PSP Worldwide Logistics London USA Archives - PSP Worldwide Logistics London

Cargo owners may face bill for Baltimore bridge collision

Shippers with cargo aboard the Dali face significant financial risks if, as looks increasingly likely, the shipowner declares “general average” due to the huge losses caused by the accident. General average refers to a legal principle in maritime law under…

Seize trans-Atlantic opportunities before market rebounds

Once the container shipping lines’ most steady and dependable trade-lane, and then their unexpected post-pandemic cash cow, the trans-Atlantic market has dropped dramatically and offers shippers a significant opportunity, but only if they act now, before the market rebounds. Spot…

North American supply chain latest

While it looks like a strike has been avoided on the US West Coast, further up the coast, ILWU Canada are due to strike in Saturday, which will impact Vancouver and cargo destined for the US Mid-West, while the Panama…

US West Coast deal agreed, but East Coast facing own challenges

Industrial actions by ILWU locals in the Pacific Northwest and Southern California, which lasted a week, were lifted on Monday and after Whitehouse intervention a new contract agreement has been announced, but Panama Canal navigation restrictions are impacting vessels serving…

UK SME’s favour the US

According to new research by the Federation of Small Businesses (FSB), the United States is favourite for 59% of exporting SME’s looking to trade outside the EU, with Australia 44% and Canada 36% following. The US is also the top…

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…)

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…

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…