PSP Worldwide Logistics London News Archives - Page 16 of 19

Ningbo container terminal fully open after COVID closure

The Ningbo-Meidong container terminal fully reopens today (25th August) two weeks after it was closed due to a single positive COVID-19 case and one week after cargo operations resumed on a limited basis. (more…)

UK delays more Brexit border checks

Paperwork requirements due in October have been delayed and physical inspections of EU food imports due to start in January 2022 have now been put back to July 2022, with requirement to pre-notify border staff of arriving food products also been…

HGV driver crisis hidden for years

The shortage of truck drivers in the UK, which is now impacting the public directly, has been growing for the best parts of two decades, but has been largely hidden by the careful management of freight forwarders and the supply…

Chinese ports reopen after Typhoon Chanthu

Already struggling to deal with delays and heavy congestion, container terminals in Shanghai and Ningbo, closed as Typhoon Chanthu made landfall in Zhejiang province on Monday, also forcing the closure of Shanghai’s two airports. Ningbo’s container terminals, which were closer…

Shipping line reliability drops to all-time low

Despite continuing global demand and freight rates breaking all records, vessel schedule reliability hit an all-time low in August and 30% to 40% of liner deliveries are failing, but the shipping lines are not waiving port storage and demurrage charges.…

Air market update; May

IATA is predicting a positive outlook for air cargo demand and believes it will continue to improve as bellyhold services pick up, but with freighter capacity “maxed out” and travel restrictions likely to remain in place, it is unlikely much…

Sea market update; May

Sea freight demand from across China and Asia remains consistently strong, with rates at their highest ever levels and many sailings full into June, while continuing equipment shortages at many origins are likely to be exacerbated, as carriers cancel sailings,…

North American supply chains under pressure from labour disputes and potential tariff hikes

Ongoing strikes at key Canadian and US ports, combined with the potential for new trade tariffs following President Trump’s re-election, are expected to create delays, congestion, and higher freight costs in the months ahead. Canada’s west coast ports, including Vancouver…