News

January 2, 2025

How PNG Logistics Co. Minimizes LTL Freight Costs in 2025

The US less-than-truckload (LTL) freight market is gearing up for a surge in demand in 2025. As major LTL carriers…

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December 30, 2024

Red Sea Crisis Reshapes Asia-Europe Shipping Dynamics: Challenges and Implications for 2025

The ongoing Red Sea crisis is significantly affecting service levels, rates, and relationships in the Asia-Europe shipping trade. The rerouting…

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December 27, 2024

Shipping Rates Surge Amid Pre-Lunar New Year Rush

US retailers will begin the new year paying spot rates not seen since the peak shipping season in August as…

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December 24, 2024

Navigating Ocean Transportation Challenges: PNG Worldwide’s Strategic Solutions

As the New Year begins, the global shipping industry faces significant challenges that will reverberate across supply chains worldwide. Among…

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December 16, 2024

Trump Backs ILA in Port Automation Debate

President-elect Donald Trump has intervened in the ongoing contract negotiations between the International Longshoremen’s Association (ILA) and maritime employers, expressing…

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December 11, 2024

Diesel Prices Hit Three-Year Low Amid Market Uncertainty

The benchmark diesel price used for most fuel surcharges has fallen to its lowest level since October 2021. With a…

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December 1, 2024

Stricter EU Decarbonization Policies to Drive Up Shipper Costs, Warn Carriers

Carriers have issued a stark warning to shippers, signaling that the cost of complying with new European Union (EU) environmental…

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November 25, 2024

Navigating the New Era of LTL Pricing: How Industry Changes Impact Shippers

The largest general rate increase (GRI) in the less-than-truckload (LTL) sector this year was implemented by Saia, which raised its…

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October 4, 2024

U.S. Dockworkers Secure 62% Wage Hike in Historic Agreement, Ending Three-Day Strike and Averting Major Supply Chain Disruption

The recent resolution of the labor dispute between the International Longshoremen’s Association (ILA) and port operators marks a significant shift…

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October 3, 2024

Hurricane Helene Strains Truck Capacity as Rebuilding Begins

The devastation caused by Hurricane Helene is expected to create ripples throughout US supply chains, tightening truck capacity, as efforts…

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