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International Trade Policy Seminar To Be Held In Milwaukee, WI

Please join Husch Blackwell and MIQ Logistics in Milwaukee, WI on Thursday, October 27, 2016 for an afternoon seminar focused on issues in U.S. international trade policy and procedures. This seminar will offer practical knowledge and insight into legislation and related developments affecting the import and export of goods for U.S. companies.

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monthly Global Port Tracker report

September Retail Import Strong Despite Hanjin Bankruptcy

National Retail Federation

Import cargo volume at the nation’s major retail container ports should be at near-peak levels this month even as retailers work to cope with the Hanjin Shipping bankruptcy, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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Transpacific Eastbound General Rate Increase (GRI) And Peak Season Surcharge (PSS), and Bunker Fuel Adjustments

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 4th quarter of 2016.

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U.S. Economic Snapshot

“The U.S. LEI picked up again in July, suggesting moderate economic growth should continue through the end of 2016,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “There may even be some moderate upside growth potential if recent improvements in manufacturing and construction are sustained, and average consumer expectations don’t deteriorate further.” – The Conference Board

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U.S. Unemployment Situation August 2016

U.S. Bureau of Labor Statistics

Total nonfarm payroll employment increased by 151,000 in August, and the unemployment rate remained at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several service-providing industries.

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August 2016 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector contracted in August following five consecutive months of expansion, while the overall economy grew for the 87th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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MIQ Supply Chain Alert

Hanjin Shipping Files For Receivership – Potential Delays From Frozen Assets

Earlier today Hanjin Shipping Co. filed for court receivership. According to reports from Reuters, the largest South Korean container shipping firm and 7th largest in the world, made the decision to seek court receivership from the Seoul Central District Court on Wednesday. Additionally, the request to the District Court was to also freeze the assets of Hanjin. This decision came after Hanjin discovered that they were losing support from their banks. Hanjin’s debt reportedly stood at approximately $5 billion (USD), and their existing funding was no longer adequate.

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Global Trade Magazine Names MIQ Leading 3PL

MIQ Logistics is named one of America’s 2016 leading 3PL providers for the third consecutive year in Global Trade magazine’s annual report. The company is highlighted in the most Innovative section for its flexible end-to-end supply chain solutions that truly meet the needs of their customers.

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MIQ Supply Chain Alert

China’s Zika Requirements Affect Inbound Containers From the U.S.

On August 2nd the World Health Organization listed the U.S as a country that was reporting the mosquito-born Zika virus. Just 24 hours after this announcement China added the U.S. to their list of Zika-infected countries; which currently totals approximately 40. This listing brings about new requirements for all containers that are being shipped from the U.S. to China.

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MIQ Supply Chain Alert

Blue Cut Fire Interrupting logistics traffic on Road and Rail

Reports are coming in from both ocean and rail carriers as well as news sources that the Blue Cut fire, which swept through the Cajon, CA area on Tuesday, is currently impacting both rail and highway logistics routes northeast of Los Angeles at this time.

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