Freight Volumes Down Post Brexit
12 Mar 2021
UK Overseas Freight Down 18% in February 2021
In February 2021, the volume of accompanied and unaccompanied freight units travelling between the UK and Europe (including the Republic of Ireland) declined by 18% compared with the same month of 2020.
While the decline was less than the 34% decline seen in January 2021, the decline in February means that in the first two month of 2021, UK-Europe freight is down by 27% compared with the first two months of 2020.
Despite the controversary over freight from Great Britain to Northern Ireland, freight volumes to and from Northern Ireland from GB increased by 5% in February 2021, compared with February 2020, after falling by 2% in the previous month.
The star performer in terms of freight volumes – albeit from a low starting base – has been freight direct from Ireland to the Continent which has grown by 212% in the first two months of 2021 compared with the same period of 2020.
The above data comes from the monthly IRN Research freighstat report.