Companies moving goods between the U.K. and the EU will be subject to new, more stringent customs regulations when the clock strikes midnight this new year. As with any change of this magnitude, shippers and receivers alike should anticipate challenges, delays and general inefficiencies during the adjustment period, which could last for some time.
This will be the world’s first real look at how post-Brexit trade will operate. When the U.K. left the EU in early 2020, it also left the EU Customs...