News

The latest industry news and PSA BDP Happenings from across the globe.

May 9, 2025

newswatch

Heightened tensions between India and Pakistan have begun to significantly disrupt regional trade, as major global shipping lines suspend services to Karachi Port and reroute cargo to alternative points.

May 9, 2025

tariffs

President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world’s two largest economies.

May 8, 2025

tariffs

The United States and Britain will announce a deal to lower tariffs on some goods on Thursday, the first such agreement since U.S. President Donald Trump sparked a global trade war with universal levies.

May 7, 2025

tariffs

Officials representing the Chinese and U.S. governments have agreed to meet in Switzerland to negotiate over tariffs, in hopes of easing the impacts of an ongoing trade war that has strained supply chains and panicked global markets.

May 6, 2025

press release

PSA BDP, a leading global logistics and supply chain solutions provider, has announced the acquisition of a majority stake in ED Forwarding, a Mexico-based logistics solutions provider.

May 6, 2025

tariffs

The United Kingdom and India struck a bilateral trade agreement Tuesday, lowering tariffs on key exports such as U.K. whisky and cars, amid a global trade war initiated by the United States.

May 5, 2025

tariffs

China said Friday it was weighing starting talks with the U.S. to halt a trade war, but only if Washington shows sincerity through concrete measures such as by canceling tariffs against Beijing.

May 1, 2025

tariffs

The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a “tariff exclusion process” in order to keep the U.S. economy from falling into a recession and inflicting “irreparable harm” on small businesses.

April 29, 2025

tariffs

President Donald Trump is set to sign an executive order on Tuesday to​ ease auto tariffs, White House press secretary Karoline Leavitt announced, the latest abrupt shift in a rapidly changing tariff policy that has left businesses scrambling to keep up.

April 28, 2025

newswatch

Brussels Airport, Belgium's main international flight hub, will cancel several flights on Tuesday, while Charleroi Airport plans to suspend all departures the same day due to a nationwide strike over the new government's austerity policies.