Please note the following MIQ Logistics holidays for September. All MIQ Logistics offices within the specified country will be closed on the dates listed, unless noted otherwise.
News / Supply Chain Alerts
Please note the following MIQ Logistics holidays. All MIQ Logistics offices within the specified country will be closed on the dates listed, unless noted otherwise.
The China Ministry of Finance (MOF) and State Administration of Taxation (SAT) issued a circular (Caishui [2013] No. 37, (“Circular 37”)) on May 24, 2013, announcing the expansion of the Value-Added Tax (VAT) Reform Pilot on a nationwide basis. Certain revisions to the pilot regulations in this nationwide application of the VAT program will result in a 6% VAT charge assessed on transportation charges and freight forwarding services billed and paid in China.
STOUGHTON, WI, July 11, 2013 / Armstrong & Associates, Inc. / – Eighty-six percent of Domestic Fortune 500 companies use 3PLs for logistics and supply chain functions according to a new report just issued by Armstrong & Associates. The report “Trends in 3PL/Customer Relationships – 2013” leverages Armstrong & Associates’ proprietary database of 6,398 3PL customer relationships to provide detailed information on the top outsourcers to 3PLs, trends in service demand, and 3PL market size by vertical industry segment from 2005 through 2013E.
Please note the following MIQ Logistics holidays. All MIQ Logistics offices within the specified country will be closed on the dates listed, unless noted otherwise.
Customs and Border Protection (CBP) announced that they will begin full enforcement of Importer Security Filing (ISF) regulations on July 9, 2013 and will start issuing liquidated damages against ISF importers and carriers for ISF non-compliance.
The Wall Street Journal
Hong Kong port workers accepted on Monday a 9.8% pay rise—ending their strike and averting further disruption at the world’s third-busiest container port.
South China Morning Post
Matthew Cheung calls their first sit-down constructive, but union is less impressed
Secretary for Labour and Welfare Matthew Cheung Kin-chung met dockers for the first time yesterday in an apparent attempt to put an end to their 26-day strike.
Bloomberg Businessweek
Hundreds of port workers at Li Ka-shing’s Hong Kong terminals surrounded his Cheung Kong Center headquarters in the city’s business district after rejecting pay rise aimed at ending a three-week strike.
Pact calls for $3 an hour wage hikes; maintains royalty-payment formula.
The International Longshoreman’s Association’s (ILA) 14,500 rank-and-file members late Tuesday overwhelmingly ratified a six-year master contract covering 14 East and Gulf Coast seaports. The agreement ended more than a year of contentious negotiations that threatened to shut port operations from Maine to Texas for the first time since 1977.