News

Container Shipments MIQ

Time for Shippers to Think Again About Diverting US West Coast Cargo to the East

Supply Chain 247

US shippers that diverted Asian imports to east coast ports to avoid the heavily congested Pacific coast container terminals could do well to review their strategy following a return to normality on the west coast.

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Enhanced Hong Kong Office

OVERLAND PARK, Kan., June 2, 2015 – MIQ Logistics announces the opening of its new, enhanced regional and local combined office in Hong Kong. Located at Kwun Tong Harbour Plaza, Kowloon, the new facility has twice the square footage of the prior facility.

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Economic Update – May 2015

“April’s sharp increase in the LEI seems to have helped stabilize its slowing trend, suggesting the paltry economic growth in the first quarter may be temporary,” said Ataman Ozyildirim, Economist at The Conference Board. “However, the growth of the LEI does not support a significant strengthening in the economic outlook at this time. The improvement in building permits helped to drive the index up this month, but gains in other components, in particular the financial indicators, have been somewhat more muted.”

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May 2015 Manufacturing ISM Report on Business

Institute for Supply Management

  • 50 (red line below) represents the dividing line between expansion and contraction for the index of the below chart; which covers the Purchasing Managers Index (PMI) and new orders.
  • The PMI reading registered 52.8% in May, which is an increase of 1.3% from April ’15.
  • New Orders Index registered 55.8% in May, which is an increase of 2.3% from April ‘15.

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

The following announced levels from carriers are for General Rate Increases as well as a Peak Season Surcharge, and third quarter Bunker Fuel Adjustments beginning on the dates listed below.

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March 2015 North American Freight Numbers

Department of Transportation

U.S.-NAFTA freight totaled $96.1 billion in March 2015 as three out of five transportation modes – air, rail, and truck – carried more U.S.-NAFTA freight than in March 2014, according to the TransBorder Freight Data released today by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS)

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Shipping Carrier and Containers

Labor peace finally arrives for West Coast ports

Logistics Management

Labor peace has finally officially for West Coast ports. Following the Pacific Maritime Association (PMA) signing off on ratifying a new five-year contract with the International Longshore & Warehouse Union (ILWU) on May 20, the ILWU followed suite on May 22, saying that 82 percent of its longshore worker members voted to ratify the tentative contract agreement between the parties that was reached on February 22.

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MIQ Supply Chain Alert

ILWU & PMA Ratify Five-Year Contract

After nearly 11 months, the Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union (ILWU) have announced a ratification of a new five-year contract.

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West Coast Longshore workers overwhelmingly vote to approve new 5-year waterfront contract by 82%

International Longshore and Warehouse Union (ILWU)

West Coast Longshore workers have overwhelmingly voted to ratify a tentative contract agreement reached in February with employers represented by the Pacific Maritime Association (PMA).Members of the International Longshore and Warehouse Union (ILWU) voted 82% in favor of approving the new 5-year agreement that will expire on July 1, 2019. The previous contract was ratified in 2008 with a vote of 75% in favor.

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Shipping Logistics Picture

Pacific Maritime Association membership signs off on new contract with ILWU

Logistics Management

While the dust continues to settle at West Coast ports after a nine-month labor dispute that saw the two main parties involved–the Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union–reach a tentative labor agreement on February 22, the PMA said yesterday that its members voted to ratify a new contract with the ILWU.

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