UK’s Logistics Sector Urges Calm in Greenland Row

UK's Logistics Sector Urges Calm in Greenland Row. Business group Logistics UK has urged politicians on both sides of the Atlantic to take a measured approach to trading negotiations to protect global supply chains and prevent the creation of inflationary measures. It is vital to avoid destabilising global markets and supply chains at a time when the first shoots of recovery are starting to be seen after the shocks of the pandemic.

James Mills, Head of Trade Policy, Logistics UK, said:  "The United States is the UK's largest single-country trading partner, with around 40,000 UK businesses exporting goods to the US and close to one million jobs supported by that trade. Many of these businesses and employees are in the logistics sector, which enables all trade to happen smoothly. Any renewed threat of tariffs risks creating uncertainty that supply chains and exporters can ill afford, particularly when margins are already tight, and businesses are focused on growth and investment.

"We need a calm, de-escalatory approach as it is essential to protect trade flows, keep costs down and avoid unnecessary disruption for businesses and consumers. We fully support the UK government's defence of Greenland's sovereignty and its right to self-determination.  "Predictable trade keeps goods moving and it is important to remember that tariff threats are not cost free to either side in the transaction: they land in supply chains and the resulting tab is ultimately picked up by customers."

Logistics UK is one of the UK's biggest business groups, representing logistics businesses which are vital to keeping the UK trading, and more than seven million people directly employed in the making, selling and moving of goods. With decarbonisation, new technology and other disruptive forces driving change in the way goods move across borders and through the supply chain, logistics has never been more important to UK plc. Logistics UK supports, shapes and stands up for safe and efficient logistics, and is the only business group which represents the whole industry, with members from the road, rail, water and air industries, as well as the buyers of freight services such as retailers and manufacturers whose businesses depend on the efficient movement of goods.

For more information about the organisation and its work, please visit logistics.org.uk

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