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


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August 2019 Manufacturing ISM® Report On Business®

Source: Institute for Supply Management – September 3, 2019

Economic activity in the manufacturing sector contracted in August, and the overall economy grew for the 124th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Hurricane Dorian Heads Up Coast of Southeast USA

Hurricane Dorian continues to wreak havoc in the Bahamas today. The storm is expected to move toward the east coast of Florida and continue on a northward offshore path along the southeast coast of the United States during the next several days. For more details regarding weather forecasts, please refer to:

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Comment Period Now Open for Section 301 Tariff Increase for China

On Thursday, August 29, 2019, the United States Trade Representative (USTR) issued a request for comments concerning Section 301 actions. This comment period is specific to the increase in tariffs from 25 percent to 30 percent for Section 301 Lists 1-3 valued at $250 billion previously announced in the USTR Statement on Section 301 Tariff Action Regarding China. These new tariffs are set to increase on October 1, 2019.

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August 2019 Logistics Link

During the month of August 2019, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates, a case study, events, and careers at Noatum Logistics in the August 2019 logistics link.

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Hurricane Dorian Posing Threat to Areas in Caribbean, Atlantic, and Southeast USA

The National Weather Service has issued hurricane advisories for several areas in the Caribbean Sea and Atlantic Ocean related to Hurricane Dorian. Hurricane Dorian now threatens the southeast USA, including Florida, Georgia and the Carolinas over the weekend. The exact path of the storm is uncertain at this time. Companies and residents are encouraged to closely monitor the forecast in these areas and take appropriate measures.

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All China Tariffs Increasing

On Friday, August 23, 2019, the United States Trade Representative (USTR) office released the USTR Statement on Section 301 Tariff Action Regarding China in response to China’s “unjustified tariffs targeting U.S. products.”

The United States will be increasing by 5% the tariffs on approximately $550 billion worth of Chinese imports as follows:

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China Tariffs: List 4 Processing Information

The Federal Register Notice 84 FR 43304 published by the United States Trade Representative (USTR) Tuesday, August 20, 2019, announced the specifics related to the next steps for processing the new 10% tariffs on $300 billion of China products announced on August 13, 2019.

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MIQ Supply Chain Logistics

China Tariffs: List 4, Two-Phased Release Process

On Tuesday, August 13, 2019, the United States Trade Representative (USTR) posted a press release, USTR Announces Next Steps on Proposed 10 Percent Tariff on Imports from China.

The USTR advised that a two-phased approach will be used for the implementation of the 10 percent tariff on $300 billion of China products:

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MIQ Supply Chain Logistics

Customs User Fees and Limitations Increasing

On August 2, 2019, U.S. Customs and Border Protection (CBP) published a Federal Register Notice announcing that CBP is adjusting certain customs user fees pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA) for Fiscal Year 2020 in accordance with the Fixing America’s Surface Transportation Act (FAST Act) as implemented by CBP regulations.

The adjusted amounts will be effective October 1, 2019. 

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MIQ Supply Chain Logistics

Hong Kong International Airport Closure

Flights into and out of Hong Kong have been cancelled by the Airport Authority Hong Kong due to the occupation of the airport by protestors. Per the Hong Kong International Airport website today, “Airport operations at Hong Kong International Airport (HKIA) have been seriously disrupted, all flights have been cancelled.”

HKIA, the world’s busiest cargo airport, has seen mass flight cancellations today, with all passenger flights cancelled until tomorrow morning, leading to disruptions of some cargo activities. It is inevitable that this disruption will impact freight operations, though if short-lived, its impact may be minimal.

Noatum Logistics is closely following the situation and will provide updates as received. For more information, please contact your local Noatum Logistics representative.