U.K., Oct. 17 -- When the Brexit transition period ends (31 December 2020) and the UK leaves the EU's Single Market and Customs Union, the UK will begin a new economic relationship with the EU - either with a trade deal or with 'no deal'.
Both outcomes will lead to delays, as companies struggle to meet the new border procedures that apply to all third countries trading with the EU. The UK government's 'Reasonable Worst Case Scenario' for the end of the transition period references maximum queues of c. 7,000 trucks with associated delays of up to two days. The disruption is expected to be at its peak in the first two weeks of January, and could last up to three months.
These delays could impact all goods coming into the UK - not just from...