Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

DHL hires hundreds of customs staff to prepare for no-deal Brexit

Published 12/02/2019, 13:28
Updated 12/02/2019, 13:28
© Reuters. FILE PHOTO: Klankert, a 27-year-old truck driver of German postal and logistics group Deutsche Post DHL steers his truck at a DHL freight logistics centre in Sehlem

© Reuters. FILE PHOTO: Klankert, a 27-year-old truck driver of German postal and logistics group Deutsche Post DHL steers his truck at a DHL freight logistics centre in Sehlem

AMSTERDAM (Reuters) - Deutsche Post (DE:DPWGn) DHL has hired hundreds of workers to deal with new customs procedures expected to be imposed after March 29, when Britain is due to leave the European Union, an executive said on Tuesday.

Europe is Britain's largest trading partner. New tariffs and goods clearance procedures could be introduced unless Britain secures a deal on future relations with the 28-member bloc before it leaves.

John Pearson, chief executive of the DHL Express subsidiary, told Reuters his company "began hiring in earnest about three months ago" and had been recruiting about 50 new workers a week.

"These are people on the ground in the hubs. They are coming onto our payroll sitting in a hub facility probably processing customs paperwork to make sure that the goods are cleared quickly," he said in an interview.

"We are recognising that if, in a no-deal scenario customs will be the be all and end all, then we don't want to be caught short," he said.

Pearson, who took up the job in January, did not specify how Brexit would directly impact the company's business, but said "if there was a no deal suddenly announced on March 29 we would be more ready than anyone else."

© Reuters. FILE PHOTO: Klankert, a 27-year-old truck driver of German postal and logistics group Deutsche Post DHL steers his truck at a DHL freight logistics centre in Sehlem

DHL, one of Europe's largest parcel deliverers with major operations across the EU and Britain, transports goods by air and road between the two trading regions.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.