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

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ESTIMATED MARCH IMPORTS HIT FIVE-YEAR LOW, DECLINES EXPECTED TO CONTINUE AMID PANDEMIC

Source:  National Retail Federation Press Release – April 7, 2020

Estimates show that imports at major U.S. retail container ports dropped to their lowest level in five years in March, and imports are projected to remain significantly below normal levels through early summer as the coronavirus pandemic continues, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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UNITED STATES TO RESTRICT EXPORTS OF PPE

On Friday, February 10, 2020, the Federal Emergency Management Agency (FEMA) issued a Temporary Final Rule (TFR) on Federal Register Notice 85 No 70 FR 20195 to address the prioritization and allocation of certain scarce or threatened health and medical resources for domestic use. The intent of the rule is that the scarce or threatened personal protective equipment (PPE) materials remain in the United States for use in responding to the spread of COVID-19. The materials identified in the TFR may not be exported from the United States without explicit approval by FEMA.

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MARCH 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – April 1, 2020 Release

Economic activity in the manufacturing sector contracted in March, and the overall economy grew for the 131st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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MARCH LOGISTICS LINK

During the month of March, 2020, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates and announcements in the March 2020 logistics link.

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CHINA TARIFFS: THIRD SET OF LIST 4A EXCLUSIONS ANNOUNCED

On Tuesday, March 31, 2020, the United States Trade Representative (USTR) office released its third list of product exclusions to the Section 301 List 4A products currently subject to a 7.5% tariff in the Federal Register Notice 85 No 62 FR 17936.   

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U.S. CUSTOMS AND BORDER PROTECTION NO LONGER ACCEPTING APPLICATIONS FOR SHORT-TERM DUTY DEFERRAL

On Thursday, March 26, 2020, U.S. Customs and Border Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42161666 advising that they are no longer accepting requests for additional days for payment which was announced in CSMS 42097586.

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CHINA TARIFFS: LIST 3 EXCLUSIONS RELEASED MARCH 26

On Thursday, March 26, 2020, the United States Trade Representative (USTR) office released a new list of product exclusions to the Section 301 List 3 products currently subject to a 25% tariff in the Federal Register Notice 85 No. 59 17158.

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CHINA TARIFFS: USTR REQUESTS COMMENTS TO ADDRESS COVID-19

On Wednesday, March 25, 2020, the United States Trade Representative (USTR) issued Federal Register Notice 85 No 58 16987, which addresses the need to modify the China Section 301 tariffs by removing additional duties from medical care products needed to address the COVID-19 outbreak.

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U.S. CUSTOMS AND BORDER PROTECTION OFFERING SHORT-TERM DUTY DEFERRALS TO ACH IMPORTERS

On Friday, March 20, 2020, at 4:50pm, U.S. Customs and Broder Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42097586 which states:

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NON-ESSENTIAL TRAFFIC RESTRICTED AT U.S.-MEXICO BORDER

On Friday, March 20, 2020, the United States and Mexico agreed to restrict all non-essential travel across the border in an effort to slow the spread of the coronavirus. It is important to note that this agreement, which will go into effect on Saturday, March 21, refers to non-essential travel only and will not affect trade.

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