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EU Survey Reveals Massive Support for Renewable Energy Transition
A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…
UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline
The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and reroute energy flows around Hormuz, reducing exposure to Iranian disr…
U.S. Midterms Hand Democrats a Central Asia Agenda They Helped Build
Democrats have won control of Congress in the November 3 midterms, ending President Donald Trump’s Republican majority. But they inherit a Central Asia agenda their party helped build, backed by substantial orders for American manufacturers. Uzbekistan Airways’ new Boeing deliveries are due to begin in 2031 , while Ka…
Opinion: What is on the agenda for Central Asia at COP31?
The 2026 United Nations Climate Change Conference , better known as COP31, is taking place in Antalya, Türkiye, from November 9 to 20. Delegations from almost 200 countries will participate in the event, including all the Central Asian republics, but Uzbekistan and Kazakhstan will play an outsize role in coordinating …
Lufthansa Cargo rides airfreight pricing power to stronger yields
Lufthansa Cargo increased its base yields by 14% year on year in the third quarter, with strong demand and constrained capacity supporting pricing power, even as Middle Eastern airlines restored services. Overall yields rose 22%, as the carrier also successfully passed-on higher fuel costs. Adjusted EBIT more than tri…
ONE profits soar, thanks to surging rates and volumes
Ocean Network Express (ONE) has doubled its full-year profit forecasts to $2bn, after more than quadrupling its net profit for the three months to September, amid a surge in rates and volumes. Over the second quarter, July-October for the Singapore-based carrier, net profit hit $1.3bn, compared with just $285m, a year…
Child Labor in Kyrgyzstan: Poverty and Gaps in Enforcement
Dozens of children have been found working at markets in the southern Kyrgyz city of Manas, formerly Jalal-Abad. Police officers and social workers spoke to the children’s parents and guardians and issued warnings, Turmush reported on November 2. Nationwide, 19.6% of children aged 5–17 were involved in child labor in …
Wave of feeder newbuilds could bring a chill to charter rates in 2027
Feeder containership charter rates could face downward pressure in 2027 as a wave of newbuild deliveries adds capacity to a market that has enjoyed strong earnings in 2026. Ship brokerage Intermodal research analyst Vasilis Fousekis noted that the time-charter rate for a 1,700 teu geared feeder had climbed to about $3…
Kazakhstan Uranium Reserve Planned by End of 2027
Kazakhstan, the world’s largest uranium producer, plans to create a state strategic uranium reserve by the end of 2027 to secure fuel supplies for its future nuclear power plants. Deputy Prime Minister and National Economy Minister Serik Zhumangarin announced the deadline at a government meeting on November 3. The cou…
Transpacific the most profitable container trade by far, says Alphaliner
Carriers are earning up to $1.30 per nautical mile on spot shipments from China to the US west coast, making the transpacific by far the most lucrative major container trade. Alphaliner’s latest analysis of spot freight revenue per nautical mile highlights the growing gap between the transpacific and other major trade…
Kazakhstan Seeks to Reduce Dependence on Imported Medicines with New Pharmaceutical Plants
Kazakhstan plans to begin producing almost 500 types of medicine domestically by 2034 under eight investment projects worth approximately $862 million, the Health Ministry said on November 3. The projects are expected to create more than 1,200 jobs and reduce the country’s dependence on imported medicines. Production …
Uzbekistan Inflation: Consumers’ Estimates Exceed Official Rate
People in Uzbekistan believe prices have risen considerably faster than official inflation figures show, according to a survey by the Central Bank of the Republic of Uzbekistan. Respondents estimated annual price increases at 9.2% in September, compared with the official inflation rate of 6.4%. The survey covered 2,72…
China–Central Asia Flights Expand as Aviation Booms
Passenger and cargo links between Central Asia and China are expanding, with 117 scheduled weekly flights now connecting Kazakhstan and China, up 52% from a year earlier. Aviation officials from China and the five Central Asian countries are meeting in Tashkent on November 3–5 to discuss opening the market further. Tr…
Air cargo cashes in on AI boom – but who has the edge?
There is no shortage of companies enjoying the AI boom – from airports to airlines and forwarders, the latest airfreight trend is filling both aircraft and coffers – but companies are now trying to find a way to prove their competitive edge in the market, whether by handling, network, or capacity. Expeditors yesterday…
Schneider picks Norfolk over CSX, you say?
The carrier is changing its primary eastern railroad after 18 years. It could reshape competition for domestic containers – but the volume CSX will lose remains undisclosed, and the UP–NS merger is still only a proposal. The biggest question in Schneider National’s new rail deal is also the one nobody has answered: ho…
Kazakhstan’s Youth Soccer Players Hospitalized After Suspected Food Poisoning in Tashkent
Six children and two adults in a youth soccer delegation from Kazakhstan remained hospitalized in Tashkent on November 4 after a suspected food poisoning outbreak during an international tournament. Kazakhstan’s embassy in Uzbekistan said they were in stable condition and that 10 other patients had been discharged . T…
Infrastructure can’t cope with pace of pan-American air trade growth
Airport cargo infrastructure, as well as established ways of handling logistics, are being challenged by growing traffic. Airfreight capacity between Latin America and Canada is on the rise, courtesy of Air Canada (AC). Last month, the airline resumed service to Santiago and Lima, serving the Chilean capital with four…
Kazakhstan Oil Exports: Talks With Azerbaijan on Higher BTC Shipments
Kazakhstan and Azerbaijan are discussing ways to increase shipments of Kazakh oil across the Caspian Sea and through the Baku–Tbilisi–Ceyhan (BTC) pipeline. In the first nine months of 2026, shipments from Aktau through the pipeline rose 24% year on year to 1.16 million metric tons. At a meeting in Baku on November 3,…
Iran Says Four Oil Tankers Destroyed by Mines Near Strait of Hormuz
Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Wednesday, as attacks on vessels in the region intensify while crude oil flows have dipped from recent highs. The f…
Lady Luck and the lifer: Dan Wall’s Expeditors is on a tear
Stock value at record $206.23 intraday post-interims. Quarterly revenue up 42%, operating profit up 55%. A freight market delivering disruption, scarcity, and an AI infrastructure boom. Expeditors’ new chief executive has produced extraordinary results – however, the real test may be what happens when the market stops…
Asian Cup Postponement Delays Central Asian Football Hopes
Tajikistan’s football team planned to be “fully prepared” for the Asian Cup finals in Saudi Arabia in early 2027, coach Igor Angelovski of North Macedonia said months ago. But the Tajik footballers and the rest of the competition will have to wait. On Tuesday, the Asian Football Confederation (AFC) said the region’s t…
Developer of Kazakhstan Tungsten Projects Drops Merger and Plans U.S. Listing
Cove Kaz, the U.S. company developing two major tungsten deposits in Kazakhstan, has dropped its planned merger with Skyline Builders. It now plans to list its shares directly on a U.S. stock exchange in the first half of 2027. The change comes alongside a $32 million investment commitment intended to fund work on the…
Dubai Benchmark Slips Into Contango for the First Time Since July
The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…
Food Spending in Kazakhstan Tops Half of Consumer Budgets
Kazakhstan, Central Asia’s largest economy, ranks among the ten countries with the highest shares of consumer spending devoted to food in an international comparison. National figures show that food purchases continue to consume more than half of household consumer budgets despite rising cash incomes. According to int…
Kazakhstan Signs Alatau City Agreements With $1.3 Billion Investment Potential
Kazakhstan has signed nine agreements with international partners in London to support the development of Alatau City in Almaty Region. The government estimates their combined investment potential at $1.3 billion. The agreements cover infrastructure construction and the development of education and healthcare. The agr…
Upswing in domestic demand gives railfreight operators a revenue boost
Union Pacific led the way on the North American containerised rail freight front over the three months to October, amid all the noise surrounding its pending acquisition of Norfolk Southern – but it was not alone in enjoying a bountiful summer. In general, North American intermodal operators benefited from an upswing …
Vote opens on controversial Port of LA workforce disclosure rules
Californians head for the polls today to decide on Charter Amendment PRT – a package of changes affecting Los Angeles’s airports, harbour, and Department of Water and Power, including new workforce disclosure requirements for leases at the port. The measure would require applicants for certain new Harbor Department le…