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July 2014 Logistics Link

Welcome to the July 2014 Logistics Link, the MIQ Logistics monthly newsletter

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Containers

Trusted Trader Program

US Customs and Border Protection (CBP) announced a plan to unify the Customs-Trade Partnership Against Terrorism (“C-TPAT”) and Importer Self-Assessment (“ISA”) programs under a new test program called the “Trusted Trader Program.” 

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U.S. Economic Summary – July 2014

“Consumer confidence increased for the third consecutive month and is now at its highest level since October 2007 (95.2). Strong job growth helped boost consumers’ assessment of current conditions, while brighter short-term outlooks for the economy and jobs, and to a lesser extent personal income, drove the gain in expectations. Recent improvements in consumer confidence, in particular expectations, suggest the recent strengthening in growth is likely to continue into the second half of this year.” – The Conference Board

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TPEB Peak Season Surcharge and Bunker Fuel Adjustments

The announced levels for Transpacific Eastbound Peak Season Surcharge (PSS) and Bunker Fuel Adjustments from the carriers are listed below.

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Creating Value

ATA Truck Tonnage Index Decreased in June

The American Trucking Assoications’ advanced seasonally adjusted For-Hire Truck Tonnage was reported to have declined in the month of June by 0.8%; this followed a increase in May of 0.9%.

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MIQ LOGISTICS RETAINS “FASTEST-GROWING” STATUS

OVERLAND PARK, Kan., July 15, 2014Ingram’s magazine once again recognizes the success of MIQ Logistics in satisfying the logistics needs of its customers.

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Container Yard

Pickets Taken Down and Contract Negotiations Resume in LA/LB

As the International Longshore and Warehouse Union and the Pacific Maritime Association continue their contract talks, reports that the Teamsters have taken down their pickets in the LA/LB harbor is a positive sign.

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Creating Value

Freight TSI Reached New Level in May

“The amount of freight carried by the for-hire transportation industry rose 0.6 percent in May from April, rising for the fourth consecutive month, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) Freight Transportation Services Index (TSI) released today.”

“The level of freight shipments in May measured by the Freight TSI (120.0) reached a new all-time high level of 120.0, exceeding the previous high of 119.4 in November 2013.”

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Latest U.S. Import Forecast

Today the Global Port Tracker report by the National Retail Federation and Hackett Associates.  Current and forecasted U.S. import volume data is found within the report which points to July as being the highest monthly volume in the last five years.

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Shipping Port

PMA and ILWU Provide Update on Contract Talks

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) today issued the following statement:

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