While 2011 was a good year for shippers of international freight across the industry, you can expect some rate increases for ocean freight in 2012. Falling Rates Last year people noticed falling rates on imports from China as well as some other key lanes due to a variety of international shipping factors. One of […]
The American Trucking Association (ATA) has seen significant increases already in 2013 with the best January tonnage report in five years. The For-Hire Truck Tonnage Index showed a 2.9% increase in January after an increase of 2.4% in December as well. Increases are a good sign since the trucking industry tends to serve as a […]
We covered UPS GRI schedules in the past see our original UPS FREIGHT GENERAL RATE INCREASES THROUGH THE YEARS blog for a breakdown. If you weren’t paying close attention to the latest announcement from UPS (United Parcel Services) you might have missed that UPS Freight LTL rates are going up. Most of the buzz around […]
by Jennifer Smith wsj.com A nationwide truck shortage is forcing thousands of shippers into a tough choice: postpone all but the most important deliveries, or pay dearly to jump to the front of the line. Michelin North America Inc. cut its daily shipments of synthetic rubber from one plant by a fifth earlier this month […]
Unfortunately, current ocean freight rates are below the required level for ocean lines to cover basic operating and transportation costs for sea freight. Some ocean lines have already implemented general rate increases from Europe, the Far East, and Africa in order to recover losses from 2011. Starting in March, 2012 many more ocean lines […]
Retailers have had to make the shift in the last few years from calculating freight class based on value to calculating freight class based on density. Below is some helpful information about correctly classifying your retail freight to avoid unnecessary expenses and delays. Determine Density Since density plays a key role in determining freight […]
What exactly is a volume shipment? We have all heard of the terms less than truck load and truck load. A volume shipment is somewhere in between the two. This generally happens when you have a shipment of 6 pallets or more weighing greater than 5,000 lbs. and taking up more than 12 linear feet […]
Every company is looking to keep their freight costs low and have their shipments arrive without damage and on time. These 3 goals are crucial to keeping any business running smoothly; however, these are the 3 areas that suffer when a company chooses to go with preferred routing guides. Some businesses with come […]
It is not surprising that fuel is a major part of a trucking company’s operating margin. A little over a third of a trucking company’s cost per mile goes directly toward fuel. The trucking companies that are best able to control these costs, along with reliable service, will be best poised as the trucking industry […]
PNG Logistics is a full service Third Party Logistics (3PL) company that has helped hundreds of clients to lower their freight costs and increase shipping efficiencies. Our service is highly personalized and every shipment we handle is managed by an experienced logistics expert with our clients' best interest in mind.
In addition to enhanced service and peace of mind, PNG clients typically enjoy freight cost savings from 10% to 40% compared to their current transportation and shipping costs.
What might you save?
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