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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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Creating Value

June’s Cass Freight Index Points to Highest Shipment Volumes Since ’07

Shipment Volumes

“June shipment volumes increased 2.4 percent to the highest level since November 2007, just before the recession. Volumes were 6.0 percent higher than a year ago and are up 15.8 percent since the beginning of 2014.”

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The Corporate Investigations List (The FCPA Blog)

The companies listed below are the subject of an ongoing and unresolved FCPA-related investigation. The names are current through June 30, 2014.

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Container Yard

Possible West Coast Trade Disruption

The Coalition of New England Companies for Trade (CONECT) issued an advisory Thursday evening regarding a possible West Coast Trade Disruption.

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U.S. Unemployment

On Thursday 7/3/14 the Bureau of Labor Statistics released their latest “Employment Situation Summary”. For the month of June, total nonfarm payroll employment witnessed an increase of 288,000.

“Transportation and warehousing employment increased by 17,000 in June.” Over the prior 12 months, this industry has averaged an additional 11,000 jobs per month.

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MIQ Container Yard

Delays at the Ports of Los Angeles and Long Beach

Please note we are currently seeing congestion and delays at the Los Angeles and Long Beach ports. The port congestion, coupled with equipment shortages, is resulting in delays of 7 to 10 days or more for containers destined to move inland on rail.

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