PSP Worldwide Logistics London News Archives - PSP Worldwide Logistics London

Carriers fear delays and equipment shortages

Congestion in North Europe’s major ports will reach “critical” levels over the next four weeks as container terminals work through the backlog of ships delayed by the six-day Suez Canal closure, shipping lines have warned. (more…)

The blocked Suez Canal will trigger more than delays

In addition to triggering renewed port congestion, the grounding of Evergreen’s Ever Given, may indirectly lead to surcharges, price pressures and blanked sailings. The 20K TEU Ever Given ran aground in the Suez Canal on Tuesday morning and efforts have…

Importers missing out on cashflow benefit

Postponed VAT Accounting (PVA) was devised ahead of Brexit, to avoid the negative cash flow impact of an additional VAT bill at the EU/UK border, but the simplification is not limited EU shipments and offers potential cost savings and cashflow…

Government announce Brexit border control delay

In a critical development for many importers, Michael Gove informed Parliament today that the UK will be delaying the roll out of its second and third phases of post-Brexit border procedures. (more…)

Market report (wk 8)

Managing supply chains is always challenging and over the last year you have been challenged more than ever, which is why we have simplified compliance solutions for deliveries into the EU and continue to provide air freight services from Asia…

Heathrow cargo strike averted

British Airways employed cargo handlers at London Heathrow Airport were due to resume strike action today over pay and conditions, but have agreed to call off the first three days of strike action. (more…)

Hope for Asia rates, space and equipment

The announced Chinese New Year blank sailings are noticeably lower than in previous years, raising hopes that the lines are concentrating on repositioning empty equipment, which will increase capacity and may lead to some rate reductions. (more…)

Tax traps threaten European supply chains

While Dover may remain quiet, the delays are taking place at loading points and the half-dozen inland border facilities that are discharging and issuing transit documents for drivers arriving and departing for mainland Europe. (more…)