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

News / Kirsten Rysko

GSP CHANGES ANNOUNCED

Numerous changes to the Generalized System of Preferences (GSP) were made in an October 30 presidential proclamation following the beneficiary developing country assessments, product reviews and eligibility review.

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IMPORTS SET NEW ‘PEAK SEASON’ RECORD AS RETAILERS PREPARE FOR HOLIDAYS

Source:  National Retail Federation Press Release – November 9, 2020

Imports likely saw their busiest “peak season” on record this summer and fall as retailers replenished inventories and stocked up for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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TEMPORARY CLOSURE OF MIAMI OFFICE DUE TO TROPICAL STORM ETA

Noatum Logistics will be closing our Miami office on Monday, November 9, 2020, due to dangerous weather conditions from Tropical Storm Eta.

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OCTOBER 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – November 2, 2020

Economic activity in the manufacturing sector grew in October, with the overall economy notching a sixth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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OCTOBER LOGISTICS LINK

During the month of October, 2020, Noatum Logistics was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates and announcements in the October 2020 Logistics Link.

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REMINDER: CUSTOMS USER FEES AND LIMITATIONS INCREASED

Effective October 1, 2020, U.S. Customs and Border Protection (CBP) adjusted certain customs user fees pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA) for fiscal year 2021 in accordance with the Fixing American’s Surface Transportation Act (FAST Act) as implemented by CBP regulations.

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IMPORTS SET NEW RECORD AS RETAILERS REPLENISH INVENTORIES AND STOCK UP FOR THE HOLIDAYS

Source:  National Retail Federation Press Release – October 8, 2020

Imports reached an all-time high this summer as retail sales bounced back from the pandemic and merchants replenished inventories and stocked up early for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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VIETMAN: SECTION 301 INVESTIGATION INITIATED

On Friday, October 2, 2020, the United States Trade Representative (USTR) office announced in a press release that it is “initiating an investigation addressing two significant issues with respect to Vietnam.”

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SEPTEMBER 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – October 1, 2020

Economic activity in the manufacturing sector grew in September, with the overall economy notching a fifth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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CARIBBEAN BASIN TRADE PARTNERSHIP ACT (CBTPA) EXPIRED OCTOBER 1, 2020

On Thursday, October 1, 2020, U.S. Customs and Border Protection (CBP) released CSMS Message 44279197 to inform the trade of the expiration of the Caribbean Basin Trade Partnership Act (CBTPA).

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