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News / 2015

Truck

ATA Truck Tonnage Index Fell 0.9% in August

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index declined 0.9% in August, following a revised increase of 3.1% during July. In August, the index equaled 134.2 (2000=100), down from 135.3 in July. The all-time high of 135.8 was reached in January 2015.

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Cass Freight Index Report – August 2015

Cass Information System, Inc. 

North American shipment volume and expenditures dropped for the second month in a row as the summer slowdown hit. The drop in freight spending was sharper than expected, however, as truck spot prices fell lower due to abundant capacity. The decline in shipments did not follow the typical upward movement in August, but given the weak level of new manufacturing orders placed in June and July it is not unanticipated. GDP growth was strong overall during the first half of the year, with a 3.7 percent growth rate in the second quarter and a 0.6 percent growth rate in the first.

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Retail Imports Begin To Climb As Holidays Approach

National Retail Federation

Import cargo volume at the nation’s major retail container ports is expected to increase 1.2 percent this month over the same time last year as retailers head toward the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“After supply chain worries earlier this year, inventories are plentiful this fall,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Shoppers should have no worries about finding what they’re looking for as they begin their holiday shopping.”

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Globe Logistics

September Logistics Link

Read MIQ news and industry information in the September 2015 Logistics Link.

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Shipping Logistics Picture

CBP Delays Mandatory ACE Migration

The U.S. Customs & Border Protection announced this week they are delaying the mandatory migration date of the Automated Commercial Environment (ACE) to February 2016. Please keep in mind these two deadlines:

  1. November 1, 2015 is the beginning of the transition period for using ACE for all electronic cargo release and related entry summary filing.
  2. February  28, 2016 is the mandatory use date of ACE for all remaining electronic portions of the CBP cargo process, as ACS will no longer be available.

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Blue MIQ in the News Icon

MIQ LOGISTICS EARNS TOP-3PL HONORS

OVERLAND PARK, Kan., September 3, 2015 – MIQ Logistics once again is selected as a Top 100 Third-Party Logistics Provider by Inbound Logistics magazine. This is the fourth consecutive year the company has been recognized for excellence by the publisher.

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August 2015 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month, and the overall economy grew for the 75th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.  

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Economic Update – August 2015

“The U.S. LEI fell slightly in July, after four months of strong gains. Despite a sharp drop in housing permits, the U.S. LEI is still pointing to moderate economic growth through the remainder of the year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “Current conditions, measured by the coincident economic index, have been rising moderately but steadily, driven by rising employment and income, and even industrial production has improved in recent months.”

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MIQ Supply Chain Alert

Tianjin Port Update: Activity To Remain Slow As Clean Up Continues

Four more fires broke out today at the industrial park where the Tianjin explosion occurred on August 12th. One fire was reported to have occurred in a logistics site for vehicles, and the other three fires were reported within the central blast area.

Also reported today was an increase to the death toll, which has now reached 116, with 60 people still missing.

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ATA Truck Tonnage Index Jumped 2.8% in July

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8% in July, following a revised drop of 0.4% during June. In July, the index equaled 135.0 (2000=100), the second highest level on record. The all-time high of 135.8 was reached in January 2015.

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