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News

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December 13, 2023 at 8:58 am

Cinemark – Case Study

When moving an entire theater worth of seats is too big of a job for an internal logistics team, you partner with the experts to make it happen.

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News

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December 1, 2023 at 7:14 pm

PGL Video Newsletter – November 2023

Welcome to the latest edition of the PGL monthly newsletter! In November, we attended the I/ITSEC in Orlando and celebrated a few holidays including the U.S. Marine Corps birthday, Veterans Day, Diwali, and Thanksgiving.

As the Official Logistics Partner of the Texas Rangers, we had the honor of shipping the World Series Trophy for the World Series Champs.

Plus, a look at our DHL Express services and some helpful tips.

Enjoy this recap of the month and in the meantime, PGL will continue to deliver peace of mind 24/7/365.

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Industry Insights, News, News & Thought Leadership, Publications

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November 30, 2023 at 8:19 pm

Industry Insights – November 2023

Supply Chain Industry Insights

November 2023

If you’ve been following our reports this year, one concept that will be familiar is the comparison of 2023 to pre-panedmic 2019. As we’ve noted several times, 2019 is not a “normal” that any of us would like to return to, as it was not a great year for the industry, but it has served as a good basis for comparison for what a post-pandemic world looks like. With that in mind, we have our first positive metrics that show a marked improvement over 2019 with October US imports up over 11% higher than in 2019.

While many carriers are benefitting from business transitioning away from the now-defunct Yellow Corporation, the great carrier correction isn’t over yet. Trucking capacity remains high after the industry built up fleets in 2021, and we can expect to see more carriers close up shop in the near future until trucking capacity is closer to demand.

With more tough near-term news for trucking, there are indicators that intermodal is staged for a resurgance. Due to infrastructure congestion, rail took a hit during the pandemic, but with that congestion easing, shippers are looking to intermodal to save on long haul truckload costs.

DHL Express has announced the completion of a 409 million dollar expansion of its central Asia hub in Hong Kong. This expansion increases the footprint of the facility by 50% to over half a million square feet. The hub is now able to process 6 times more shipment volume than it could in 2004 when the facility was first opened.

In our continued coverage of the drought in the Panama Canal, more disruptions are expected, and this has had an impact on shipments going straight to US Pacific coast ports, leading to dropping volume on the East coast.

Lastly, diesel benchmark pricing continues to defy expectations, with unseasonably low prices despite unrest in the middle east, OPEC volume caps and futures pointing up. The leading factor here seems to be an economic one, with interest rates high, the industry is reluctant to hang onto large inventories. At the moment, demand remains high and producers are meeting that demand. Many indicators are still pointing to rising diesel prices, but we aren’t there yet.

Trucking continues to face challenges, rail sees some growth, and imports are showing positive signs. Amidst all of these changes, PGL will continue to keep you informed and will keep delivering peace of mind, 24/7/365.

Follow us on social media at @ShipPGL

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News

Posted

November 1, 2023 at 1:55 pm

PGL Video Newsletter – October 2023

Welcome to the latest edition of the PGL monthly newsletter! In October, we attended NBAA BACE in Las Vegas and the LEVEL UP tradeshow in Universal City as well as celebrating the U.S. Navy birthday and Halloween.

We installed fully-customized, full-scope solutions for Spirit Halloween for this spooky season, detailed in our latest case study.

Plus, a look at our International Freight department with some helpful tips.

Lastly, a recap of the key insights and events that helped shape the supply chain industry this month.

Industry Insights on LinkedIn

Enjoy this recap of the month and in the meantime, PGL will continue to deliver peace of mind, 24/7/365.

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Industry Insights, News, News & Thought Leadership, Publications

Posted

October 27, 2023 at 6:21 pm

Industry Insights – October 2023

Supply Chain Industry Insights

October 2023

Welcome to the PGL Industry Insights report for October, 2023.

The UAW strike, now well over a month old not only continues, but is expanding as the Detroit big 3 automakers make adjustments in pursuit of a tentative agreement. According to economic analysts, Anderson Economic Group, projected losses from the strike have topped 7.5 billion dollars and the longer it goes on, the more suppliers may struggle to resume operation once the strike ends.

Container import volumes are showing some positive signs with steady increases since the February low and positive numbers relative to the pre-Covid conditions of 2019. As we’ve noted before, 2019 is not a great benchmark for defining “normal”, as it was not a great year for the supply chain industries, but as we search for some indication of what a post-panedmic reality looks like, current conditions do look like a good sign for international ocean freight. Further bolstering this cautious optimism, despite developments in near-shoring manufacturing to places like Mexico, Imports from China are showing more signs of recovery.

DHL Express has announced a rate increase of 5.9% on U.S. originating shipments to take effect on January 1, 2024. This rate increase is on pace with FedEx and UPS rate increases, though it’s worth noting that this year’s price bump is less significant than last year. If you’ve been considering engaging with a DHL Express Authorized Reseller like PGL, now is the time to start that conversation as purchasing power is extended to customers offering attractive discounts for international express service.

Diesel prices have continued to fall in October, but futures and uncertainty surrounding conflict in the middle east are driving futures higher, so we can expect this recent break in diesel pricing to reverse itself sooner rather than later.

In more news affecting North American Trucking, Q3 earnings are projected to be higher for carriers in the wake of the recent closure of Yellow Freight and other carriers. It appears that the the loss of some big players in the space is allowing the surviving LTL carriers to benefit.

It’s best to approach these positive indicators with cautious optimism, but good news is always more fun to report. As always, PGL will continue doing what we do best, delivering peace of mind, 24/7/365.

Follow us on social media at @ShipPGL

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News, News & Thought Leadership

Posted

October 2, 2023 at 8:27 pm

PGL Video Newsletter – September 2023

Welcome to the latest edition of the PGL monthly newsletter! In September, we attended Aero Engines Europe in Madrid, Spain and the GSE Expo in Las Vegas and celebrated Labor Day and the United States Air Force 76th birthday. We also Sponsored the Tee It Up for the Troops North Texas golf tournament in Farmers Branch, TX benefiting those who have been wounded in defense of our freedom.

We also announced that our DHL Express customers can now benefit from the new dedicated flight to Argentina.

Our latest Featured Product video and helpful tip focuses on our domestic trade show department. Lastly, we have a fresh Industry Insights video to get you caught up with the latest in industry news and started a new LinkedIn page to serve as a handy resource for Industry Insights reports.

Industry Insights on LinkedIn

Enjoy this recap of the month and in the meantime, PGL will continue to deliver peace of mind, 24/7/365.

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Events, News, Press Releases

Posted

September 29, 2023 at 1:52 pm

DHL Express Update – New Flight to Argentina

DHL Express Update – New Flight to Argentina

DHL's new dedicated network flight to Argentina

 

With a capacity of 52 tons per flight, this new direct route benefits customers shipping between the U.S. and Argentina

DHL, the world’s leading provider of international express shipping, has announced the launch of a new dedicated network flight to Argentina. The flight operates six times per week between Miami International Airport (MIA) and Buenos Aires, Argentina (EZE), with a stopover in Santiago, Chile (SCL), before returning to Miami (MIA).

Operated by DHL Aero Expreso, the Boeing B767-300 aircraft will provide a gross payload capacity of 52 tons per flight. The new, dedicated network flight will improve service reliability and increase capacity to support DHL’s international shipping customers. This is the first DHL dedicated network flight serving Argentina.

“DHL remains steadfast and bullish in its belief in the power of trade, and how it continues to drive local economies, build prosperity and fuel entrepreneurship ” said Mike Parra, CEO of DHL Express Americas. “That’s why we continually invest in and strengthen our global network. The introduction of this new flight to Argentina reinforces our unwavering commitment to global trade by delivering faster and more efficient shipping and logistics solutions, and addressing the growing demand in the region.”

The new DHL network flight will improve delivery times for U.S. origin shipments, resulting in a 10% increase in shipments clearing Customs the same day the flight arrives in Argentina, and a 50% increase in shipments being delivered the same day they are cleared.  Service for shipments originating in Argentina have also improved, enabling 100% of shipments to be exported, at the latest, the day following the pick-up.

DHL Aero Expreso is a Panama-based airline that operates cargo services in Latin America and the Caribbean. The new flight to Argentina marks a significant milestone for DHL Express, as it continues to expand its dedicated network capacity in the region. In 2021, the company added Chile to its dedicated network with a direct flight from the United States. In 2022, Brazil was incorporated into the network as well, with more than 600 tons of cargo capacity per week. This flight also improved connectivity with Central America through its connection in Colombia.

Last year, DHL Express introduced several new routes, including a flight to and from Vietnam and the United States as bilateral trade increased, adding 102 tons of additional capacity per flight; a new route between Japan and the United States, also in response to the increasing international shipping needs between these two countries, adding 102 tons of additional capacity per flight, six times per week.

 

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Industry Insights, News, News & Thought Leadership, Publications

Posted

September 28, 2023 at 3:47 pm

Industry Insights – September 2023

Supply Chain Industry Insights

September 2023

Welcome to the PGL Industry Insights report for September, 2023.

Leading our report this month, we touch on the ongoing drought affecting the Panama Canal. Though the canal connects two oceans, it requires 50 million gallons of fresh water to fill the locks for the passage of a single vessel. This shortage of fresh water has led to significant wait times as often over 100 vessels sit at both entrances and wait as long as 4 days, twice as long as usual.

Spots to skip the wait are being auctioned off, leading to costs as high as 2.4 million dollars for a single vessel in late August. Solutions to this drought are being investigated, and include re-routing nearby waterways, which of course, comes with tremendous financial penalties and environmental uncertainty. Despite this, Asia-to-US-East-Coast rates have so far not been adversely affected. PGL will continue to monitor the situation and keep you informed.

In trans-Pacific news, spot shipping rates simmered in August after a summer surge and have fallen by double digits in September. This could mirror the scenario we saw this time last year when some carriers were offering mid-contract discounts to keep business from switching to unusually low spot shipping rates. Carriers are instituting blanked sailings to combat this capacity availability, but only time will tell how much impact that will have on pricing.

According to a FreightWaves SONAR report, North American trucking is in for some big changes as carriers large and small are choosing to exit the industry. This ultimately leads to fewer available trucks, and survivors of this exodus can expect higher rates in the future, assuming volume remains relatively high. There’s no guarantee of that, but with rising LTL rates and steadily-declining inventory, there are reasons for carriers to be bullish if they can weather the storm.

Last month, we told you that diesel prices were on the rise, and that trend has continued through September, with prices surpassing the February high. Of the many factors at play, tight refinery capacity, a reduction of 1 million barrels per day by Saudi Arabia and ongoing sanctions on Russia are the largest contributors to the price hike we’re seeing. The most recent news points to declining prices on the futures market, but that decline has not yet made it to the pump.

In Labor news, President Biden praised the ratification of the West Coast Dock Worker contract Involving the International Longshore and Warehouse Union and the Pacific Maritime Association, Saying: “It’s a good deal for workers, it’s a good deal for companies, and it’s a good deal for the United States of America.”

Speaking of the President and labor actions, Biden joined the striking UAW workers in the picket line on Tuesday as thousands more auto industry workers began striking on Monday and Trump Addressed the union on Wednesday.

The weather may be cooling down, but supply chain industry news certainly is not. As always, PGL will continue doing what we do best, delivering peace of mind, 24/7/365.

Follow us on social media at @ShipPGL

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News, News & Thought Leadership

Posted

September 5, 2023 at 6:47 pm

PGL Video Newsletter – August 2023

Welcome to the latest edition of the PGL monthly newsletter! In August, we attended the ACPC in New York, celebrated the birthdays of the U.S. Coast Guard and U.S. Marine Corps Reserves, and National Aviation Day. We also moved an entire BD7000 fuselage halfway across the country and documented the move for your viewing pleasure. Our latest Featured Product video and helpful tip focuses on insurance. Lastly, as usual, we have a fresh Industry Insights video to get you caught up with the latest in industry news.

Enjoy this recap of the month and in the meantime, PGL will continue to deliver peace of mind, 24/7/365.

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Industry Insights, News, News & Thought Leadership, Publications

Posted

August 29, 2023 at 4:11 pm

Industry Insights – August 2023

Supply Chain Industry Insights

August 2023

Welcome to the PGL Industry Insights report for August, 2023.

UPS suffered larger-than-expected shipment losses due to labor concerns. After a tense July that threatened labor disputes that were ultimately avoided, UPS has posted lower Q2 volumes, due to lost business that had been shifted over to other providers.

As expected, Yellow has filed for bankruptcy, leading to the largest filing in trucking history. At the time of this writing, a bidding war is taking place for the defunct trucking company’s assets.

Transportation prices fell again in July but at a slower rate than in the prior two months. According to data provided by the Logistics Managers’ Index, the projected falloff was not as steep as expected. At the tail end of the inventory bubble, the report indicated that some companies are transitioning back to just-in-time inventory strategies in order to avoid the increased warehousing cost that has come with the swell in inventory.

DHL Continues to make moves with plans to build a $192M maintenance hangar at CVG superhub. The Kentucky Economic Development Finance Authority approved $1 million worth of incentives for the 305,000-square-foot facility. CVG is the main point for connecting DHL’s express network to the rest of the world, with 130 daily flights conducted by a fleet of 60 aircraft.

Trans-Atlantic rates point to a shift in strategy. It appears that trans-Atlantic rates are on track to mirror the conditions of the trans-pacific shift that happened in the second half of 2022. In that scenario, some carriers offered discounts mid-contract to keep the market from moving to more affordable spot rates that are currently less than half of the current contract rates.

The Diesel Benchmark price is on the rise. The benchmark price that is used to calculate most fuel surcharges is on the way up to its highest level since February.

July import volumes continue to mirror pre-COVID ‘normal’. July ocean imports are up 5% vs. June and flat compared to July 2019. That sounds like it could be good news, but if you’ll recall, 2019 was a historic downturn before the pandemic turned the world upside down. The return to “normal” could be an indicator of excess inventory finally coming down, which could be good news for a more stable future, but 2019 is certainly not the baseline we want to return to.

During a summer full of labor disputes, the industry seems to be cooling off, even if the weather isn’t. As always, PGL will continue doing what we do best, delivering peace of mind, 24/7/365.

Follow us on social media at @ShipPGL

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News, News & Thought Leadership

Posted

August 1, 2023 at 3:56 pm

PGL Video Newsletter – July 2023

Welcome to the latest edition of the PGL monthly newsletter! PGL had an action packed month, and we start with our attendance of the Air Wisconsin Golf Tournament and sponsorship of the Air Alaska Golf Tournament. From there, we touch on our latest case study that answers the question: “How does a seasonal pop-up store like Spirit Halloween seemingly appear out of nowhere?” We have a new Featured Product Video that explores our Air Freight services as well as a helpful tip, and we wrap up this month’s newsletter with the latest in labor news with our monthly Industry Insights report.

Enjoy this recap of the month and in the meantime, PGL will continue to deliver peace of mind, 24/7/365.

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Industry Insights, News, News & Thought Leadership, Publications

Posted

July 28, 2023 at 4:34 pm

Industry Insights – July 2023

Supply Chain Industry Insights

July 2023

Welcome to the PGL Industry Insights report for July 2023.

Labor disputes continue to lead the news this month, with wide-ranging effects across the industry.

The on-again/off-again LWU Canada strike at Western Canadian ports of Vancouver and Prince Rupert seems to have calmed, as the two parties – ILWU and BCMEA – now have a new tentative agreement in place. 

Prince Rupert had cleared its vessel backlog during the tentative agreement and work continuation. Vancouver vessel line-up was showing multiple vessels at berth, but with the news of this agreement, work is underway to clear the congestion.

It appears that UPS has narrowly avoided an August 1st work stoppage with what has been described as a “historic” agreement in place with details that include $30 million added to wages among other terms, and was called by UPS CEO Carol Tomé, a “win-win-win agreement”. Not only is this good news for UPS and their employees, but for the economy as well, as a strike of this size could have had far-reaching consequences across multiple industries.

Many shippers are scrambling to find alternate partnerships in the midst of the turmoil surrounding Yellow and their pending labor dispute. The latest news as of Wednesday is an announcement from their Seniour Vice President of Sales to her staff, indicating that Yellow intends to file for bankruptcy on Monday. Yellow is the third-largest LTL company and employs about 30,000 people.

In other news, DHL Express has been making waves with not only the opening of it’s new $84.5 million dollar hub in Atlanta, it has also made an important step in opening a West Coast air hub in California after the Ontario International Airport Authority approved plans to develop the South Airport Cargo Center. The Ontario airport is located in Inland Empire, just east of Los Angeles, and will allow for over 850,000 square feet of expansion that there just isn’t room for at LAX. DHL Express has long been the international leader in freight and their plans to increase their presence in the US are shaping up.

With the latest in supply chain news, labor contracts continue to make headlines. In the meantime, PGL will continue to keep you moving, 24/7/365.

Follow us on social media at @ShipPGL

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