 It now north of the River Axe as the course has been diverted, but on the Cheddar Yeo near the confluence.In 1324 Edward II confirmed it as a borough; however, by the end of the 14th century the port was in decline.In the 14th century a French ship sailed up the river and by 1388 Thomas Tanner from Wells used Rackley to export cloth and corn to Portugal, and received iron and salt in exchange.