Blog – Page 3

Andrew Maley

News, News & Thought Leadership

Posted

December 20, 2024 at 1:26 pm

PGL Video Newsletter – December 2024

PGL had a great month of December. Take a look at some of the moving parts.

PGL sponsored the 4th Annual Freedom Mobility Foundation Golf Tournament.

Shoutout to PGL’s ORD Station for giving back to the community with Toys for Tots.

Plus, a recap of the key insights and events that impacted the supply chain in December.

Don’t forget to watch the Armed Forces Bowl happening Friday December 27! We wish you all a Merry Christmas and a Happy New Year. Happy Holidays from PGL, available 24/7/365.

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Andrew Maley

News, News & Thought Leadership

Posted

December 5, 2024 at 5:03 pm

PGL Video Newsletter – November 2024

PGL had a great month of November. Here’s a glimpse at some of the moving parts.

We partnered with MTU Maintenance and TALA to deliver unmatched support and innovation in the aerospace industry.

We honored those who have fought for our freedom on Veterans Day.

PGL was a proud sponsor of the seventh annual Spirit Open charity golf tournament, which raised over 1.2 million dollars benefiting the Spirit Airlines’ Spirit Charitable Foundation.

We are also proud to sponsor the 2024 Lockheed Martin Armed Forces Bowl! Tune in on Friday December 27th for a great football matchup.

Plus, a recap of the key insights and. Events that impacted the supply chain in November.

Thanks for watching! We’ll see you next month and, as always, PGL is here 24/7/365. #GoPGL

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Andrew Maley

Industry Insights, News, News & Thought Leadership, Publications

Posted

December 3, 2024 at 6:20 pm

Supply Chain Industry Insights – November 2024

Industry Insights

November 2024

By PGL

Welcome to the PGL Industry Insights report for November 2024.

We start this month’s report with news that the Environmental Protection Agency’s Clean Ports Program has awarded 3 billion dollars to 55 ports across 27 states to secure new electric drayage trucks and cargo handling equipment, as well as the changing infrastructure to accommodate the new additions. This effort should make ports more efficient and have a positive impact on the environment.

In labor news, on November 14th the Canada Industrial Relations Board ordered all parties to resume operations after the International Longshore and Warehouse Union Ship & Dock Foremen union began a November first strike, followed by a subsequent lockout. A binding arbitration process is underway to resolve outstanding issues.

In the Boeing strike, the International Association of Machinists and Aerospace Workers union ended labor stoppage after 53 days with the approval of a new contract.

As we’ve reported before, 2024 is shaping up to be a strong year for intermodal freight, as according to a recent report from the Association of American Railroads, 2024 intermodal volume is up 9% over last year.

The benchmark diesel price dropped again this month, reaching its lowest point in over three years, just below the $3.50 mark.

The futures market remains undecided on the heels of a Trump presidential win, but expectations of decreased regulation and an intention to “drill baby drill” may keep prices low.

That’s it for this month’s report. Subscribe to our channel to make sure you get the latest supply chain insights. As always, PGL will be here to keep you informed 24/7/365.

Follow us at @shipPGL and visit our website at www.shipPGL.com.

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Dalton Wolf

News, News & Thought Leadership, Press Releases

Posted

November 5, 2024 at 7:35 pm

PGL Partners with MTU Maintenance and TALA Aerospace to Launch New Fort Worth Warehouse Operations

PGL Partners with MTU Maintenance and TALA Aerospace to Launch New Fort Worth Warehouse Operations, Enhancing Global Aerospace Logistics

Irving, Las Colinas, Texas – October 24, 2024 | Perimeter Global Logistics (PGL) has partnered with MTU Maintenance Lease Services B.V. (MLS) and TALA Aerospace to launch a new spare parts warehouse located at MTU Maintenance’s facility in Fort Worth, Texas. PGL will manage day-to-day operations of the new warehouse, providing vital logistical support to streamline the supply chain for MTU’s global Maintenance, Repair, and Overhaul (MRO) services.

The new Fort Worth warehouse is designed to optimize the supply of critical spare parts for popular aircraft engines, including the CF6-80, CFM56, GE90-110/115B, and V2500 models. Strategically positioned in a key cargo hub, the facility will play a crucial role in fulfilling urgent material requests for engine operators across the Americas and Europe, ensuring rapid response times and minimal downtime for MRO services.

“This facility is a game-changer for our logistical network,” said Patrick Biebel, Managing Director of MTU Maintenance Lease Services. “With PGL overseeing daily operations, we’re now equipped to dispatch spare parts across continents within 24 hours or less, providing crucial stability for our global MRO operations.”

PGL, a U.S. member of The Aerospace Logistics Alliance (TALA), brings a wealth of expertise in managing complex aerospace logistics. The successful setup and operation of the Fort Worth warehouse are driven by PGL’s dedicated team, supported by TALA’s Engine Logistics Teams, led by Rob Droog. Their combined leadership in this new venture further strengthens the partnership with MTU Maintenance and TALA, providing comprehensive logistical support that is critical to MTU’s expansion plans in the American market. With their 24/7 support and deep industry knowledge, PGL, TALA, and MTU ensure seamless operations and high-quality service, reflecting their shared commitment to excellence in managing complex logistics requirements for MTU Maintenance Lease Services (MLS).

Rajan Sobhani, President of PGL, expressed his enthusiasm for the collaboration: “We are proud to partner with MTU Maintenance and TALA Aerospace on this transformative project. The Fort Worth warehouse exemplifies PGL’s dedication to supporting our clients’ growth and delivering world-class logistics solutions. With our combined expertise, we can ensure seamless, round-the-clock operations and provide exceptional service to MTU’s global network.”

The collaboration between MTU Maintenance, TALA Aerospace, and PGL is built on a strong foundation of previous successful projects, particularly in the transport of lease engines and engine stands. This new partnership further enhances PGL’s capabilities in the aerospace logistics sector, supporting MTU’s growth strategy and ensuring that essential parts can be delivered to customers promptly and efficiently.

As MTU Maintenance continues to expand its global footprint, with plans for a third warehouse in China by 2025, PGL remains a trusted partner in managing the complexities of global logistics and providing the support necessary to meet growing demand in the aviation industry.

About Perimeter Global Logistics (PGL)

Perimeter Global Logistics (PGL) is a leader in global logistics management, providing time-definite transportation and full enterprise logistics solutions. As a small woman-owned business, PGL leverages its expertise in aerospace logistics to support partners like MTU Maintenance and TALA Aerospace, offering end-to-end solutions that ensure operational excellence and efficiency. PGL is committed to driving innovation and delivering results across a global network.

Contact PGL today to explore how our comprehensive logistics services can meet your business needs and propel you towards success. Let us help you navigate the complexities of global logistics and achieve sustainable growth.

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Andrew Maley

News, News & Thought Leadership

Posted

November 1, 2024 at 7:07 pm

PGL Video Newsletter – October 2024

PGL had an exciting month of October, full of growth and new connections! Here’s a peek at what we’ve been up to:

We kicked off the month by celebrating National Trucker Appreciation Day – a big shoutout to the truckers who keep things moving!
PGL was honored to sponsor the Annual “Tee It Up For The Troops North Texas Golf Tournament” in Farmers Branch, TX, in support of our veterans.
Our team also joined industry leaders at MRO Europe, building connections and staying on top of the latest in our field.
And we’re making major strides in warehousing! We expanded our Grand Prairie, TX location with an additional 100,000 square feet of space and teamed up with MTU Maintenance to open their brand-new warehouse in Fort Worth, TX.
Plus, a recap of the key moments that impacted the supply chain in October.

Thanks for watching! We’ll see you next month and, as always, PGL is here 24/7/365. #GoPGL

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Andrew Maley

Industry Insights, News, News & Thought Leadership, Publications

Posted

October 31, 2024 at 6:38 pm

Supply Chain Industry Insights – October 2024

Industry Insights

October 2024

By PGL

Welcome to the PGL Industry Insights report for October 2024

The month had a turbulent start with the International Longshoremen’s Association East and Gulf Coast dockworkers strike that began on the first of October. Work quickly resumed on October 3rd as a tentative agreement was reached between the ILA and United States Maritime Alliance with 61% pay raise and contract extension for the 45,000 dock workers. Talks will continue to resolve outstanding issues that will hopefully be sorted out and ratified by union members by the January 15, 2025 deadline.

The promised heavy storm season is certainly delivering, with Hurricanes Helene and Milton storming the East coast in quick succession. These storms provided the expected hardships of fuel shortages, flight cancellations and general mayhem for the logistics industries. Rail was particularly hard-hit, forcing the closure of the Norfolk Southern Line into Asheville, North Carolina for at least 3 months to rebuild after Hurricane Helene, and 10 ports in Florida and Georgia were forced to temporarily close after Hurricane Milton.

On the West coast, the Port of Los Angeles saw record volume in September of over 950,000 TEUs in September, a 27% increase over last year, leading to an all-time volume high of over 2.8 million TEUs in the third quarter. Experts point to rising consumer confidence and shippers avoiding the Suez Canal as main contributing factors to this boom.

The benchmark diesel price experienced one of its biggest yo-yo months in recent memory with a large spike early in the month and projected higher futures, followed swiftly by the largest one week drop in almost a year. Continued high production in the US as well as speculation that OPEC will increase production in 2025 are contributing to the price drop.

That’s it for this month’s report. Subscribe to our channel to make sure you get the latest supply chain insights. As always, PGL will be here to keep you informed 24/7/365.

Follow us at @shipPGL and visit our website at www.shipPGL.com.

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Dalton Wolf

News, Press Releases

Posted

October 14, 2024 at 11:54 am

Press Release: PGL Expands Warehouse Capacity in Grand Prairie, TX

PGL is pleased to announce the expansion of our Grand Prairie, TX, warehouse operations with the addition of 100,000 square feet of new space. This brings our total warehouse capacity to 400,000 square feet, further enabling us to serve our clients with enhanced storage and logistics capabilities. The new space is climate-controlled and designed to meet the growing demands of our customers while improving the security of our entire facility and truck yard.

This expansion aligns with PGL’s ongoing commitment to growth, both professionally and physically. By increasing our footprint, we are not only adding capacity but also increasing our operational efficiency and flexibility, allowing us to continue providing reliable, best-in-class logistics solutions.

Interested in filling this space? Fill out the form below to connect with a representative at PGL.

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Andrew Maley

News, News & Thought Leadership

Posted

October 2, 2024 at 7:54 pm

PGL Video Newsletter – September 2024

PGL had a great month of September. Take a look at some of the moving parts.

We celebrated Labor Day and World Maritime Day.
PGL sponsored the Freeman Golf Tournament in Chicago as well as Tee It Up For The Troops in North Texas.
Please help us welcome Kris Rostan, PGL’s new Director of Commercial Strategy and Operations.
Plus, a recap of the key moments that impacted the supply chain in September.

That’s it for now. We’ll see you next month and, as always, PGL is here 24/7/365.

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Andrew Maley

Industry Insights, News, News & Thought Leadership, Publications

Posted

October 1, 2024 at 7:42 pm

Supply Chain Industry Insights – September 2024

Industry Insights

September 2024

By PGL

Welcome to the PGL Industry Insights report for September 2024

We start with news about the the benchmark diesel price used to calculate most fuel surcharges, which rose last week for the first time in 10 weeks, with the price rising to just over $3.50 per gallon, still well below the 4 dollar mark where the price usually hovers over the last few years.

In Asia, the typhoon season has been more destructive than normal, having significant impact on port operations. The Atlantic Ocean and Gulf of Mexico are in for a continued rough season as well, as we soldier on through a season that’s been forecasted to be tougher than most. For example, the World Trade Bridge in Laredo, Texas, the busiest U.S.-Mexico commercial crossing in the nation was forced to shut down temporarily on September 14 due to hurricane Francine causing a roof collapse in the customs area and Hurricane Helene has beared down on Florida and the East coast just this weekend.

In labor news, International Longshoremen’s Association East and Gulf Coast dockworkers are threatening to strike on October 1st. Bargaining talks broke down months ago, and at the time of this recording, talks have still not restarted.

On September 18, the US Department of Justice filed a claim for over $100 million against the owner and operator of the Dali, the container ship that struck the Francis Scott Key Bridge in March. A DOJ representative described the incident as “an entirely avoidable catastrophe”.

Continued hostility in the Red Sea is having a dramatic impact on insurance rates, especially for vessels with ties to the US, UK and isreal. Some coverage is available, but insurance companies are becoming more selective and imposing rising costs and restricted options for shipowners.

In Intermodal news, US rail is performing well with container and trailer volume up 13.% year over year. You’ve just taken a big step to being more informed.

Subscribe to our channel to make sure you get the latest supply chain insights. As always, PGL will be here to keep you informed 24/7/365.

Follow us at @shipPGL and visit our website at www.shipPGL.com.

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Andrew Maley

News, News & Thought Leadership

Posted

September 5, 2024 at 1:27 pm

PGL Video Newsletter – August 2024

PGL had a great month of August. Here’s a glimpse at some of the moving parts.

– We celebrated National Aviation Day and attended the ACPC in Dallas, Texas.

– Check out our latest Warehouse Walk with Dalton Wolf as he highlights PGL’s hospitality services with Global Sales Executive, Natalie Cannon.

– Plus, a look at the key insights and events that shaped the supply chain in August.

That’s it for now. We’ll see you next month and, as always, PGL is here 24/7/365.

Stay tuned for next month’s update! #shipPGL

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Andrew Maley

Industry Insights, News, News & Thought Leadership, Publications

Posted

September 5, 2024 at 1:00 pm

Supply Chain Industry Insights – August 2024

Industry Insights

August 2024

By PGL

Welcome to the PGL Industry Insights report for August 2024

The Houthi-rebels have struck again. Sounion, a Greek-flagged oil tanker carrying 150,000 tons of crude oil across the Red Sea, exploded when Houthi rebels attacked on August 21, with fires still visible almost two weeks later, sparking fear of environmental disaster. If a spill occurs, it could be the worst oil spill in history. The Sounion is the third vessel operated by Athens-based Delta Tankers to come under Houthi attack this month. The militants said Delta Tankers had violated their ban on “entry to the ports of occupied Palestine”. The Houthis continue to target tankers, with two hit with ballistic missiles and a drone on Monday.

August has brought a surge in ocean freight rates, driven by an early peak season demand, coupled with congestion and ongoing labor issues at major ports. Despite shipping lines rolling out new vessels, the capacity is struggling to keep pace. Initially, rates are expected to stay high, but there’s some good news on the horizon – they might start to ease as the month progresses.

In Europe, we’re seeing strong import growth, particularly from China, fueled by the e-commerce boom. However, while rates from Asia to Europe remain steep, rates from Europe to other regions have seen a decline. Plus, new inland infrastructure developments in the UK are set to enhance supply chain efficiency, especially with the opening of Maersk’s inland container depot in the Midlands Freeport Zone.

But it’s not all smooth sailing – geopolitical tensions, particularly in Ukraine and the Middle East, and an above-average hurricane season in the Atlantic pose significant risks to the supply chain. These could lead to delays and increased costs across the board.

On the labor front, an order was issued on August 24 from the Canada Industrial Relations Board imposing binding arbitration between the Company and the Teamsters Canada Rail Conference. This action voided the pending strike and requires that no labor stoppage can occur during the arbitration process.

Those in the trucking industry also face some challenges. Driver shortages and rising fuel costs are driving up transportation expenses and causing delays. New emissions regulations are pressuring companies to upgrade their fleets, but the high costs and slow adoption of automation and electric vehicles are adding to the strain.

As of today the diesel benchmark price has remained steady at $4.2 per gallon, following a significant increase from last week. This stability contrasts with recent volatility in the futures market, where ultra-low sulfur diesel prices saw fluctuations.

In a landscape as complex as this, staying agile and well-informed is key. Subscribe to our channel to make sure you get the latest supply chain insights. As always, PGL will be here to keep you informed 24/7/365.

Follow us at @shipPGL and visit our website at www.shipPGL.com.

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Andrew Maley

News, News & Thought Leadership

Posted

July 31, 2024 at 1:48 pm

PGL Video Newsletter – July 2024

PGL had a great month of July. Here’s a glimpse at some of the moving parts.

– PGL sponsored the 2024 EAF Auction and Golf Tournament, the 4th Annual Southwest Airlines MDW Tech Ops Charity Golf Outing for Caring Patriots, and Ronald Mcdonald House for Kids.

– Check out our first Warehouse Walk with Dalton Wolf as he discusses PGL Recruiting with VP of sales development, Blake Fletcher.

– Plus, a recap of the key moments that impacted the supply chain in July.

That’s it for now. We’ll see you next month and, as always, PGL is here 24/7/365.

Stay tuned for next month’s update! #shipPGL

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PGL Video Newsletter – December 2024

PGL Video Newsletter – November 2024

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