End of de minimis could prove a boost for high-flyer Glasgow Prestwick

Having “huge” real estate has left Glasgow Prestwick Airport fortuitously positioned, following the EU termination of its de minimis exemption for low-value imports and UK planning a similar move. Since 1 July, EU-destined parcels valued at less than €150 are subject to a per category duty of €3 after the bloc’s removal of the exemption that had allowed surging volumes of cheap Chinese exports – t Read full article →