PSP Worldwide Logistics London News Archives - Page 10 of 13

US west coast shippers need to prepare

Contract negotiations between the ILWU, which represents nearly 14,000 port workers and the Pacific Maritime Association (PMA), on behalf of shipping lines and terminal operators at 29 west coast ports, will begin on the 12th of May, against a backdrop…

Shanghai in lockdown after COVID surge

After recording 2,630 new COVID cases on Saturday, Shanghai started a nine-day lockdown yesterday, which will be conducted in two stages, so that half the city will remain functioning while authorities carry out infection testing. (more…)

Ukraine War’s impact on supply chains expands

Air freight capacity from Asia has shrunk by 22% in a week, rail freight services have been suspended and sea freight bunker surcharges are expected to spike, with crude oil more than double the price at the beginning of the…

China lockdowns and supply chain impact

On Sunday Shenzhen entered a seven day lockdown and earlier today authorities in Langfang, which borders Beijing and Dongguan in the southern province of Guangdong were locked down for a week, while the entire province of Jilin has been placed…

SUPPLY CHAIN ALERT AND RECOMMENDATIONS: UKRAINE CONFLICT

We are closely the evolving situation and evaluating the wider supply chain impact of the sanctions and restrictions that are being imposed on the Russian regime. With so much uncertainty and ‘Force Majeure’ being called by insurers, carriers and other…

Empty container threat to supply chains

When bottlenecks and disruption finally ease and global supply chains finally start to return to some form of normality, which many hope to see in the second half of the year, the transition may result in yet another problem –…

World’s biggest container line to focus on largest shippers

One of the world’s leading container shipping lines, Maersk, has decided to focus on its largest volume customers, in a move that leaves many smaller shippers potentially exposed. It has been widely reported across the trade press, that Maersk has stopped…

China freight market update

The critical Chinese port of Ningbo has returned to normal operation, while trucking operations in Shenzhen and Tianjin are now facing interruptions, due to COVID testing of drivers and Hong Kong air crew quarantines have slashed air cargo capacity. (more…)