The Office of National Statistics has given the freight forwarding community some good news this week by announcing that UK export has now reached a record high based on the second quarter figures of 2013 that have now been distributed.
Freight forwarding export figures have been boosted in a number of areas but most significantly in areas such as aircraft sales and the news of Great Britain’s recovery will ensure that freight forwarding from the UK remains a driving factor behind continued growth through the rest of the year.
According to freight forwarding figures the export of goods and associated services reached just over £43 billion GBP / $67 billion USD at the end of June 2013 which is the highest freight forwarding figure posted since the records began back in 1998.
Freight forwarding of goods hit a record level of £26.9 billion, and freight forwarding to non-EU members also hit a new record of £14.2 billion and Freight forwarding figures for this period as a whole shows a quarterly record of £127 billion.
The recorded sales figures will make the UK government and bank of England happy as they have held long standing hopes that having a weaker GBP sterling would aid UK businesses in selling more product overseas and helping to bring the national deficit down at the same time.
Freight forwarding figures in markets such as the United States and China also went up according to additional information provided by the Office of National Statistics.
At last the UK export and freight forwarding market appear to be at the start of the long road to recovery after years of stability as opposed to growth and this can only be good news for everybody concerned with export and freight forwarding services.