PSP Worldwide Logistics London September 2025 - Page 12 of 21

Freight market report – May 2023

Capacity utilisation had remained high from Asia, primarily due to blank sailings and a slight recovery in cargo, but utilisation levels slipped due to China’s Golden Week holidays and while global air freight capacity was up 15% last month, rate…

New Heathrow ‘sensitive’ cargo handling facility

The opening of IAG Cargo’s ‘New Premia’ facility and the addition of critical cargo handling capability at our local airport will offer greater efficiencies for temperature sensitive consignments. The New Premia incorporates IAG Cargo’s state-of-the-art Constant Climate Quality Centre, which…

US West Coast deal agreed, but East Coast facing own challenges

Industrial actions by ILWU locals in the Pacific Northwest and Southern California, which lasted a week, were lifted on Monday and after Whitehouse intervention a new contract agreement has been announced, but Panama Canal navigation restrictions are impacting vessels serving…

North American supply chain latest

While it looks like a strike has been avoided on the US West Coast, further up the coast, ILWU Canada are due to strike in Saturday, which will impact Vancouver and cargo destined for the US Mid-West, while the Panama…

Freight market report – June 2023

While Europe’s GDP growth is projected to slow to 0.7% in 2023, record volumes of new ships are joining a global fleet, which is sailing at ever slower speeds, as the shipping lines attempt to absorb additional capacity, by diminishing…

Government move CDS export deadline

After industry consultation HMRC has extended the deadline for exporters to move across to the UK’s new digital customs platform, Customs Declaration Service (CDS), from April to November. The extension will provide more time for delivering and testing critical functionality,…

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…

Shipping lines cancel a quarter of sailings from China

In the pre and post-Chinese New Year (CNY) period, from 1st January to 17th February, Alphaliner has calculated that the three big carrier alliances plan to skip 27% of their originally scheduled Asia – Europe sailings. In a normal year,…