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Georgia Dream making move to ban main opposition parties
Critics say ruling party wants to “formalize one-party dictatorship.”
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Control centre communication in focus as Spain faces rail safety reckoning
SPAIN: A serious failure of communications is at the heart of early investigations into the fatal collision between two high speed trains at Urda near Toledo on October 28. Mike Bent analyses how the tragedy unfolded. The 07.53 Madrid Atocha to Sevilla RENFE Viajeros AVE service, operated by Siemens Mobility Velaro tr…
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Scan Global Logistics to acquire US forwarder OIA Global
Danish freight forwarder Scan Global Logistics (SGL) is set to undertake its largest takeover, agreeing to acquire its US counterpart, OIA Global, in a deal expected to propel SGL into the ranks of the world’s 20 largest freight forwarders. “The acquisition of OIA Global marks a significant milestone for Scan Global L…
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Tajikistan Business Inspections Suspended for SMEs Until 2029, but Tax Checks Continue
Government agencies in Tajikistan will remain barred from carrying out most inspections of small and medium-sized businesses until January 1, 2029. The checks are intended to ensure businesses comply with regulations, but entrepreneurs have long complained about repeated and arbitrary inspections, fines, and pressure …
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World Bank: Central Asia Private Sector Needs Room to Grow
Central Asia is attracting growing interest from international investors, but turning that attention into lasting economic growth will require giving the private sector more room to develop, a senior World Bank official has said. Najy Benhassine, the World Bank’s division director for Central Asia, said the region had…
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Small and Medium-Sized Businesses Generate 50.9% of Kyrgyzstan’s GDP in 2025
Small and medium-sized businesses accounted for 50.9% of Kyrgyzstan’s gross domestic product (GDP) in 2025, according to preliminary figures from the National Statistical Committee of the Kyrgyz Republic. The figures appear in its report, Small and Medium Entrepreneurship in the Kyrgyz Republic, 2021–2025 , published …
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Analysis: CH Robinson spoils the bull party – tests remain
CH Robinson grew trucking volume, profit per load and its divisions’ operating margins again, yet its shares fell 11% to a 52-week low as investors weighed a small trucking miss, a jump in claims costs, a 2027 insurance renewal still under negotiation and – most notably – a $5.8bn bet on RXO. Forwarding, once seen by …
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Jade Pacific Line the latest ‘new kid’ on the Asian short-haul block
Intra-Asia and Middle East short-haul trades are seen to be the most sought-after launch pad or entry point for aspiring container shipping entrepreneurs, as the industry becomes more competitive and challenging in an environment of ever-growing trade volatility. The ‘newest kid on the block’ is Jade Pacific Line (JPL…
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School Bullying in Kazakhstan: Prosecutors Propose New Deputies to Protect Students from Violence
In schools across Kazakhstan’s Zhambyl region, children told visiting inspectors about beatings, extortion, and threats. Some described incidents involving brass knuckles and stun guns. But reports from those same schools recorded no bullying. The scale of the problem was exposed in October 2025, when Kazakhstan’s com…
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Boluda to acquire Samskip: ‘a combination to lead European shortsea shipping’
Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West Africa. Subject to regulatory approval, the deal is expected to complete on New Year’s Day, with the co…
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The cold chain just got weaponised – logistics is exposed
A recent cyberattack on French supermarket refrigeration showed how remote controls can cause physical losses. The warning extends to cold stores, pharmaceutical warehouses and connected reefer fleets. At four in the morning, a delivery driver at an Intermarché in Gradignan, south-west France, found the cold room floo…
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Vessel operators need to prepare for compliance as UK ETS looms
Shipping operators face a new compliance burden under the UK Emissions Trading Scheme (UK ETS) – a £100 ($133) penalty for every missing allowance, adding financial pressure to a regime that will bring offshore vessels into scope from January. The requirements were outlined in a webinar hosted by Normec, which detaile…
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Air cargo growth masks freighter squeeze as fuel price outpaces yields
Rising airfreight yields have failed to keep pace with soaring fuel prices, squeezing freighter economics despite a sustained period of strong demand growth, according to Rotate. Speaking at TIACA’s Air Cargo Forum in Miami this week, CEO Ryan Keyrouse warned that the strength of the global market concealed sharp diff…
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OTS Summit in Ankara: Turkey Looks to Strengthen Its Position as Central Asia Competes for Transit Routes
Kazakh President Kassym-Jomart Tokayev arrived in Ankara on October 28, the day he delivered his annual State of the Nation Address , in which he announced plans to expand transport routes between China and Europe. On October 30, he will attend the 13th summit of the Organization of Turkic States (OTS). Turkey is prep…
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Four pallets, 500 sneakers, DSV the forwarder – here’s what happened
Last month, I sent an email to a selected bunch of investors and analysts. I had a question or two, for background only – in case they could share insight. Based on the feedback I got, I said, it doesn’t look like DSV has figured out its AI roadmap yet; they may even keep CargoWise in parts of their operations for lon…
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Turkey to renovate and electrify Middle Corridor main line
TURKEY: Infrastructure investment agency AYGM has called tenders for the modernisation, resignalling and electrification of the 825 km double-track main line between Divriği and the border with Georgia. This constitutes the eastern half of Turkey’s section of the Middle Corridor. Work on upgrading and electrifying the…
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As previously rumoured: Scan Global acquires OIA Global, its ‘largest-ever investment’
Out on DeskOne y’day well ahead of the announcement: (Here under ‘Market’, M&A) “M&A RUMOURS build around Portland-based OIA Global, which sources say ‘has been on the market for a while’ – it’s unknown yet whether a sale of that business has been agreed. This comes as Denmark’s Scan Global is expected to disclose the…
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Boluda acquires Samskip
PRESS RELEASE BOLUDA SHIPPING SIGNS AGREEMENT TO ACQUIRE SAMSKIP AND JOINTLY BUILD EUROPE’S LEADING SHORT-SEA NETWORK 28 October 2026 Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most comprehensive short-sea shippi…
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How accurate load measurement prevents tarp, strap, and permit errors
There is a moment every flatbed driver knows well. You are standing in the yard, coffee in hand, looking at a load that needs to move by morning. All the necessary American truck parts are packed: the tarp is folded on the catwalk, and the straps are coiled and ready. Everything looks fine. Then you realize you never …
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Damodaran: The Prospectus Arrives: My (but not the) Anthropic IPO Valuation!
Prof. Aswath Damodaran writes: I am a dabbler, by nature, moving on from topic to topic, but this year, I have spent more time than usual on AI, but that is because it seems to be part of almost every business or economy related story. I tried to value SpaceX ahead of and after the filing of the prospectus for its ini…
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In Ashgabat, Caspian States Discuss Cooperation on Marine Research
Turkmenistan hosted a meeting of the Caspian Sea littoral states to discuss cooperation on marine scientific research, part of a wider effort by the Central Asian country to promote regional collaboration over the fragile, strategic body of water. Turkmenistan’s Ministry of Foreign Affairs said delegates discussed a d…
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Under-pressure UK transport and logistics firms “dodge Budget bullet”
UK logistics groups welcomed the decision in today’s new budget to maintain a 5p-per-litre fuel duty cut and avoid planned increases, and ensuring warehouse rates do not rise, but there have also been warnings that businesses continue to face significant cost pressures. In his first budget as chancellor – and first fo…
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CRRC to supply inter-city trains to Azerbaijan’s ADY
AZERBAIJAN: National railway ADY has signed a contract for China’s CRRC Zhuzhou Locomotive to supply four electric inter-city trainsets to support its efforts to modernise the fleet and expand rail connections across the country. The agreement was signed on October 27 by ADY Chairman Rovshan Rustamov and Wang Qiaolin,…
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The Middle East’s New Rivalry Runs Through Central Asia
Eighty years after Winston Churchill described an Iron Curtain dividing Europe from Stettin to Trieste, another geopolitical rivalry is emerging across the Middle East, with the swing states of Central Asia and the South Caucasus poised to play a pivotal role. From Gwadar to the Golden Horn, the new Mecca Pact brings …
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Express faces growing divide between volume growth and profitable growth
The global express and parcels market grew 5.8% in 2025, to €577.3bn ($642.6bn), but mounting pricing pressure, shifting trade flows and intensifying competition are creating a growing challenge for carriers seeking to turn higher volumes into profits. The recent Global Express & Parcels 2026 report by Transport Intel…
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Container newbuilding fleet closing in on 16m teu by year-end
After recently passing 15m teu, the global orderbook for containership newbuildings could near 16m teu by the end of the year, according to new analysis from Alphaliner. “Before the end of the year, another 40 or so ‘megamax’ newbuilding contracts from Maersk, Yang Ming [both expected soon], CMA CGM, and MSC [both bel…
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Early lunar new year means shippers need to plan ahead, says Seko
Seko logistics is urging shippers sourcing from China to bring forward purchase orders and confirm ocean bookings at least four weeks ahead of shipment, as an earlier lunar new year in 2027 threatens to compress the window for moving cargo before factory closures. Falling 11 days earlier than in 2026, next year’s holi…
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Tokayev Unveils $14 Billion Construction Plan in Kazakhstan State of the Nation Address
Kazakhstan plans to spend 6.5 trillion tenge (about $14.3 billion) from its National Fund on infrastructure projects by 2029 and eliminate its electricity shortage in the same period, President Kassym-Jomart Tokayev announced in his annual State of the Nation Address on October 28. The president also outlined plans to…
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Iran Says Samarkand Heritage Posts Targeted U.S.
Iran has said that posts by its embassies about Samarkand’s Persian heritage were directed at the United States. The explanation followed a diplomatic protest from Uzbekistan, which demanded the removal of posts describing the city’s architecture as part of Persian civilization. Esmaeil Baghaei, spokesperson for Iran’…
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Analysis: UPS – the cash line matters just as much as the earnings beat
With its planned cut in Amazon volume finished, UPS is growing the volume it wants, lifting revenue per parcel faster than cost and raising its outlook for the second quarter running, and the shares rose almost 6%. Forecasts for 2026 are converging on guidance, but the sell-side analysts are split sharply on 2027, ove…