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Q3 Regulatory Updates

  • Regulatory Updates

Higher Tariffs?           

A widely-cited AXIOS report indicates the President intends to impose 20% tariffs on Steel and possibly other imports, against the advice of his cabinet.  Other products under scrutiny include Aluminum, Solar Cells and Washing Machines. 

More expansive than Antidumping or Countervailing Duty, Section 232 of the Trade Expansion Act of 1962  (Sec 232 – National Security: Steel, Aluminum) and Section 201 of the Trade Act of 1974 (Sec 201 – Global Safeguards: Solar Cells, Washing Machines) permit the imposition  of trade barriers, including increased duties, across all origins and, is not trading-partner specific.

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June 2017 Manufacturing ISM Report

June 2017 Manufacturing ISM Report On Business

  • Economic News

Source: Institute for Supply Management.

Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 97th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Cass Freight Index - May 2017

Cass Freight Index – May 2017

  • North America Transportation

Cass Information Systems, Inc. 

Not only have both the Shipments and Expenditures Indexes have now been positive for five months in a row, but they are showing accelerating strength. Throughout the U.S. economy, there is a growing number of data points suggesting that the economy continues to get slightly better. Some data points are simply less bad, but an increasing number of them are better, and even a few are becoming outright strong.

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supply chain alert banner 2017

Maersk Impacted by Cyber Attack “Petya”

  • Supply Chain Alerts

On Tuesday, the ‘Petya’ ransomware cyberattack began hitting companies throughout Russia, Ukraine, France, Denmark and the U.S.   Initial reports indicated the attack disrupted more than 80 companies.  Infected computers displayed a message demanding a Bitcoin ransom. The cyberattack hit numerous companies ranging from food processors to crude oil producers to European government agencies as well as A.P. Moller-Maersk, the world’s largest shipping company.

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Ingram’s Names MIQ Logistics A Top 100 Company For The Seventh Consecutive Year

  • MIQ in the News, Press Releases

ingrams top 100 2017

OVERLAND PARK, Kan., June 27, 2017 – MIQ Logistics is pleased to announce that for the seventh consecutive year it is ranked on the Ingram’s list of Top 100 Privately Held Companies in the greater Kansas City area.

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US Economic Snapshot

U.S. Economic Snapshot – June 2017

  • Economic News

“The U.S. LEI continued on its upward trend in May, suggesting the economy is likely to remain on, or perhaps even moderately above, its long-term trend of about 2 percent growth for the remainder of the year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “The improvement was widespread among the majority of the leading indicators except for housing permits, which declined again. And, the average workweek in manufacturing has recently shown  no sign of improvement.”       – The Conference Board

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Air & Ocean Freight Consolidation From Miami to Guayaquil Ecuador

  • Global Logistics

Air and Ocean Freight Consolidation

MIQ Logistics is now providing air and ocean freight consolidation services from Miami (MIA) to Guayaquil, Ecuador

MIQ Logistics consolidation services are chosen through blocked space agreements (BSA) through premium commercial and freighter airline direct flights. Many of the blocked space agreements are with freighter cargo carriers, which helps eliminate commercial aircraft restrictions that occur.

Additionally, MIQ Logistics also offers weekly ocean less-than-container (LCL) and full-container-load (FCL) consolidation options between Miami and Guayaquil.

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ATA Truck Tonnage Index

ATA Truck Tonnage Index Jumped 6.5% In May

  • North America Transportation

American Trucking Associations

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 6.5% in May, following a 1.5% decline during April. In May, the index equaled 144.1 (2000=100), up from 135.3 in April.

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MIQ UK Shortlisted At 2017 Retail Week Supply Chain Awards

  • MIQ in the News

We are excited to announce that our MIQ Global team in the UK was shortlisted in the Supply Chain Visibility category at the 2017 Retail Week Supply Chain Awards. 

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Import Cargo Volume MIQ

Retail Imports Could Hit Record Despite Slower Growth

  • Ocean Market

Source: National Retail Federation

The rate of import growth at the nation’s major retail container ports has begun to slow after double-digit surges earlier this year but volume should nonetheless hit an all-time high by the end of the summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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