News

Cass Freight Index Report – September 2015

Cass Information Systems, Inc. 

As expected, freight shipments and payments rose in September following two months of decline. Looking back over the last several years, September is often the final growth spurt for the year.

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Retailers Well Stocked As Holidays Approach

National Retail Federation

Import cargo volume at the nation’s major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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October Logistics Link

Learn about updated Industry information and MIQ Logistics in the news.

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AMY BREEMAN-RHODES JOINS MIQ LOGISTICS COMPLIANCE AND OPERATIONS TEAM

OVERLAND PARK, Kan., October 8, 2015 – MIQ Logistics is pleased to announce that Amy Breeman-Rhodes has joined its Compliance team as Import Manager and Customs Broker for the Washington, D.C. area. Breeman-Rhodes has responsibility for facilitating the entry, clearance and movement of import cargo for MIQ Logistics customers. Prior to joining MIQ Logistics, Breeman-Rhodes owned a consulting company, specializing in import/export trade and customs compliance.

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Transportation Management / Freight Brokerage Recognition

OVERLAND PARK, Kan., October 7, 2015 – A recent report shows MIQ Logistics continues to deliver exceptional service amid the evolution in domestic transportation management (DTM) and freight brokerage.

In its Right Price: Modern Freight Brokerage in the U.S. report, Armstrong & Associates includes its Top 100 U.S. DTM/Freight Broker list. Within the list, MIQ Logistics ranks 35.

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Deal Reached For Trans-Pacific Partnership

The trade ministers from the 12 participating TPP countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam) after five (5) days of round-the-clock negotiations in Atlanta agreed on Monday, Oct 5, 2015 to the largest regional trade agreement in history. The final sticking points in Atlanta centered on the length of market protections for an emerging class of pharmaceuticals, tariffs for dairy products and rules governing how to classify where automobiles are manufactured.

The TPP still faces months of debate in Congress even as presidential candidates, labor unions and liberal activists line up to oppose the agreement. On the other hand, Congress gave the president “fast track” trade promotion authority (TPA) in June, which guarantees that trade agreements will receive expedited consideration in Congress and a yes-or-no vote without amendments or filibusters.

The full text of the Agreement’s thirty (30) chapters will not be available for a month. Under the terms of the fast-track legislation, the president must wait 90 days after the TPP agreement is completed before he signs it and sends it to Congress for a vote, and the text of the accord must be made public for at least 60 of those days.

For more information, please contact your local MIQ Logistics representative.


Economic Update – September 2015

“The U.S. LEI suggests economic growth will remain moderate into the New Year, with little reason to expect growth to pick up substantially,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “Average working hours and new orders in manufacturing have been weak, pointing to more slow growth in the industrial sector. However, employment, personal income and manufacturing and trade sales have all been rising, helping to offset the weakness in industrial production in recent months.”  – www.conference-board.org

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U.S. Unemployment Situation

Bureau of Labor Statistics

Total nonfarm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and information, while mining employment fell.

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September 2015 Manufacturing ISM Report on Business

Institute for Supply Management

Economic activity in the manufacturing sector expanded in September for the 33rd consecutive month, and the overall economy grew for the 76th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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

The following announced levels from carriers are for General Rate Increases (GRI) as well as Bunker Fuel Level updates for the dates listed below.

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