PSP Worldwide Logistics London September 2025 - Page 9 of 21

Freight market report – August 2023

While much has been made of the impact of the peak season from Asia on sea freight rates, arguably the line’s capacity management is a bigger driver, with rising rates to the US and attempts to recover revenue from Asia…

Seize trans-Atlantic opportunities before market rebounds

Once the container shipping lines’ most steady and dependable trade-lane, and then their unexpected post-pandemic cash cow, the trans-Atlantic market has dropped dramatically and offers shippers a significant opportunity, but only if they act now, before the market rebounds. Spot…

HMRC extend export declarations move to CDS

The government has extended the timeline for businesses to be submitting export declarations on HMRC’s new Customs Declaration Service (CDS), which is replacing the legacy CHIEF system. The Customs Declaration Service has already replaced imports in the UK and we…

Fifth delay to EU food border checks

The UK Government has announced that post-Brexit checks on EU imported food and food products have been delayed for a fifth time and pushed back to end January 2024, however, with over a third of EU exporters unprepared, it may…

Freight market report – September 2023

The latest Drewry World Container Index is now 85% below its 2021 peak and 42% lower than the 10- year average, indicating a return to more normal prices. However, it remains 10% higher than average 2019 (pre-pandemic) rates. (more…)

Golden Week blanked sailings growing

Carriers are frantically cutting October sailings from Asia to Europe, to try and get capacity below demand levels, in a final attempt to support rates, before the start of the traditional slack season, because their next opportunity to significantly raise…

Freight market report; October 2023

Normal(ish) operations continue at most Israeli sea freight terminals, but a backlog of vessels is growing and while some airlines have resumed services to Israel, the industry is still exercising caution and charter requests are becoming increasingly harder to fulfil.…

Container shipping alliances under threat by EU

Container shipping line alliances will from next April no longer enjoy their 15 year exemption from EU rules against anti-competitive agreements, because the EU believes that it was no longer supporting small carriers as intended and it does not boost…