News

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

February 25, 2022

ukraine crisis

With a military intervention in Ukraine off the table for now, countries around the world looked to heap more financial punishment on Moscow, including the European Union’s approval of an asset freeze on Russian President Vladimir Putin and Foreign Minister Sergey Lavrov.

February 24, 2022

ukraine crisis

President Joe Biden unveiled harsh new sanctions against Russia on Thursday after Moscow launched an all-out invasion of Ukraine, imposing measures to impede Russia's ability to do business in the world's major currencies along with sanctions against banks and state-owned enterprises.).

February 23, 2022

ukraine crisis

Several European airlines have suspended or reduced flights to Ukraine as tensions mount over a possible Russian invasion of the country.

February 23, 2022

On March 1, 2022, Egypt will require all importing to be processed under a Bank Letter of Credit. This is an important change and companies will need to adhere to the new regulation.

February 22, 2022

A suspected cyber-attack of the management information system (MIS) has crippled the container terminal run by the state-owned port authority at Jawaharlal Nehru Port on Monday.

January 31, 2022

industry insights

Terminal and port congestion in Genoa, Italy has significantly increased due to backlogs of containers and truckers operating at only 50%.

January 13, 2022

press release

BDP International (BDP), a leading privately-held global logistics and transportation solutions company, has today announced three key office locations have achieved Center of Excellence for Independent Validators (CEIV) in pharmaceutical logistics certifications from the International Air Transport Association (IATA).

December 18, 2021

Heavy rainfall and flash floods since yesterday have severely affected port operations at Port Klang’s terminals at Northport, Westports and Southport, said the Port Klang Authority (PKA).

December 1, 2021

tradewatch

Effective Wednesday, December 1, 2021, the Mexican Tax Authority "SAT" will begin a trial enforcement without liability of the waybill information, Carte Porte, with full implementation going into effect on January 1, 2022.

November 30, 2021

press release

PSA International Pte Ltd (“PSA”), a leading global port group and trusted partner to cargo stakeholders, has signed an Agreement to acquire 100% of the shares of privately-held BDP International, Inc. (“BDP”) – a leading provider of global integrated supply chain, transportation and logistics solutions – from New York-based private equity firm Greenbriar Equity Group, L.P. (“Greenbriar”).