gartland, Executive Chairman.

The European Union (“EU”) and the United Kingdom (“UK”) have during the past year negotiated the terms of a new deal, EU-UK Trade and Cooperation Agreement (“the Agreement”), to govern the future relation between EU and UK. Even though EU and UK have agreed on a trade deal, it is important to remember that UK should be treated as a third country in terms of trade. This has already taken place from the 1st January 2021 where UK officially has left the EU Single Market, Customs Union, and all EU policies.

January 28, 2021, Scan Global Logistics Group signed a definitive agreement to acquire the Air and Ocean activities of one of the largest transportation and logistics companies in the U.S, Werner Enterprises. Together, they enter into a new strategic relationship to offer comprehensive international logistics solutions to Werner’s existing and future North American customers.

The recent approval and release of COVID-19 vaccines put cold chain logistics in the spotlight; an immediate demand for GDP-certified cold chain storage and transport solutions became evident.