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Transport Topics Names MIQ Logistics On 2017 Annual Rankings

Overland Park, KS, May 15, 2017 – Transport Topics has selected MIQ Logistics as a 2017 Top Freight Brokerage Company, Top Airfreight Forwarder, and Top Ocean Freight Forwarder.  This is the third year that MIQ Logistics has been nominated and selected for these awards.

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Retail Imports To Keep Growing Through The Summer

Source: National Retail Federation

Imports at the nation’s major retail container ports should see steady increases through the summer and into the fall, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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The Employment Situation – April 2017

Source: Bureau of Labor Statistics

Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate was little changed at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality, health care and social assistance, financial activities, and mining.

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The Administration Invokes Rarely-Used Statute to Investigate Steel Imports

We may soon learn whether the President has the legal authority to impose tariffs on imports without Congressional approval or whether the administration will bypass WTO rules and impose new barriers to imports.  The first test may come as the result of an April 20th Presidential Memorandum directing Commerce to initiate an investigation under Section 232(b) of Trade Expansion Act of 1962 to determine the impact of steel imports on national security.

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Living Our Core Values: MIQ Logistics Supports a School in Goodman, MO

In early April, the only elementary school in Goodman, Missouri was destroyed by a tornado. Brian Duckworth, Logistics Manager at MIQ Washington D.C., found out about this disaster from his wife. She works for Frederick County Public Schools in Winchester, VA that is the part of the Bright Futures program, an organization that connects schools and communities across the USA, and Goodman Elementary school is part the program as well. 

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April 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 95th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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The Status of NAFTA

The President was prepared to end the North American Free Trade Agreement deal, which had governed trade relations for the past 23 years, with a dramatic announcement April 29th at a Pennsylvania political rally marking his 100th day in office.  But after speaking with the leaders from Canada and Mexico, the President announced he will not cancel the North American Free Trade Agreement and will instead work to renegotiate it with Mexico and Canada, reserving the right to cancel if the US does not obtain a favorable deal.

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April 2017 Logistics Link

Throughout April 2017, there were many events that occurred within the global logistics industry. The April 2017 Logistics Link from MIQ Logistics gives insights into industry news, services provided by MIQ, updates with MIQ, and events that will be occurring in the near future.

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U.S. Economic Snapshot – April – 2017

“The March increase and upward trend in the U.S. LEI point to continued economic growth in 2017, with perhaps an acceleration later in the year if consumer spending and investment pick up,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The gains among the leading indicators were very widespread, with new orders in manufacturing and the interest rate spread more than offsetting declines in the labor market components in March.”   The Conference Board

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Transpacific Eastbound General Rate Increase (GRI) and Bunker Fuel Adjustment

The following announced levels from carriers are for upcoming General Rate Increases (GRI). Additionally, you will find Bunker Fuel Level updates as well as the Low Sulphur Levels for the 2nd quarter of 2017.

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