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Uzbekistan to Automate Excise Tax Reporting from 2027
Uzbekistan is automating excise tax reporting for oil and gas products, with a transition to proactive tax return preparation planned for 2027.
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Saudi Aramco Profit Beats Expectations as Oil Prices Soar
Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…
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Pamt Corp. reports Q3 net loss, books 109.1% truckload OR
Truckload carrier Pamt Corp. lost money again during the third quarter. Like other carriers , it pointed to elevated driver procurement costs and the spike in diesel fuel prices as the culprits. Pamt ( NASDAQ: PAMT ) reported a net loss of $8.1 million, or 38 cents per share, on Monday after the market closed. Earning…
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OPEC+ holds December oil output target
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 November 2026, to review global market conditions and outlook. The seven participating countries decided to main…
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Non-Performing Loans Account for 3.8% of Uzbekistan Bank Lending
Uzbekistan’s banks reported 25.04 trillion soums in non-performing loans as of 1 October 2026, equal to 3.8% of their total loan portfolio.
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Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours
Arkansas Highway Police and federal law enforcement agencies conducted a sweeping 48-hour commercial vehicle enforcement operation that resulted in 183 English-language proficiency violations, 44 criminal arrests and more than 1,000 motor carrier safety violations. The crackdown, dubbed Operation Highway Shield , took…
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FedEx Freight sees volumes stabilize, eyes Q4 margin improvement
The nation’s largest less-than-truckload carrier, FedEx Freight, said Thursday that volumes have continued to stabilize and that it expects to see stronger operating leverage next year as a standalone company. Its local, dedicated LTL sales teams are seeing business wins and driving a better freight mix across the net…