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STB turns UP-NS merger fight into inquiry over shipper intimidation
Union Pacific must disclose Jim Vena’s conference video and produce records about possible retaliation. The railroad denies making threats, and regulators have yet to decide whether anyone was intimidated – or whether the merger review should continue. For a regulator assessing the largest proposed US railroad combina…
PortXchange Enhances EmissionInsider to Transform Port Emissions Management
PortXchange expands EmissionInsider with new multimodal monitoring, emissions forecasting, and scenario modeling features to help ports make better operational and investment decisions. Ports have spent years improving how they calculate and report emissions. However, knowing how much a port emitted last year does lit…
ONE Ends Slot Charter with Maersk on Qilin Service; AUX Brand Exits China-Australia Route
Ocean Network Express has ceased its slot charter arrangement on Maersk's Qilin service, according to a report by Container News citing DynaLiners. As relayed by Wedoany, ONE joined the China-Australia trade lane in July of this year on a slot charter basis, remaining on the service for approximately four months befor…
Asia-Europe and Trans-Pacific Shipping Rates: Current Trends and Challenges
November 1 marked a significant date for synchronized rate increases across Asia-Europe and trans-Pacific trades, but results fell short of expectations. Rates on the Europe trade barely moved, while trans-Pacific softening began earlier, highlighting varying conditions across trade lanes. The gap between announced an…
Major Shipping Alliances Reestablish Suez Canal Operations Amid Recovery
The reopening of the Red Sea has reached a critical milestone, with all four major shipping alliances - Gemini, Ocean Alliance, Premier Alliance, and MSC - resuming operations via the Suez Canal. Premier Alliance, previously cautious, has now confirmed its return with vessel-specific schedules, completing the transiti…
Maersk Resumes ME1 Service via Suez Canal, Enhancing Red Sea Connectivity
On 2 November, Maersk announced that it and Hapag-Lloyd had implemented a structural adjustment to the ME1 service under the Gemini Cooperation network, redirecting the route from the Cape of Good Hope back through the Suez Canal. The ME1 service connects India and Europe, and following the adjustment, its port rotati…
Maersk Implements Temporary Booking Restrictions at Key Middle East Ports
Maersk has announced temporary adjustments to booking acceptance and cargo routing at selected Middle East ports, citing sustained disruption in the vicinity of the Strait of Hormuz compounded by regional port congestion. The affected locations include Khor Fakkan and Fujairah on the UAE's east coast, as well as certa…
Japan Implements Anti-Dumping Duties on Chinese and Taiwanese Steel Products
Japan has officially announced anti-dumping duties on nickel-based stainless steel cold-rolled strip and plate from mainland China and the Taiwan region. Effective October 31, 2026, these duties range from 27.7% to 42.1% for Chinese products and 3.6% to 20.1% for Taiwanese products. This decision follows Japan's multi…
CMA CGM Implements $35 per TEU War Risk Surcharge for Black Sea Shipments
CMA CGM will apply a $35 per TEU (twenty-foot equivalent unit) war risk surcharge to container shipments to and from Black Sea countries starting November 9, 2026. The surcharge covers all cargo categories. The company attributes the decision to deteriorating security conditions in the region and the rising cost of ma…
Port Houston Initiates Independent Study for Houston Ship Channel Deepening
Port Houston will conduct its own study of portions of a potential Project 12 to deepen the Houston Ship Channel. The port is also continuing to assess a container terminal expansion north of Barbours Cut as it plans for container capacity needs over the next decade. The move adds a port-led track to channel planning …
Nasdaq plunges into correction territory
CNBC reports: The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors accelerated their move away from technology stocks in the wake of the U.S. midterm elections. The tech-heavy Nasdaq declined 3.9% and dipped into correction territory, trading more than 10% below a…
Detention fees have a simple problem: a bigger bill cannot move a box that cannot move
The US Federal Maritime Commission wants research into when charges above compensatory cost actually speed cargo movement. For shippers, the critical distinction is between a delay they can prevent and one they cannot. A container is ready to leave a terminal, the trucker has an appointment, and the importer chooses t…
UZMAR Shipyard Celebrates Keel-Laying of Four Advanced Tugs for ExxonMobil
KOCAELİ: UZMAR Shipyard held the keel-laying ceremony for four RAmpage 6000DE diesel-electric powered offshore terminal support tugboats. The tugboats are being constructed for SMIT Lamnalco and will operate in ExxonMobil's offshore terminal operations in Guyana. "The tugboats under construction were inspected on-site…
Kazakhstan, Jordan Focus on Security, Trade and Regional Stability
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan and Jordan discussed regional and global security challenges, as well as ways to expand bilateral cooperation during talks between President Kassym-Jomart Tokayev and King Abdullah II Bin Al Hussein in Astana on No…
Port of Long Beach set to handle record 10m teu this year
The Californian port of Long Beach is predicted to handle more than 10m teu this year, for the first time. “It’s been a peak year,” Port of Long Beach CEO Noel Hacegaba told The Loadstar on the sidelines of the World Ports Conference in London this week. “This could well be the first 10m teu year for us.” His comments…
US importers should reconsider farming out customs paperwork, warns CargoTrans
US importers using ‘delivered duty-paid’ (DDP) shipping arrangements face increasing compliance and financial risks, as Customs and Border Protection (CBP) intensifies its scrutiny of foreign importers of record, according to CargoTrans. Nunzio De Filippis, co-CEO, and Rennie Alston, director of trade compliance, warn…
Narxoz Conference Explores Central Asia’s Path to Stronger Regional Cooperation
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Central Asia’s role in shaping global governance, strengthening regional cooperation and advancing sustainable development was the focus of an international conference hosted by Narxoz University on Nov. 4 in Almaty, the univ…
Mærsk prints billions, but doesn’t build confidence
It was a strong quarter for all three units. (Stock market reaction: -11.6% in early trade.) So opened the Q3 26 call with analysts by AP Møller-Mærsk (APMM) CEO Vincent Clerc, whose prepared remarks went on, and on, and on, and on for well over 10 minutes. That did feel like a good hour of my life wasted again and th…
Ocean the star as Maersk reports Q3 bump in revenue, but drop in volume
Maersk experienced a 27% year-on-year bump in its third-quarter revenues, hitting $18.1bn, buoyed by a sharp rise in container freight rates that more than offset a slight dip in volumes, prompting it to join ONE in revising its full-year outlook. While the Danish shipping and logistics group said revenue growth had b…
‘Reminds me of Covid’: AI equipment chokes Taiwan’s air cargo gateway
Uncollected imports are clogging cargo warehouses at Taiwan Taoyuan Airport, tying up dollies and slowing aircraft unloading as equipment arrives to support the island’s AI and semiconductor industries, according to local forwarders. Seko Logistics has reported handling pressure affecting China Airlines, EVA Air, and …
DHL’s growth broadening beyond Express – Global Forwarding sparkles
With the headline numbers pre-released three weeks ago, the full third-quarter report matters most for where DHL’s growth is coming from. Express still earns about 60% of group profit, but forwarding is winning air freight faster than its main rivals in a tight market, and Supply Chain’s new contracts are up 42% this …
GXO Logistics – it’s all about margins, stupid!
Three months after a beat-and-hold quarter tested the market’s patience, GXO delivered what it called its fastest organic growth in more than three years, largely finished integrating Wincanton and stepped up buybacks. Premium y’day wondered ahead of trade: ‘Where is the joy?’ – well, the shares rose 9.5% on the day o…
Continued congestion at ports puts pressure on intra-Asia box rates
Congestion at several ports continues to put upward pressure on intra-Asia container freight rates, despite improving conditions at major Chinese gateways and key transhipment hubs. The result is the Drewry Intra-Asia Container Index (IACI) is up by $46, to $1,504 per 40ft. Spot rates from Greater China to North-east,…
KLM reshapes cargo handling as AI demand fuels growth
KLM plans to consolidate cargo handling at Schiphol to accommodate additional freight without hiring more staff, as AI supply chains and disruption to ocean shipping strengthen parent Air France-KLM’s cargo business. The changes form part of a wider restructuring, announced today, aimed at improving KLM’s finances and…
Kazakh Prosecutor General Keeps Mangystau Military Investigation Under Oversight
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – More than 300 people have been questioned and over 30 forensic examinations and expert studies have been conducted as part of an investigation into the deaths of servicemen during a military exercise in the Mangystau Region, …
Kazakhstan Advances in Global Digital Rankings as AI Infrastructure Expands
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has improved its standing in several international digital development rankings, with progress in artificial intelligence readiness and e-government services highlighting the country’s growing role in the global te…
IFC Invests $ 33 Million to Modernize Agricultural Services in Central Asia
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Eurasia Group has secured $33 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group, to expand agricultural machinery distribution, maintenance and farmer training networks in…
EU Court Overturns Total Removal of Russian Maritime Register's Status
The General Court of the European Union annulled the complete removal of the recognition status of the Russian Maritime Register of Shipping (RMRS) in Europe, deeming it disproportionate. However, financial sanctions against the Russian entity and the ban on the entry of the ships it certifies into EU ports will remai…