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

News

RETAIL IMPORTS SETTLING DOWN AFTER YEAR OF TARIFF SURGES

Source: National Retail Federation Press Release – January 10, 2020

 After a year of fluctuations driven by the uncertainty of the trade war with China, volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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China Tariffs: New List 3 Exclusions Announced

On Monday, January 6, 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 FR 549 .

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DECEMBER 2019 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – January 3, 2020 Release

Economic activity in the manufacturing sector contracted in December, and the overall economy grew for the 128th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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DECEMBER 2019 LOGISTICS LINK

During the month of December 2019, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates, industrial manufacturing supply chain solutions, and careers at Noatum Logistics USA in the December 2019 logistics link.

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China Tariffs: USTR Issues Extension for Specific Product Exclusions

On December 23, 2019, the United States Trade Representative (USTR) issued a Notice of Product Exclusion Extension extending, for one year, 6 of the 31 exclusions originally issued on the first list of Product Exclusions: December 28, 2018.  Only the 6 item exclusions listed below will be extended for one year. The remaining 25 item exclusions have expired.

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CTPAT: Portal Update to Include New Minimum Security Criteria

On Thursday, December 19, 2019, U.S. Customs and Border Protection (CBP) issued an update on the new Minimum Security Criteria (MSC) in CSMS Message 41052241. The message is addressed to CTPAT members and provides important information on the effective date for the MSC, along with how to find the new requirements and when you can update your profile with the new information.

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China Tariffs: December 17 List 3 Exclusions Announced

On Tuesday, December 17, 2019, 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 84 FR 69012

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Revised United States-Mexico-Canada Agreement (USMCA) Signed

On December 10, 2019, a revised version of the USMCA was agreed upon and signed by the United States, Mexico and Canada.  The USMCA, which is set to modernize the North American Free Trade Agreement (NAFTA), was initially agreed upon and signed in 2018.  USMCA updates provisions on agriculture, automobiles, textiles, apparel, rules of origin, communications technology, intellectual property rights, low-value shipments, digital trade, currency and other issues.

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China and United States Reach Phase 1 Deal – List 4B Canceled

On Friday, December 13, 2019, the United States Trade Representative (USTR) announced a  Phase 1 Trade Agreement  with China.  This enforceable agreement requires structural reforms to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.

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New Format for Supply Chain Alerts

As we continue our transition to Noatum Logistics USA from MIQ Logistics, we’d like to update you on some upcoming format changes to our Supply Chain Alert and Logistics Link messages. The changes will be implemented with your next alert and monthly logistics link communications.

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