News

Cass Freight Index Report 041415

Cass Freight Index Report – March 2015

Cass Information Systems

North American shipment volume and expenditures rose again in March as shipments picked up significantly from the West Coast ports. The U.S. and global economies did not grow as much as expected in the first quarter, but freight movement in the U.S. continues to strengthen.

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Imports Rising as West Coast Ports Recover

National Retail Federation

Import cargo volume at the nation’s major retail container ports is expected to rise 8 percent this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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ILWU Taking Next Steps To Ratify Tentative Agreement

The International Longshore & Warehouse Union  (ILWU) announced in a press release on Friday April 3rd, that the majority of their delegates had voted in favor of recommending to their membership the tentative agreement reached on February 20th.

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SHIP

ILWU signs off on next steps to approve tentative labor contract

Logistics Management

Roughly six weeks after the International Warehouse & Longshore Union and the Pacific Maritime Association (PMA) reached a tentative five-year labor agreement, following nine months of often acrimonious negotiations that led to myriad supply chain and logistics disruptions, the ILWU said late last week that steps are being taken to make the tentative agreement a done deal.

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MIQ Logstics ship

Dockworkers union leaders back West Coast ports labor deal

American Journal of Transportation

A union caucus representing dockworkers at West Coast ports voted to recommend to its members a labor contract deal reached over months of negotiations that led to major disruptions to trans-Pacific trade, the U.S. Department of Labor said on Friday.

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Port dock workers’ union ILWU recommends approval of new contract

Press-Telegram Shipping

Delegates for International Longshore and Warehouse Union members are recommending the full union ratify a proposed five-year contract with West Coast port businesses.

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U.S. Unemployment Situation – March 2015

Bureau of Labor Statistics

Total nonfarm payroll employment increased by 126,000 in March, and the unemployment rate was unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, health care, and retail trade, while mining lost jobs.

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March 2015 ISM Reading

March 2015 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector expanded in March for the 27th consecutive month, and the overall economy grew for the 70th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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March 2015 Logistics Link

MIQ UPDATES

MIQ MIAMI MOVES TO NEW LOCATION

The MIQ Logistics Miami team recently moved into a new, enhanced facility. The address is now 11210 N.W. 91st Street, Suite 1, Miami, FL 33178. Reach them at (305) 888-1600 Phone, (305) 888-9608 Fax, globalmiami@miq.com, email.

NOMINATE MIQ LOGISTICS

Please nominate MIQ Logistics for this year’s list of 100 Great Supply Chain Partners, which will be published in the July/August issue of SupplyChainBrain magazine. Vote here.

INDUSTRY NEWS

U.S. ECONOMIC UPDATE

  • The Conference Board reported leading indicators continue to point to short-term growth, however, the LEI’s six-month change suggests we may be entering a period of moderate expansion.


TRANSPORTATION MARKET UPDATE

GLOBAL MARKET UPDATE

CASE STUDY

PUMPING UNIT MANUFACTURER

The Customer: Builds, repairs & services pumping units in China and ships to drilling sites in Americas.

The Challenge: Each unit weighs 32,000 lbs. – which requires high shipping costs.

The Strategy: MIQ analyzed their warehouse capacity, each pumping model’s bracing needs, and vessel requirements.

The Solution: Load optimization plans were based on the needs of each equipment model and by shipping the pumping units in batches. By focusing on optimal batch quantities, the customer could reduce the number of containers necessary for moving multiple units at one time.

The Results: For the initial model shipped under this plan, MIQ Logistics reduced the customer’s container usage by 20 percent and its freight charges by 13 percent.

LEARN MORE HERE

EVENTS

EVENTS MIQ IS ATTENDING

  • MIQ Logistics Dan Bentzinger To Present At KC IT Symposium,  4/9/15, Overland Park, KS 

 

 


Percent Change in Value of U.S. - NAFTA Freight Flows by Mode January 2014 - January 2015

January 2015 North American Freight Numbers

Bureau of Transportation Statistics

U.S.-NAFTA freight totaled $89.3 billion in January 2015 as three out of five transportation modes – rail, truck, and air – carried more U.S.-NAFTA freight than in January 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) (Figure 1, Table 1). Year-over-year, the value of U.S.-NAFTA freight flows by all modes decreased by 1.2 percent. The value of NAFTA trade by pipeline and vessel declined in January due to the reduced unit price of mineral fuel shipments.

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