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

News

COVID-19 IMPACT ON SHIPPING INDUSTRY

The COVID-19 pandemic continues to impact all aspects of our industry, including warehouse handling for air and LCL shipments. Numerous terminals are reporting increases in terminal handling fees.

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RELOCATION NOTICE: LOS ANGELES, CA, FACILITY

Noatum Logistics is pleased to announce that our Los Angeles, CA, office and warehouse operations have now consolidated and relocated into our new, larger facility. 

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IMPORTS TO SEE DOUBLE-DIGIT ANNUAL DECLINES EVEN AS STORES BEGIN TO REOPEN

Source:  National Retail Federation Press Release – May 8, 2020

Imports at major U.S. retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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CHINA TARIFFS: LIST 3 EXCLUSIONS RELEASED MAY 8

On Friday, May 8, 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. 90 27489.

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CHINA TARIFFS: EXTENSIONS BEING CONSIDERED FOR LIST 3 TARIFF EXCLUSIONS

On May 1, 2020, the United States Trade Representative announced that they are considering a possible extension for up to 12 months for exclusions granted under the initial 11 List 3 product exclusion notices posted through March 26, 2020.  The extension would apply to almost all exclusions issued for the $200 Billion List 3 products currently subject to a 25% tariff.

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APRIL LOGISTICS LINK

During the month of April, 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 April 2020 logistics link.

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APRIL 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – May 1, 2020

Economic activity in the manufacturing sector contracted in April, and the overall economy contracted after 131 consecutive months of expansion, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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USMCA TO ENTER INTO FORCE JULY 1, 2020

On Friday, April 24, 2020, the United States Trade Representative (USTR) Robert Lighthizer notified Congress that the United States-Mexico-Canada Agreement (USMCA) will enter into force on July 1, 2020.

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CHINA TARIFFS: LIST 3 EXCLUSIONS RELEASED APRIL 24

On Friday, April 24, 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. 80 23122.

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USMCA: CBP ESTABLISHES U.S.-MEXICO-CANADA AGREEMENT INTERIM IMPLEMENTATION INSTRUCTIONS

On Monday, April 20, 2020, U.S. Customs and Border Protection (CBP) released Cargo System Messaging Service (CSMS) 42429822 announcing the “Interim Implementation Instructions” for the United States-Mexico-Canada Agreement (USMCA). 

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