AEO status leads to revenues doubling at Coll-8 Logistics

Ireland’s Coll-8 Logistics has seen turnover double in the last three months thanks to the carrier helping customers overcome the complications brought about by Brexit.

David Field, founder and Chief Operations Officer says that an automated customs declaration system that the company developed in-house is handling more than 17,000 declarations daily.

This has been helped by Coll-8 Logistics being awarded the highest supply chain rating. Turnover accelerated when the company was granted Authorised Economic Operator (AEO) status by Irish tax authorities.

“Even before Brexit, we had been remarkably busy but the need for fast, effective customs support which it has thrown up means that many more companies shipping goods into Europe are looking to partner with trusted logistics firms,” said Field.

“The amount of work which we’re seeing and the speed with which we’re able to deal with it has thoroughly vindicated our decision to invest in developing our own automated customs clearance system.

“Securing AEO status also underlines the integrity of what we already had. In the relatively short space of time since we received that certification, there has been a noticeable further rise in business.

“As well as reinforcing our standing with existing and prospective clients, it’s of immense help on a practical level, enabling us to ship goods even faster and with fewer complications.

“For a number of leading international brands, being AEO accredited is regarded as absolutely essential.”