LEADING SUPPLIER WARNS OIL AND GAS DUSINESSES CAN ONLY RETAIN COST AND TIME DENEFITS GY USING ACCREDITED PROVIDERS

摘要

A leading supplier to the oil and gas industry has warned sector businesses trading internationally, that choosing appropriate freight forwarding and logistics partners, is now more vital than ever. Leeds based Tudor International Freight said industry participants are set to lose significant cost and speed benefits once the EU's Union Customs Code legislation takes effect on 1 May, unless they employ a logistics partner who holds Authorised Economic Operator (AEO) accreditation. A mere 300 UK based organisations currently enjoy full AEO status, which is awarded by HM Revenue & Customs (HMRC).