ISSUE 7 2019 www.f jna.com


Airfreight Emirates poised for Brexit airliſt p.4


Agility is one of the world's leading logistics companies, offering air, ocean and road freight forwarding,


warehousing, distribution, and specialized services.


Recruitment Skilled staff make themselves scarce p.6


Our Ireland premises are licensed HPRA WDA for the storage of pharmaceutical products.


Ireland@agility.com


We understand the crucial role that quality and compliance play for the Life Science industry and the unique


requirements needed to follow strict GDP guidelines.


Tel: 01-8667414


End of Brexit road remains elusive


The British PM may have plans for the border if and when the UK performs a no deal Brexit but Ireland’s transport and trading community are anything but chilled-out about the prospect.


Supply chain feels the strain


Over the years, Irish fi rms have bought from UK suppliers without giving it a second thought – to the extent that the country is oſt en considered an extension of the mainland UK supply chain by many retailers. Although a ‘no deal’ Brexit has lately become a less likely prospect, at the time of writing in late October it could not be entirely ruled out that a hard border would be imposed on


Ireland overnight on 1 November. Meanwhile, there are severe


shortages of warehousing and even reports of come medicines being in short supply in Ireland – because the UK has been stockpiling them. However, along with the supply chain problems,


there


could be opportunities for Ireland too, if US fi rms use the country as an alternative gateway to the European Union.


Ireland might though have


to address some of its existing stresses and pressure points. The country is continuing its


strong recovery from the deep recession earlier in the decade, though growth in gross domestic product in the second quarter of this year was a rather modest 0.7%, in contrast to the previous quarter’s “marked acceleration”, according


to Economics (FE). analysts, Focus Ireland’s economic


performance can be quite erratic, FE points out. While export growth climbed, this paled in comparison to the rebound in imports, up more than 40% on increased demand for capital goods, “refl ecting the highly volatile nature of fi xed investment due to the presence of large multinationals”. Growth is expected to ease


considerably this year and next, says FE, due to slowing global growth and uncertainty


surrounding Brexit, with the prospect of a no-deal Brexit remaining the primary risk to future growth. Irish Central Statistics Offi ce


preliminary fi gures for July show a surge in seasonally adjusted goods exports of €2,073 million (+18%) to €13,671 million in July 2019 compared with June 2019. Seasonally adjusted goods


imports also increased by €252 million (+4%) to €7,396 million leading to an increase of €1,821


2 >>


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