During the month of February, 2020, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates, announcements, and careers at Noatum Logistics USA in the February 2020 logistics link.
Regulatory Updates
CHINA TARIFFS: FEBRUARY EXCLUSIONS TO LISTS 1, 2 AND 3
The United States Trade Representative (USTR) office released four new lists of product exclusions to the Section 301 List 1-3 products currently subject to a 25% tariff. Read more.
CN RAIL BLOCKADES CAUSING NETWORK SHUTDOWNS
CN mainlines are being physically blocked by groups who are opposed to the completion of a natural gas pipeline in Northern British Columbia. The blockades have caused shutdowns in several locations. Read the full CN press release. For additional background information, please refer to the BBC article here: https://www.bbc.com/news/world-us-canada-51452217. Read more.
CORONAVIRUS UPDATE #4 – FEBRUARY 13
Factories in China have begun to reopen but, because regional travel restrictions are still in place, some employees will not be able to return to work immediately. This is especially true for migrant workers from Hubei where most of the coronavirus (n-CoV) infections have been reported. Read more.
CORONAVIRUS UPDATE #3 – FEBRUARY 5
As the coronavirus outbreak persists, our thoughts are with our customers, colleagues and their families across the world. On February 4, 2020, the WHO (World Health Organization) officials advised that the coronavirus outbreak is not a pandemic and added that they are hopeful the transmission of the virus can be contained. Additional regions have extended the Chinese New Year holiday through February 9. Read more.
CHINA TARIFFS: ADDITIONAL LIST 3 EXCLUSIONS ANNOUNCED
On Wednesday, February 5, 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 FR 6674. Read more.
CHINA TARIFFS: GUIDANCE FOR SECTION 301 LIST 4A REDUCTION
On February 4, 2020, United States Customs and Border Protection (CBP) issued a bulletin providing guidance related to the United States Trade Representative (USTR) Federal Register Notice 85 FR 3741 issued on January 20, 2020, which decreased the China List 4A tariff to 7.5% from 15%. Read more.
Industry News
FEBRUARY RETAIL IMPORTS TO SEE LARGER DROP AMID CORONAVIRUS
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. Read more.
JANUARY 2020 MANUFACTURING ISM® REPORT ON BUSINESS®
Economic activity in the manufacturing sector grew in January, and the overall economy grew for the 129th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. Read more.
Transpacific General Rate Increase (GRI) and Peak Season Surcharges (PSS)
Announced levels for upcoming Transpacific Eastbound GRIs and PSSs from carriers can now be accessed anytime from our MIQ.com – Resources – Information and Tools page.
Announcement
Changes to LinkedIn
The Noatum Logistics LinkedIn account will be closing soon. The good news is that you can still receive our updates if you follow us in our group division page: Noatum Logistics. Please begin following us here.
Careers at Noatum Logistics USA
It is an excellent time to consider a career at Noatum Logistics USA (formerly MIQ Logistics)! As part of this extensive worldwide organization, Noatum Logistics USA offers a variety of opportunities for our employees around the globe. As a sustainable competitive advantage, our employees make a difference for our customers every day.
Noatum Logistics, a leading player in the global logistics industry, currently has openings in the following locations: Los Angeles (Gardena/Compton), CA, Chicago, IL, and Miami, FL. View our current openings here and apply today!