News
January 2, 2025
How PNG Logistics Co. Minimizes LTL Freight Costs in 2025The US less-than-truckload (LTL) freight market is gearing up for a surge in demand in 2025. As major LTL carriers…
December 30, 2024
Red Sea Crisis Reshapes Asia-Europe Shipping Dynamics: Challenges and Implications for 2025The ongoing Red Sea crisis is significantly affecting service levels, rates, and relationships in the Asia-Europe shipping trade. The rerouting…
December 27, 2024
Shipping Rates Surge Amid Pre-Lunar New Year RushUS retailers will begin the new year paying spot rates not seen since the peak shipping season in August as…
December 24, 2024
Navigating Ocean Transportation Challenges: PNG Worldwide’s Strategic SolutionsAs the New Year begins, the global shipping industry faces significant challenges that will reverberate across supply chains worldwide. Among…
December 16, 2024
Trump Backs ILA in Port Automation DebatePresident-elect Donald Trump has intervened in the ongoing contract negotiations between the International Longshoremen’s Association (ILA) and maritime employers, expressing…
December 11, 2024
Diesel Prices Hit Three-Year Low Amid Market UncertaintyThe benchmark diesel price used for most fuel surcharges has fallen to its lowest level since October 2021. With a…
December 1, 2024
Stricter EU Decarbonization Policies to Drive Up Shipper Costs, Warn CarriersCarriers have issued a stark warning to shippers, signaling that the cost of complying with new European Union (EU) environmental…
November 25, 2024
Navigating the New Era of LTL Pricing: How Industry Changes Impact ShippersThe largest general rate increase (GRI) in the less-than-truckload (LTL) sector this year was implemented by Saia, which raised its…
October 4, 2024
U.S. Dockworkers Secure 62% Wage Hike in Historic Agreement, Ending Three-Day Strike and Averting Major Supply Chain DisruptionThe recent resolution of the labor dispute between the International Longshoremen’s Association (ILA) and port operators marks a significant shift…
October 3, 2024
Hurricane Helene Strains Truck Capacity as Rebuilding BeginsThe devastation caused by Hurricane Helene is expected to create ripples throughout US supply chains, tightening truck capacity, as efforts…