In this paper, we present an improved algorithm for the All Pairs Non-decreasing Paths (APNP) problem on weighted simple digraphs, which has running time $\tilde{O}(n^{\frac{3 + ω}{2}}) = \tilde{O}(n^{2.686})$. Here $n$ is the number of vertices, and $ω< 2.373$ is the exponent of time complexity of fast matrix multiplication [Williams 2012, Le Gall 2014]. This matches the current best upper bound for $(\max, \min)$-matrix product [Duan, Pettie 2009] which is reducible to APNP. Thus, further improvement for APNP will imply a faster algorithm for $(\max, \min)$-matrix product. The previous best upper bound for APNP on weighted digraphs was $\tilde{O}(n^{\frac{1}{2}(3 + \frac{3 - ω}{ω+ 1} + ω)}) = \tilde{O}(n^{2.78})$ [Duan, Gu, Zhang 2018]. We also show an $\tilde{O}(n^2)$ time algorithm for APNP in undirected graphs which also reaches optimal within logarithmic factors.