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FedEx drawing parcel-focused shippers to its air freight services
Air freight demand from traditionally parcel-centric customers is rising as the carrier pushes for more business in high-value segments like AI and data centers.
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OPI, Nioxin owner appoints chief supply chain officer
Javier Huerta will oversee The Wella Company’s sourcing, manufacturing and logistics capabilities, effective Dec. 1
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Kazakhstan’s GDP Is Growing, but Is Its Economy Transforming?
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan should think like a small, open economy and look to California’s transformation beyond oil, rather than relying on higher commodity prices and government spending to sustain economic growth, former World Bank chief…
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Tokayev’s Wage, Digital Economy Reforms Must Protect Workers’ Rights, Expert Says
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan’s plans to raise the minimum wage and expand digital employment should be accompanied by stronger labor protections, safeguards against algorithmic decision-making and fairer access to social assistance, said Dr. M…
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Trump opts for trade talks over tariffs for robotics, industrial machinery
For the second time this month, the president directed cabinet officials to negotiate over imports deemed a threat to U.S. commerce and security by a Section 232 probe.
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SFL adds $365m newbuild trio with $333m in charter cover
John Fredriksen-backed SFL Corporation has agreed to acquire three newbuildings for around $365m, securing long-term employment that will add at least $333m to its charter backlog. The New York-listed shipowner said the latest investment covers two 8,800 teu containerships scheduled for delivery in 2027 and a 93,000 c…
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Central Asian Lawmakers Discuss Regional Integration at Dushanbe Forum
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Parliamentarians from five Central Asian countries discussed regional security, economic integration and digital cooperation at the fourth Inter-Parliamentary Forum of Central Asian States in Dushanbe on Oct. 29, Kazinform re…
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Korean carrier Namsung returns to China for larger boxships
South Korea’s Namsung Shipping has been linked to another containership order in China, with brokers reporting a deal for two firm 7,100 teu vessels at Dalian Shipbuilding Industry Corporation (DSIC), plus options for another pair. Shipbroking sources said the CSSC-owned yard had secured the contract, with deliveries …
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Kazakhstan Ranks 41st Worldwide for Public Order and Security, Global Index Shows
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan ranked 41st out of 143 countries and jurisdictions in the Order and Security factor of the 2026 World Justice Project (WJP) Rule of Law Index, improving one position from last year, according to the organization’s …
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Kazakhstan, Georgia Work to Expand Cross-Border Access to Financial Markets
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan and Georgia are working to make it easier for financial institutions to access each other’s capital markets, with regulators exploring mutual market recognition mechanisms to support cross-border investment and fin…
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Kazakhstan Calls for Stronger Cooperation Among Turkic States Ahead of OTS Summit
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s Foreign Minister Mukhtar Tileuberdi called for stronger political dialogue and closer trade and transport ties among Turkic states at an Oct. 29 meeting ahead of the 13th Summit of the Organization of Turkic Stat…
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Kazakh Government Outlines Budget and Tax Measures After Tokayev’s Address
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan plans to expand AI in budget management, overhaul investment coordination, consider higher taxes on wealthy citizens, and raise the minimum monthly wage to 110,000 tenge ($242) in 2027 as the government moves to im…
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India greenlights $1bn drive to break China’s container manufacturing dominance
India has approved a INR100bn ($1.05bn) programme to massively expand domestic shipping container manufacturing, targeting a tenfold increase in annual capacity as New Delhi seeks to challenge China’s near-monopoly over the industry. The country’s cabinet approved the Container Manufacturing Promotion Scheme yesterday…
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Kazakhstan Plans 21 Logistics Centers, 20% Power Surplus Under Tokayev’s Nation Address
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan plans to build 21 new logistics centers by 2030, add 13.3 gigawatts of power generation capacity by 2029 and accelerate the digitalization of water resources, agriculture and geological data as the government works…
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Boluda strikes deal to acquire Samskip
Spanish shipping group Boluda has agreed to acquire Netherlands-headquartered multimodal operator Samskip, bringing together two major European shortsea businesses in a deal spanning 32 vessels and 18 routes. Boluda Shipping said the acquisition would combine its container shipping network with Samskip’s northern Euro…
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Maritime CEO Forum: Tanker owners see more upside
Tanker owners remain broadly bullish on the extraordinary freight market despite soaring asset prices, an ageing fleet and mounting geopolitical risks. Speaking at the Maritime CEO Forum at the Yacht Club de Monaco on Tuesday, leading tanker executives debated the warning signs that could signal an end to the boom, th…
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Drone-hit boxship sinks off Bulgaria
The Greek-managed containership Contship Jet has sunk off Bulgaria after being struck by three sea drones yesterday, as Russia claims further attacks on merchant vessels heading towards Ukrainian ports. The Liberian-flagged vessel, operated by Contships Management, was sailing from Haifa to Constanta when it was attac…
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Tokayev’s Vision of Strong Cities and Regions Requires Nationwide Development, Analyst Says
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Improving cities, modernizing infrastructure and raising living standards have been recurring priorities in President Kassym-Jomart Tokayev’s state-of-the-nation addresses. His latest address brought these themes together wit…
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Kazakhstan Leads Central Asia in Wages but Records Decline in Purchasing Power
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan ranks third among six Commonwealth of Independent States (CIS) countries with available data for monthly employer labor costs, behind Belarus and Moldova, according to the CIS Statistical Committee. In 2024, labor …
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Tokayev Arrives in Ankara for Official Visit, Set to Attend Turkic States Summit
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakh President Kassym-Jomart Tokayev arrived in Ankara on Oct. 28 for an official visit to Türkiye, where he is scheduled to attend the 13th summit of the Organization of Turkic States. Photo credit: Akorda Turkish Presiden…
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Digital Government Should Not Leave People Behind
The Astana Times provides news and information from Kazakhstan and around the world. Editor’s note: The Astana Times continues a section featuring articles by our readers. As a platform that values diverse perspectives and meaningful conversations, we believe that this section provides space for readers to share their…
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How Career Priorities Reveal Gender Inequality in Kazakhstan’s Families
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – A woman receives a long-awaited promotion, but accepting it means moving to another city. Her husband has a career of his own. Whose job should take priority? Photo credit: istock Workplace inequality is often measured in hir…
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A photography exhibition by Paul Nadar has opened in Ashgabat - Turkmenportal.com
A photography exhibition by Paul Nadar has opened in Ashgabat Turkmenportal.com
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Coty pursues less air freight, more ocean and rail transport
The beauty giant has cut air cargo by 48% since 2019 as the company looks to trim emissions in its supply chain.
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Tokayev’s Ambitious Construction Push Draws Optimism, Questions Over Implementation
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — President Kassym-Jomart Tokayev’s announced plans for a sweeping infrastructure overhaul and long-term energy security have drawn reactions from Kazakh analysts, who see opportunities for economic growth alongside questions a…
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Trade, Connectivity and Diplomacy: What’s Next for Turkic Cooperation
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — As the Organization of Turkic States (OTS) prepares for its Oct. 30 summit in Ankara, experts say its expanding ambitions in trade, transport, energy and security present Kazakhstan with both opportunities and challenges, par…
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Vice President Erlan Karin: Strategic Decisions Will Shape Country’s Future
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s annual presidential address outlines strategic priorities that balance national interests with public well-being, Vice President Erlan Karin said, commenting on President Kassym-Jomart Tokayev’s address to the pe…
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WD-40 credits supply chain for $7M in cost savings
The company cut costs in FY2026 through several operational improvements, such as reducing inventory levels, President and CEO Steven Brass said.
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Kazakhstan Records Sharp Increase in Transit Freight as Volumes Reach 36.3 Million Tons
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Transit freight volumes through Kazakhstan increased 5.6-fold over the past decade, rising from 6.5 million tons in 2015 to 36.3 million tons in 2025, according to the Bureau of National Statistics. The growth underscores Kaz…
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Kazakhstan’s Islamic Banking Market Faces Test Beyond Rapid Growth
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Islamic banking in Kazakhstan has grown significantly over the past years but still accounts for a small share of the financial system. Its long-term value will depend on whether it attracts new investors and channels additio…