January 2016 Logistics Link

MIQ OFFERS CHINESE NEW YEAR AIR FREIGHT EXPORT SPECIAL FROM CHICAGO 

MIQ Logistics wants to help prepare you for the lunar new year with new air freight consolidation services from Chicago (ORD) to key commercial gateways in China. This special will run through January 31, 2016. Learn more about this special now.

CONTAINER WEIGHT VERIFICATION RULE 

The International Maritime Organization (IMO) has adopted a new requirement under the Safety of Life at Sea (SOLAS) Chapter VI, Part A, Regulation 2. The new container weight verfication rule will go into effect on July 1, 2016 and will impact shippers from 171 countries due to the added requirements of necessary documentation. Read more here.

U.S. ECONOMIC UPDATE

“The U.S. LEI registered another increase in November, with building permits, the interest rate spread, and stock prices driving the improvement,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. Read more here.

TRANSPORTATION MARKET UPDATE

“Tonnage gave back half of the gain in October highlighting weakness in factory output and new fracking activity, as well as a glut of inventories throughout the supply chain” said ATA Chief Economist Bob Costello.

• ATA Truck Tonnage Index Decreased 0.9% In November

GLOBAL MARKET UPDATE

• U.S. Customs Automated Commercial Environment (ACE): The U.S. Customs and Border Protection (CBP) is mandating the use of the Automated Commercial Environment (ACE). Please note November 1, 2015 was the beginning of the transition period for using ACE for all electronic cargo release and related entry summary filing. The second deadline is February 28, 2016, which is the mandatory use date of ACE for all remaining electronic portions of the CBP cargo process, as ACS will no longer be available. Learn more here.
• Retail Imports Wind Down After End Of Holiday Season

• Transpacific Eastbound General Rate Increase (GRI), and Bunker Fuel Adjustments

MIQ LOGISTICS HAWAII AND PUERTO RICO CAPABILITIES

Did you know that MIQ Logistics has the capabilities to support your Hawaii and Puerto Rico logistics needs? MIQ Logistics provides a seamless solution with a single point of contact that gives you the shipment security, speed to market and customer service focus your business requires.

Our Door to Door solution includes:

• NVOCC and ocean freight forwarding, including barge and vessel
• Air freight forwarding
• Dedicated and charter shipments
• Customs Brokerage
• Inland transportation for local pickup, delivery and drayage
• Inter-Island services
• Warehousing & Distribution
• Supply chain visibility through our freight management system

EVENTS MIQ IS ATTENDING

Retail Supply Chain Conference 2016 (RILA): 2/28 – 3/2/16, Dallas, TX, Booth 1032