What do Netflix and Amazon have to do with the trucking industry? It turns out that a few strategies are similar between them. A report came out that speculates that Amazon actually loses money on every single Kindle Fire tablet that is sold. The hope is that people will buy more products that will then […]
We are heading down the home stretch into the final quarter of a year. Here are some highlights of what is happening in LTL. One highlight of 2014 is that many LTL carriers are enjoying an increase in year over year tonnage growth each quarter this year with the strongest growth posted in the 1st […]
It seems like when one carrier raises rates they all follow suit. Let’s take a look at the breakdown of the rate increases and answer the big questions. Q. Who will this LTL rate increases effect? A. All non-contractual rates so, in this aspect around 20% of the carrier’s clients who are not under contract […]
On October 3, 2014 the Automated Export System begun to reject shipments which do not contain the new data elements which were implements under the new Foreign Trade Regulations (FTR) Export Requirements. Exporters should ensure that their systems are ready to comply with the new requirements. Highlights of the changes to the FTR include: Postdeparture […]
Staying up to date with transportation pricing not only helps you in the present, but it also can help you with forecasting. Here are some trends in pricing in the transportation industry currently. Trucking The trucking industry saw a 1.1% drop in average pricing in June. This was the first decline in price after […]
What is happening with General Rate Increases in 2015? In years past when an LTL carrier announced a general rate increase they would put out a press release, especially if the company was publicly traded. LTL carriers would also put the […]
It has been made known that driver turnover rates are fairly high considering the difficult nature of the career path. However, the turnover rates have continued to rise as the shipping industry has begun to recover, which could mean concerns of limited capacity and higher rates. The American Trucking Association (ATA) has reported that the […]
California is enacting stricter standards for LTL shipments. Higher regulatory requirements and employee re-classifications raises costs. Mainstream articles are reporting that new fees will apply to shipments moving in and out of California: California Compliance Surcharge are being added to offset the state’s higher operating costs and stricter regulations. The surcharge (for now) does not […]
It is estimated that Americans will spend $1.42 billion dollars online on Cyber Monday, which is a 14% increase over last year. These numbers show that E-commerce is a growing trend, and it is crucial for businesses to have customer-friendly E-commerce tools. PNGLC already works with several E-tailers helping them manage their Less than Truckload […]
When has more funding for anything not been good news? This time its good news for US ports. The Transportation Department awarded $760 million of freight-oriented FASTLANE grants on July 6 that will help fund 18 freight mobility projects in 16 states. The money from the grants will be used to help alleviate congestion at […]
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