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June 2021 saw 31 haulage firm insolvencies, the highest in a single month since January 2019 as Brexit and driver shortages bite, according to data from Tower Bridge-based audit firm Mazars that was shared exclusively with City A.M. this afternoon.
The fall in shipments between the UK and EU and between Great Britain and Northern Ireland since Brexit has seen revenues fall for some logistics businesses that relied on cross-border trade.
Hauliers have suffered as fewer shipments have been made across borders due to the additional red tape and costs of doing business with the EU.
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Driver shortage
There used to be 15 EU drivers at the haulage firm my friend owns, mostly Polish and Hungarian. They have all now gone home. The last one left at the beginning of September.