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 […]
Ever since the emergence and rise of the automobile during the 1920’s, America has increasingly relied on the building of highways for both personal transportation as well as industry advancement. The federal Highway Trust Fund was initially created in the United States beginning in 1956 to finance the Interstate Highway System. This fund currently receives […]
If you are looking to ship heavy engines or transmissions one if the first things to do is to properly classify the product. Let’s look at Engines: Most Engines will move under NMFC 120800 in which the class is calculated off of release value and how the product is packaged. If you are shipping a […]
Below are three events that are occurring in the area of India logistics currently. 1. Competing for ONGC Contract Several Indian Ocean Lines are competing for a 20 year contract with the Oil and Natural Gas Corporation (ONGC) which is owned by the state. The deal is expected to be worth 1.2 billion […]
A chassis is a special trailer or undercarriage used to transport ocean containers over the road. The United States is the only large market where ocean carriers own and provide chassis to truckers to move containers. Several years ago, Maersk was the first ocean line to announce the decision to end its ownership of chassis. […]
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.
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