PSP Worldwide Logistics London Paul Kelly, Author at PSP Worldwide Logistics London

Freight market report – April 2023

Things have not been easy for the container shipping lines in recent months, but this appears to be changing, with full ships and stabilising spot rates, after months of rate erosion and abundant capacity. The International Air Transport Association (IATA)…

After four delays EU import checks will begin

Delayed checks on imports from the EU, which are legally required under the Brexit trade deal, will be introduced in three parts from October - subject to industry feedback. (more…)

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…

Freight market report – February 2023

Even as rates move back to pre-COVID levels and port congestion and delays clear away, our freight market reports and insights aid decision making and the avoidance of supply chain risk. The continued fall in global container freight rates that…

New Import Control System (ICS2) for air freight flying into or via the EU

The European Union launched their customs pre-arrival cargo information system called Import Control System in 2011 to collect data for goods entering the EU and from the 1st March 2023 pre-loading data reporting will be required for air cargo transported…