On the historic day of 23rd, June 2016 came a people’s referendum for  Britain to exit European Union–BREXIT; after spending more than four decades with the European Union. Shaking the world economy with losses of trillion of dollars, the exit doesn’t seem to confine its effects. While it continues to influence the global trade and hinder its own economy, the vital ask is: what would a Brexit’s significance to the world of courier association?

At a glance post exit, the indications are clear. The loss of the infinite and boundless movement of persons, the core that the European Union was created upon. This is at the center of the immigration that the UK Prime Minister had established resonate so robustly with the British community, however, it also gives ways for the boundless movement of the commodity and mail service, that is vital to an efficient and valuable courier set up all through the Europe.

Prior  Brexit the to and fro of packages and goods within the European Union was almost without restraints.

Generally, it has been learnt that courier companies decline to take items or its prohibited by countries, however, the goods being forward renounce in the that class, they merely go through a concise scan in customs. Thus, the process proves to be smooth and transfer the goods swiftly all over the territory. It simply means that a parcel is collected today and being handed over to a relative’s place in Athens the next day at  fairly low rates.

Post Brexit things will change on its head. Parting from the European Union sooner or later will transform  that. All parcels that cross the borders of the UK would require to pass through customs in the destination country. And more than half of the UK  Exports see their buyers in the European Union market, that would result in an immense stress on the clump of 27 nations that the UK has left behind. A similar strain shall be pronounced to UK Customs as the deliveries that formerly flowed without restraints in the county, would call for a more detailed inspection.

Most harmfully perhaps, but, each commodity that land into the country with a value higher than GBP 15 would attract VAT and duties. Certainly, that doesn’t sound as well dire until one become conscious; that on all orders you place on Amazon that is completed by the EU-Sarl division would draw those charges. The amount would be an additional 20 percent (approximately) to anything that you buy outside the UK, that can begin to ascend rapidly.

That’s in brief example of that logistics industry may undergo post Brexit. There are several of other aspects that a crisis such as these, well may cause a dent In the courier industry.