Source: Institute for Supply Management – April 1, 2020 Release
Economic activity in the manufacturing sector contracted in March, and the overall economy grew for the 131st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
During the month of March, 2020, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates and announcements in the March 2020 logistics link.
On Tuesday, March 31, 2020, the United States Trade Representative (USTR) office released its third list of product exclusions to the Section 301 List 4A products currently subject to a 7.5% tariff in the Federal Register Notice 85 No 62 FR 17936.
On Thursday, March 26, 2020, U.S. Customs and Border Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42161666 advising that they are no longer accepting requests for additional days for payment which was announced in CSMS 42097586.
On Thursday, March 26, 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 No. 59 17158.
On Wednesday, March 25, 2020, the United States Trade Representative (USTR) issued Federal Register Notice 85 No 58 16987, which addresses the need to modify the China Section 301 tariffs by removing additional duties from medical care products needed to address the COVID-19 outbreak.
On Friday, March 20, 2020, at 4:50pm, U.S. Customs and Broder Protection (CBP) issued Cargo Systems Messaging Service CSMS Message 42097586 which states:
On Friday, March 20, 2020, the United States and Mexico agreed to restrict all non-essential travel across the border in an effort to slow the spread of the coronavirus. It is important to note that this agreement, which will go into effect on Saturday, March 21, refers to non-essential travel only and will not affect trade.
Noatum Logistics has received an update from the Houston Port Authority that the Port Houston container terminals are reopening for regular business Friday morning, March 20, 2020.
