PSP Worldwide Logistics London News Archives - PSP Worldwide Logistics London

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…

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 – 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…

Air freight market in 2023

The global air freight market is facing a myriad of challenges in 2023. With high inflation impacting many trading nations, demand and therefore, volumes, remain subdued and with any significant economic recovery not anticipated before the 3rd quarter, volumes are…

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,…

Freight market report – January 2023

Our first freight market report of 2023 provides multi-modal situation updates and insights, together with China and carrier updates, that will provide you with critical insights for the weeks ahead. (more…)

US West Coast ports cancel container dwell fee

15 months after announcing a dwell fee for every container left on their terminals for more than nine days, the ports of Los Angeles and Long Beach have not levied the charge and have now announced that it will disappear…