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

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FEBRUARY 2020 LOGISTICS LINK

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.

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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.

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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 at Tyendinaga, ON, since February 6; New Hazelton, BC, since February 8; and Headingly, MB, since February 12.  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.

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CORONAVIRUS UPDATE #4

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.

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FEBRUARY RETAIL IMPORTS TO SEE LARGER DROP AMID CORONAVIRUS

Source:  National Retail Federation Press Release – February 10, 2020

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.

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JANUARY 2020 MANUFACTURING ISM® REPORT ON BUSINESS®

Source:  Institute for Supply Management – February 3, 2020 Release

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®.

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CORONAVIRUS UPDATE #3

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. 

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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.

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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%.

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JANUARY 2020 LOGISTICS LINK

During the month of January 2020, Noatum Logistics (formerly MIQ Logistics) was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates, retail supply chain solutions, and careers at Noatum Logistics USA in the January 2020 logistics link.

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