PSP Worldwide Logistics London March 2023 - PSP Worldwide Logistics London

Exporters need to prepare for declaration and Certificate of Origin (CoO) changes

From 1st April 2023, any pre-printed COO’s which have the old International Chamber of Commerce (ICC) logo could be refused at any customs point as an invalid document, while export declarations will soon be made through the Customs Declaration Service (CDS) and…

New agreement with EU may signal end of Irish Sea border

Trade bodies and shippers have welcomed changes to the Northern Ireland Protocol contained in the ‘Windsor Framework’, that has been agreed in principal and announced by the UK and EU on the 27th February 2023. (more…)

Container shipping lines chase transatlantic revenues

While transatlantic revenues for the container shipping lines have fallen from their historic highs of last Spring, they remain far above comparable revenue on trade routes from Asia and the temptation to add more capacity is nearly always irresistible. (more…)

Freight market report – March 2023

Further pressure on freight markets will build as airline passenger capacity is added and the container shipping lines receive new-build vessels, but there are hopes that rate erosion may still ease, as rock-bottom prices are not good if carriers decide…