PSA BDP Blog
Coronavirus impacts the global supply chain, creating a number of escalating risks. What you need to know.
Blank sailings, demand drop could cost carriers a combined $1.9B; US manufacturing hit by coronavirus but maintains growth; Brexit was tough - the next 10 months look no easier
Revenue concerns spread outside China with coronavirus cases; Coronavirus hits India's shipping, while empty containers get scarcer; Canada police move to clear rail blockade at Tyendinaga
For companies participating in the global flow of products and materials, the United States-China Phase One trade deal was welcome news. The January 15, 2020, start date kicks off a two-year period during which China will purchase an additional $200 billion worth of U.S. Farm products, good and services, more than doubling its 2017 total and earning it headliner-status among domestic news stories.
Carriers have pulled 1.67m teu of capacity out of China, costing $1.5bn; WTO predicts "weak" merchandise trade growth for early 2020; China's reefer cargo crisis worsens as carriers plan to abandon boxes
Neil Wheeldon, VP of Solutions, reviews the recent WEF meetings in Davos, Switzerland and touches upon some key takeaways for both the world at large and the world of supply chains.
87% of US businesses in China expect coronavirus to impact revenue; Europe-China air freight traffic overtakes China-Europe for the first time; U.K. mulls introduction of freeports
Michael Ford, VP of Government and Industry Affairs reviews the impending changes to the Harmonized Tariff System that will go into effect in January 2022.
Maersk, CMA CGM blank sailings as coronavirus spreads; America’s trade deficit with the EU reaches record $178 billion; British Ports Association concerned about Brexit comments
In the latest episode of Talking Trade, VP of Government and Industry Affairs Michael Ford reviews some excellent business practices for companies to have in place as they examine their overall import and export processes.
