News - page 22

Shipments stepped higher again in November with freight expenditures continuing to surge, according to a Tuesday report from Cass Information Systems. The Cass Freight Index recorded a 4.5% year-over-year increase in shipments, up 2.6% from October seasonally adjusted. The expenditures component […]

There were 40 container ships waiting for berths within 40 miles of the ports of Los Angeles and Long Beach on Friday. But there were also 56 container ships waiting farther out to sea, putting the actual tally at an […]

Waco, Texas, headquartered motor carrier Central Freight Lines will close after nearly 100 years in operation. Trucking company Central Freight Lines Inc. will wind down its business in the coming weeks after failing to halt years of losses despite strong […]

After taking advantage of unexpected cost savings and profit windfalls caused by a historic pandemic, the trucking industry is already facing an uphill climb that could result in carriers closing shop. “With costs increasing in diesel fuel, driver compensation and […]

PNG would like to introduce a new feature to our TMS platform: The Lost Opportunity Report.  In the continuous process of improving our technology, we are always bringing new improvements to our customers.  Providing access to pertinent shipping data allows […]

Global supply-chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don’t expect a return to more-normal operations until next year and that cargo will continue to be delayed if Covid-19 outbreaks disrupt key distribution […]

With nearly all goods consumed in the United States moved by truck at some point in the supply chain, America’s trucking industry is considered the “lifeblood” of the national economy. According to the American Trucking Associations (ATA), every year trucks move […]

Transportation executives wrestling with the supply-chain gridlock that is frustrating U.S. importers say the ability to clear the bottlenecks rests largely on a simple piece of steel and wheels that has long been an afterthought in global shipping. The trucking […]

Increased use of airfreight by shippers trying to avoid clogged ports is adding pressure to overtaxed air capacity and sharply pushing up rates, especially out of Asia, but new data showing demand plateaued in October reinforces evidence that the traditional […]

Evidence is mounting that 2022 could be an annus horribilis for UPS Inc. shippers. Atlanta-based UPS said last week it will raise its 2022 U.S. tariff, or published, rates by 5.9%, effective the day after Christmas. However, the increase affects a […]