September 2015 Freight Transportation Services Index 112315

September 2015 Freight Transportation Services Index (TSI)

United States Department of Transportation

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.2 percent in September from the revised August level, rising after remaining unchanged in the previous month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS). The September 2015 index level (123.4) was 30.3 percent above the April 2009 low during the most recent recession.

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Import Cargo Volume 111315

Port Tracker report calls for strong holiday sales projections to lead to import volume gains

Logistics Management

Annual growth for import cargo volume at United States-based retail container ports appears to be in the cards with holiday shopping season underway, according to the Global Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates.

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November Logistics Link

View the November Logistics Link for Industry news and MIQ updates.

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Cass Freight Index October 2015

Cass Freight Index Report – October 2015

Cass Information Systems, Inc. 

Following the trend observed in the last four years, both total spend and the number of shipments for North American freight declined in October. The indexes have been below 2013 levels for the last several months. The first reading on third quarter GDP was a disappointing 1.5 percent annual growth rate, compared to 3.9 percent in the second quarter. Consumer sector goods are, by far, the strongest in the market now. In many ways this is the silver lining in the storm clouds, because it means that consumers are still in the game. Consumer spending, which accounts for more than two‐thirds of U.S. economic activity, grew 3.2 percent in the third quarter after expanding at a 3.6 percent pace in the second quarter.

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Blue Legal Icon

Congressional Vote on Trans-Pacific Partnership (TPP) May Be 2016

The U.S. and its 11 negotiating partners – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – reached preliminary agreement on October 5, 2015, on the Trans-Pacific Partnership (TPP), which would result in the world’s largest free-trade area, with a combined GDP of $27 trillion, equaling almost 40 percent of the global economy.

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Transpacific Eastbound General Rate Increase GRI 110515

Transpacific Eastbound General Rate Increase (GRI)

The following announced levels from carriers are for General Rate Increases (GRI) as well as Bunker Fuel Level updates for the dates listed below.

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U.S. Economic Snapshot 110415

Economic Update – October 2015

“Despite September’s decline, the U.S. LEI still suggests economic expansion will continue, although at a moderate pace,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The recent weakness in stock markets, the manufacturing sector and housing permits was offset by gains in financial indicators, and to a lesser extent improvements in consumer expectations and initial claims for unemployment insurance. The U.S. economy is on track for moderate growth of about 2.5 percent in the coming quarters, despite the mixed global economic landscape.”

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ISM Data 110215 v2

October 2015 Manufacturing ISM Report on Business

Institute for Supply Management 

Economic activity in the manufacturing sector expanded in October for the 34th consecutive month, and the overall economy grew for the 77th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Blue Press Release Icon

Ryan Lentz Brings Operations Expertise To MIQ Logistics Sales Team

OVERLAND PARK, Kan., October 15, 2015 – MIQ Logistics is pleased to announce that Ryan Lentz has joined its Sales team as Business Development manager for the Chicago area. Lentz has responsibility for strategic account development and new business efforts. Prior to his new position, Lentz worked in Operations at the company as International Supply Chain Manager.

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Cass Freight Index Report September 2015

Cass Freight Index Report – September 2015

Cass Information Systems, Inc. 

As expected, freight shipments and payments rose in September following two months of decline. Looking back over the last several years, September is often the final growth spurt for the year.

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