Blog – Sobel Network Shipping Co., Inc.

Blog - page 73

Projected: Global Logistics Industry to Surpass $16 Trillion by 2032, Indicates Research

Anticipated findings project that the worldwide logistics sector will achieve a remarkable valuation of over $16.79 trillion by the year 2032. A recent study conducted by Allied Market Research reveals that the global logistics landscape achieved an impressive revenue of over $9.83 trillion in 2022, which sets the stage for a compounded annual growth rate […]

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Parlamentares se unem por melhorias no transporte ferroviário nos EUA

Os senadores americanos Tammy Baldwin (Partido Democrata de Wisconsin) e Roger Marshall (Partido Republicano do Kansas) uniram forças em um esforço colaborativo para enfrentar os desafios contínuos de serviço ferroviário não confiável e os altos custos de remessa que empresas americanas enfrentam atualmente. Como parte de sua iniciativa conjunta, eles reintroduziram a Lei de Serviços […]

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LPG Shipping Stocks Surge as Propane Exports Reach All-Time Highs

Several shipping stocks have outperformed the market this year, with Dorian LPG (NYSE: LPG) leading the pack. Its adjusted closing price, factoring in dividends, has surged by 63% year-to-date. On Monday, its share price attained a historic peak since its initial public offering in 2014. Dorian manages a fleet of very large gas carriers (VLGCs) […]

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Logistics Managers’ Index Records Historic Low as Transportation Prices Show Moderate July Decline

In July, the Logistics Managers’ Index (LMI) unveiled a notable yet moderated decrease in transportation prices, contrasting with the sharp declines of the previous months. During the month, the recorded price reading stood at 35.6 on the index, well below the neutral level of 50. While the descent wasn’t as steep as the record-breaking drop […]

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Exportações industriais do Brasil para os Estados Unidos batem recorde no primeiro semestre

As exportações industriais brasileiras para os Estados Unidos bateram recorde de US$ 14,5 bilhões no 1º semestre de 2023, revela a mais recente edição do Monitor do Comércio Brasil-EUA, elaborado pela Amcham Brasil. Em comparação com o 1º semestre do ano passado, o aumento foi de 4%, consolidando o mercado americano como o principal destino […]

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U.S. Government Encourages Voluntary Self-Disclosures for Potential Export Violations

The U.S. Government, through the Department of Justice, Department of Commerce’s Bureau of Industry and Security (BIS), and the Department of the Treasury’s Office of Foreign Assets Control (OFAC), has issued a joint compliance note emphasizing the significance of voluntary self-disclosures regarding potential violations of U.S. sanctions, export controls, and other national security laws. The […]

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GAO Report Reveals Section 232 Tariff Exclusion Findings

On July 20, the Government Accountability Office (GAO) released a comprehensive report titled “Steel and Aluminum Tariffs: Agencies Should Ensure Exclusion Requests Are Needed and Duties Are Paid.” The report sheds light on the administration of Section 232 exclusions, which were imposed in March 2018 by the President due to national security concerns. These exclusions […]

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CDC prolonga restrições para importação de cachorros do Brasil e outros países

O Centers for Disease Control and Prevention (CDC) estendeu a suspensão da importação de cachorros vindos de países com risco para a raiva até 31 de julho de 2024. A suspensão inclui cachorros que estiveram nesses países nos últimos seis meses. Entre os países citados estão o Brasil, Afeganistão, Camboja, Colômbia, Cuba, Paquistão, Rússia, Filipinas, […]

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Bipartisan Effort Revived to Enhance Freight Rail Service in the US

In a joint effort to address the ongoing challenges of unreliable rail service and high shipping costs faced by American businesses, U.S. Senators Tammy Baldwin (D-Wis.) and Roger Marshall (R-Kan.) have reintroduced the Reliable Rail Service Act. Supported by various industry stakeholders, including agriculture, labor, energy, and manufacturing organizations, the legislation aims to bring about […]

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Shippers Cautious About Freight Services Amid Labor Disputes

In recent days, FreightWaves’ reporter Noi Mahoney covered the ongoing Canadian port strike. The articles titled “Dockworkers at Canada’s West Coast ports launch strike” and “Dockworkers strike continues at Canada’s West Coast ports” shed light on the situation. (Link to articles and Thursday’s FreightWaves Now appearance can be found in the original report.) Here’s a […]

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