Overland Park, KS, August 21, 2017 — MIQ Logistics is pleased to announce that we have been recognized as one of America’s Leading 3PLs by Global Trade Magazine for 2017. This recognition is given to the top companies that provide exceptional service to clients in helping them improve efficiency and increase profits through improving their supply chains.
As you may have read in recent articles, August is expected to be the busiest month on record for imports at major container ports in the United States and 2017 is on track to set a new annual high for import ocean volume. In addition, according to International Air Transport Association (IATA), global air freight market demand grew by 10.4% in the first-half of 2017 compared to the first-half of 2016, making it the strongest first half-year performance since air cargo’s rebound in 2010.
With record setting ocean and air volumes, importers need to understand their options to ensure they are limiting impacts to their supply chain. Here are a few ways you can prepare and manage through this record breaking time.
Dan Bentzinger, MIQ Logistics CIO, was recently interviewed by KC SmartPort about talent in the industry coming from Kansas City and the importance of logistics expertise when importing/exporting. The interview appears in an article that is titled: Kansas City Is Logistically Connected.
Source: Cass Information Systems, Inc.
Both the Shipments and Expenditures Indexes extended their run of positive comparisons. Shipments turned positive eight months ago, while Expenditures turned positive seven months ago. In part because of normal seasonality, and in part because of more difficult comparisons, they were less strong in July.
Source: National Retail Federation
Boosted by continuing sales growth, August is expected to be the busiest month on record for imports at the nation’s major retail container ports and 2017 is on track to set a new annual high, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Source: Bureau of Labor Statistics
Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, professional and business services, and health care.
Source: Institute for Supply Management
Economic activity in the manufacturing sector expanded in July, and the overall economy grew for the 98th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
Overland Park, KS, July 27, 2017 —For the sixth year, MIQ Logistics has been named a Top 100 3PL Provider by Inbound Logistics. “We are pleased that our company made the 2017 Top 100 3PL list,” says John Carr, President and Chief Operating Officer. “I am proud of our employees as they continue to show dedication to exceeding our customers’ expectations, and we appreciate the ongoing support of our customers around the world.”
“The U.S. LEI rose sharply in June, pointing to continued growth in the U.S. economy and perhaps even a moderate improvement in GDP growth in the second half of the year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The broad-based gain in the U.S. LEI was led by a large contribution from housing permits, which improved after several months of weakness.” – The Conference Board
MIQ Logistics is now providing regular LCL ocean consolidation services from Houston to multiple locations in Latin America.