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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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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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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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Cass Freight Index Report

Cass Information Systems

North American shipment volumes and their related costs both trailed downward in July, keeping in line with the seasonal patterns of the last five years. July is
traditionally a slow month for freight as it lies between the surges of back‐to‐school and the holidays. Although both indexes are below last year’s levels at this time,
they compare quite favorably with prior years. There should be an element of caution when comparing 2015 results to 2014 since last year was the best year the
freight sector has experienced since the recession.

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June 2015 Freight Transportation Services Index (TSI)

U.S. Department of Transportation 

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 0.3 percent in June from May,
falling after a single month of growth, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The June 2015 index level (121.9) was 28.8 percent above the April 2009 low during the most recent recession.

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Imports Up As Retailers Look Toward Holiday Season

Logistics Management

Import cargo volume at the nation’s major retail container ports is expected to increase 3.6 percent this month over the same time last year as retailers begin to bring in merchandise for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Imports for the year are expected to be up 4.2 percent over 2014.

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U.S. Unemployment Situation

Bureau of Labor Statistics

Total nonfarm payroll employment increased by 215,000 in July, and the unemployment rate was unchanged at 5.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.

In July, both the unemployment rate (5.3 percent) and the number of unemployed persons (8.3 million) were unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.9 percentage point and 1.4 million, respectively.

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July 2015 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector expanded in July for the 31st consecutive month, and the overall economy grew for the 74th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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August 2015 Logistics Link

Read the August Logistics Link for Industry news and MIQ Updates

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