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Air Freight Consolidation From Hong Kong & Shanghai

MIQ Logistics is now providing air freight consolidation service from Hong Kong (HKG) and Shanghai (PVG) to Chicago (ORD).

MIQ Logistics consolidation services are chosen through blocked space agreements (BSA) through premium commercial and freighter airline direct flights. Many of the blocked space agreements are with freighter cargo carriers, which helps eliminate commercial aircraft restrictions that occur.

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Strategic Move For MIQ Global Logistics Atlanta Facility

MIQ Logistics is pleased to announce the opening of its new, enhanced global logistics facility in Atlanta, located at 2077 Convention Center Concourse, Suite# 200, College Park, GA 30337. Our Atlanta facility will be located within the new Gateway Center development mixed-used space. 

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MIQ Supply Chain Alert

Winter Storm ‘Stella’ Could Impact Supply Chains

Beginning Monday night and running through Tuesday, a major nor’easter is forecasted to impact several states in the northeastern U.S.  Blizzard conditions are expected to bring heavy snow and strong winds affecting many areas including, Pennsylvania, Washington D.C., New York, New Jersey, and most of New England. According to the National Weather Service, “The heaviest snowfall is expected to occur from the northern Middle Atlantic to Southern New England where 12 to 18 inches can be expected with localized amounts up to 2 feet. Strong winds could down trees and cause power outages”.

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U.S. Economic Snapshot – February 2017

“After six consecutive monthly gains, the U.S. Leading Economic Indicators index (LEI) is at its highest level in over a decade. Widespread gains across a majority of the leading indicators points to an improving economic outlook for 2017, although GDP growth is likely to remain moderate,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “Only housing permits contributed negatively to the LEI in February, reversing gains over the previous two months.” The Conference Board

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The Employment Situation – February 2017

Source: Bureau of Labor Statistics

Household Survey Data
The number of unemployed persons, at 7.5 million, changed little in February. The unemployment rate, at 4.7 percent, was little changed over the month but was down from 4.9 percent a year earlier.

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Global Port Tracker Report MIQ

Economy Driving Double-Digit Growth In Imports Despite Tariff and Border Tax Talk In Washington

Source: National Retail Federation 

Imports at the nation’s major retail container ports should see double-digit year-over-year increases for the next two months as a growing economy increases the demand for affordable merchandise, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

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Transpacific Eastbound General Rate Increase (GRI), and Bunker Fuel Adjustments

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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February 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in February, and the overall economy grew for the 93rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Manufacturing and Trade Inventories and Sales, December 2016

Source: U.S. Census Bureau

Sales The combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,356.0 billion, up 2.0 percent (±0.2 percent) from November 2016 and was up 5.2 percent (±0.4 percent) from December 2015.

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ATA Truck Tonnage Index Increased 2.9% in January

Source: American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 2.9% in January, following a 4.3% decrease during December. (December’s index was revised up from our press release on January 24, 2017.) In January, the index equaled 138.8 (2000=100), up from 134.9 in December. The all-time high was 142.7 in February 2016.

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