News

MIQ Supply Chain Alert

Labor Walk-Off Taking Place at Port of NY/NJ

The Port Authority of NY/NJ has reported a labor walk-off that took place at 10:53 this morning involving the workers of the International Longshoremen’s Association.

Read More


Blue Press Release Icon

MIQ Logistics Strengthens Its Latin America Presence

OVERLAND PARK, Kan., February 1, 2016 – MIQ Logistics announces the purchase of certain assets in Alfa Logistics (Miami, Fla.) and Kronos Logistics (Bogota, Colombia), effective December 2015. The acquisitions enable MIQ Logistics to expand its specialized service offering with complementary capabilities in the Latin America region. Details of the acquisitions are not disclosed.

Read More


Manufacturing And Trade Inventories And Sales

U.S. Census Bureau News 

Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,313.5 billion, down 0.2 percent (±0.2%)* from October 2015 and was down 2.8 percent (±0.5%) from November 2014.

Read More


Blue Industry News Icon

IRANIAN SANCTIONS (UPDATE)

On 16 January 2016, the International Atomic Energy Agency (IAEA) confirmed that Iran has complied with its obligations under the Joint Comprehensive Plan of Action (JCPOA) conditional to the first phase of sanctions relief. As a result, significant EU and US sanctions relief went into effect as of 16 January 2016.  Certain nuclear-related sanctions remain in place, however, and the sanctions related to the Iranian human rights situation remain entirely unaffected and in full force.

Read More


ATA Truck Tonnage Index Increased 1% in December

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 1% in December, following a decrease of 0.9% during November. In December, the index equaled 135.6 (2000=100), up from 134.3 in November, and 0.1% below the all-time high of 135.8 reached in January 2015.

Read More


arrow globe

January 2016 Logistics Link

Read MIQ updates and industry news in the January 2016 Logistics Link. 

Read More


November 2015 Freight Transportation Services Index (TSI)

Department of Transportation

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 1.0 percent in November from
October, falling after a one-month rise, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS). The November 2015 index
level (122.3) was 29.1 percent above the April 2009 low during the most recent recession.

Read More


Cass Freight Index Report: December 2015

Cass Information Systems 

Both the number of shipments and freight transportation expenditures continued their downward slide in December, falling 4.9 and 2.7 percent respectively. The declines are not unusual for December, but they capped off a second quarter of decline. In retrospect, 2015 did not even begin to reach the heights we reached in 2014. By the end of
2015, both shipment volume and expenditures fell back to 2013 levels. Expenditures for freight transportation were 5.2 percent lower than at the end of 2014 and shipment volume was down 3.7 percent from the same period.

Read More


Retail Imports Wind Down After End of Holiday Season

National Retail Federation

With the holiday season over, import cargo volume at the nation’s major retail container ports is expected to slowly decline through the first quarter of the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“This is the time of year when the retail supply chain catches its breath before the next big rush begins,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Retailers are still tallying the bottom line of the holiday season, but they’re also making plans for the spring and summer.”

Read More


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

The following announced levels from carriers are for both the Peak Season Surcharge (PSS) and upcoming General Rate Increases (GRI).  Additionally you will find Bunker Fuel Level updates as well as the Low Sulphur Levels for the 1st quarter of 2016.

Read More