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

News

TRANSPACIFIC EASTBOUND GRI AND PSS

Transpacific Eastbound General Rate Increase (GRI) and Peak Season Surcharge (PSS)

The following announced levels from carriers are for upcoming General Rate Increases (GRI) and Peak Season Surcharge (PSS). Additionally, you will find Bunker Fuel Level updates as well as the Low Sulphur Levels for the 1st quarter of 2018.

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Wind/Solar Energy

Safeguard Tariffs on Imported Solar Cells and Large Residential Washers

Safeguard Tariffs on Imported Solar Cells

  • The ITC determined that increased solar cell and module imports are a substantial cause of serious injury to the domestic industry. Although the Commissioners could not agree on a single remedy to recommend, most of them favored an increase in duties with a carve-out for a specified quantity of imported cells.

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Winter Weather Impacting Operations In The Southeast

Winter weather continues to impact supply chain operations from Texas to Georgia. For Wednesday (Jan 17th) our MIQ Global Houston branch will open on a delayed start; opening their doors at 12:00 (noon). Additionally, our MIQ Global Atlanta branch will be closed today due to the storm which has brought about a state of emergency in central and north Georgia.

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MIQ Global Houston Temporarily Closed Due to Inclement Weather

MIQ Global Houston office is closed for today (Jan 16th) due to inclement winter weather.  According to the National Weather Service the Houston area is currently under a Winter Storm Warning for northern portions of the Houston area, while a Winter Storm Advisory is in effect for southern portions of the area. These advisories are in effect until midnight tonight, but may be replaced by a Hard Freeze Warning before this afternoon. Due to the fact that the National Weather Service has advised to avoid traveling, our MIQ Global Houston office will remain closed.

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Various Factors Contributing to a Tightening Intermodal Drayage Market

Over the last few weeks operations within MIQ Logistics have been experiencing a tightening of the intermodal drayage market, especially throughout certain regions of the U.S.   Drayage demand is currently outpacing capacity, and there are several factors, both new and old that are contributing to increased pricing and equipment shortages.

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Year over Year Import Cargo volume

Retail Imports End 2017 With 7 Percent Growth As Industry Sales Continue To Increase

Source: National Retail Federation

Imports at the nation’s major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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Q1 Regulatory Updates

GSP Expired On December 31, 2017

The Generalized System of Preferences (GSP) provides duty-free treatment to goods of designated beneficiary countries. The program was authorized by the Trade Act of 1974 to promote economic growth in the developing countries and was implemented on January 1, 1976.

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THE EMPLOYMENT SITUATION – DECEMBER 2017

The Employment Situation – December 2017

Source: Bureau of Labor Statistics

Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment gains occurred in health care, construction, and manufacturing.

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MIQ Logistics Receives Airfreight Forwarding Recognition

MIQ Logistics was named a top service provider in Inbound Logistics magazine’s recent Who’s Who in Airfreight Forwarding guide. This is the eighth consecutive year Inbound Logistics has included MIQ Logistics in its annual listing.

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December 2017 Manufacturing ISM Report

December 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in December, and the overall economy grew for the 103rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report on Business®.

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