Noatum Logistics Completes Acquisition of the Multinational MIQ Logistics. Read more.

MARCH LOGISTICS LINK

During the month of March, 2020, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates and announcements in the March 2020 logistics link.

Regulatory Updates

U.S. CUSTOMS AND BORDER PROTECTION NO LONGER ACCEPTING APPLICATIONS FOR SHORT-TERM DUTY DEFERRAL

On Thursday, March 26, 2020, U.S. Customs and Border Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42161666 advising that they are no longer accepting requests for additional days for payment which was announced in CSMS 42097586. Read more.

CHINA TARIFFS:  LIST 3 EXCLUSIONS RELEASED MARCH 26

On Thursday, March 26, 2020, the United States Trade Representative (USTR) office released a new list of product exclusions to the Section 301 List 3 products currently subject to a 25% tariff in the Federal Register Notice 85 No. 59 17158. Read more.

CHINA TARIFFS:  USTR REQUESTS COMMENTS TO ADDRESS COVID-19

On Wednesday, March 25, 2020, the United States Trade Representative (USTR) issued Federal Register Notice 85 No 58 16987, which addresses the need to modify the China Section 301 tariffs by removing additional duties from medical care products needed to address the COVID-19 outbreak. Read more.

U.S. CUSTOMS AND BORDER PROTECTION OFFERING SHORT-TERM DUTY DEFERRALS TO ACH IMPORTERS

On Friday, March 20, 2020, at 4:50pm, U.S. Customs and Broder Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42097586 which states:  Due to the severity of Novel Coronavirus Disease (COVID-19), U.S. Customs and Border Protection (CBP) will approve on a case by case basis additional days for payment of estimated duties, taxes and fees due to this emergency.  Please note we are working on a future message that will provide further information.  Please watch your CSMS messages. Read more.

NON-ESSENTIAL TRAFFIC RESTRICTED AT U.S.-MEXICO BORDER

On Friday, March 20, 2020, the United States and Mexico agreed to restrict all non-essential travel across the border in an effort to slow the spread of the coronavirus. It is important to note that this agreement, which will go into effect on Saturday, March 21, refers to non-essential travel only and will not affect trade. Read more.

OPERATIONS SCHEDULED TO RESUME AT BAYPORT AND BARBOURS CUT TERMINALS

Noatum Logistics has received an update from the Houston Port Authority that the Port Houston container terminals are reopening for regular business Friday morning, March 20, 2020. Read more.

NON-ESSENTIAL TRAFFIC RESTRICTED AT U.S.-CANADA BORDER

On Wednesday, March 18, 2020, the United States and Canada announced that they will temporarily restrict all non-essential travel across the U.S.-Canada border due to the coronavirus pandemic. It is important to note that this agreement refers to non-essential travel only and will not affect trade. Read more.

CHINA TARIFFS:  SECOND SET OF LIST 4A EXCLUSIONS ANNOUNCED

On Tuesday, March 17, 2020, the United States Trade Representative (USTR) office released its first list of product exclusions to the Section 301 List 4A products currently subject to a 7.5% tariff in the Federal Register Notice 85 FR 15244. Read more.

CORONAVIRUS UPDATE #5

As the impact of the coronavirus (COVID-19) on businesses and global financial markets continues to escalate, we would like to share some updates from our global network partners as well as our own Noatum Logistics North America operations. Read more.

CHINA TARIFFS:  MARCH LIST 3 EXCLUSIONS

On Monday, March 16, 2020, the United States Trade Representative (USTR) office released a new set of product exclusions for Section 301 List 3 products currently subject to a 25% tariff in Federal Register Notice 85 FR 15015. Read more.

CHINA TARIFFS:  FIRST SET OF LIST 4A EXCLUSIONS ANNOUNCED

On Tuesday, March 10, 2020, the United States Trade Representative (USTR) office released its first list of product exclusions to the Section 301 List 4A products currently subject to a 7.5% tariff in the Federal Register Notice 85 FR 13970. Read more.

CORONAVIRUS COMMUNICATION

As the impact of the coronavirus on businesses and global financial markets continues to escalate, we would like to share the steps that Noatum Logistics North America is taking to ensure continuity of our services. Read more.

U.S. TERMINAL UPDATES

Terminals in the U.S. are canceling work shifts due to the low cargo volumes caused by the coronavirus (COVID-19).  There are 111 void sailings from the transpacific carriers between February – April, which includes 63 sailings during the normal factory closures over the Lunar New Year and 43 sailings due to the disruptions caused by the coronavirus. Read more.

 

Industry News

CORONAVIRUS IMPACT ON IMPORTS EXPECTED TO BE LARGER AND LAST LONGER THAN PREVIOUSLY EXPECTED

The coronavirus outbreak is expected to have a longer and larger impact on imports at major U.S. retail container ports than previously believed as factory shutdowns and travel restrictions in China continue to affect production, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Read more.

 

FEBRUARY 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Economic activity in the manufacturing sector grew in February, and the overall economy grew for the 130th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. Read more.

 

TRANSPACIFIC GENERAL RATE INCREASE (GRI) AND PEAK SEASON SURCHARGES (PSS)

Announced levels for upcoming Transpacific Eastbound GRIs and PSSs from carriers can now be accessed anytime from our MIQ.com – Resources – Information and Tools page.

 

Announcement

Changes to Noatum Logistics LinkedIn Accounts

The MIQ Logistics and Noatum Logistics (formerly MIQ Logistics) LinkedIn accounts are no longer active. The good news is that you can still receive our updates if you follow us in our group division page:  Noatum Logistics. Please begin following us here.