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Qatari LNG tanker comes under attack in Persian Gulf
The Al Mayeda liquefied natural gas (LNG) tanker, owned by Qatar's Nakilat shipping company, came under attack in the Persian Gulf on the evening of October 30.
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Azerbaijani Embassy in Bulgaria hosts World Cities Day event
Azerbaijan's Embassy in Bulgaria has hosted a hybrid event titled "Discover the Cities of Azerbaijan, the Pearl of the Caucasus," marking World Cities Day, Urban October and Azerbaijan's designation of 2026 as the Year of Architecture and Urban Planning, the embassy told Report . The event brought together tour operat…
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Türkiye submits Black Sea grain shipping proposals to US
Türkiye has submitted proposals to the United States on ensuring the safety of grain shipments through the Black Sea, US Secretary of State Marco Rubio said, Report informs. Speaking at a press conference following a meeting of G20 foreign ministers in Atlanta, Rubio said Washington was reviewing the proposals. "We ar…
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Shipping Strikes In Hormuz Leave Both Sides With Economic Pain
By Gerry Doyle Oct 31, 2026 (Bloomberg) –As US President Donald Trump threatens renewed attacks against Iran, Tehran’s intermittent strikes on commercial vessels have left the two sides locked in a painful...
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Taiwan Says China Harassing Shipping With East Coast Patrol
TAIPEI, Nov 1 (Reuters) – China’s Coast Guard is harassing shipping with its latest patrol off Taiwan’s east coast and trying to exert a fictional jurisdiction, the Taiwanese Coast Guard said, adding it had sent its own ships to keep...
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Freight cycles are anything but regular
Chart of the Week: Cass Freight Shipments Index, Cass Truckload Linehaul Index – USA SONAR : CFIS.USA, CTLI.USA The domestic freight market has been on a long-running rollercoaster since the start of the century. The Cass Freight Shipments Index (CFIS) and the Cass Truckload Linehaul Index (CTLI) show how each cycle h…
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Russia Extends Ban On Most Diesel Exports Through January
By Bloomberg News Oct 31, 2026 (Bloomberg) –Russia’s government has extended a general ban on diesel exports by producers until the end of January while still allowing some volumes to flow...
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Farid Rasulov's Long Live, Caspian exhibition opens at Baku's OTAQ gallery
A solo exhibition by Azerbaijani artist Farid Rasulov, titled Long Live, Caspian! (Yaşa, Xəzər!), has opened at the OTAQ gallery in Baku's Icherisheher, exploring the ecological challenges facing the Caspian Sea through contemporary art.
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Iran’s IRGC Navy Says Four Tankers Catch Fire In Strait Of Hormuz
DUBAI, Oct 30 (Reuters) – Iran’s Revolutionary Guards Navy said on Friday that four oil tankers had caught fire and exploded in the Strait of Hormuz, while attempting to use what it described as unauthorised routes,...
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Azerbaijani judoka wins silver at Abu Dhabi Grand Slam
Azerbaijani judoka Ushangi Kokauri (over 100 kg) has won a silver medal at the Grand Slam tournament in Abu Dhabi, UAE. Accoeding to Report , he lost to Georgia's Irakli Demetrashvili in the final on the last day of the competition. Another Azerbaijani judoka, Dzhamal Gamzatkhanov, competing in the same weight categor…
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Startups act as engine of economic growth, transformation, Azerbaijani deputy minister says
Startups not only create innovations but also act as an engine of economic growth and transformation, Deputy Minister of Economy Azer Bayramov said at the event of the "Startup School 4: Five Continents – 500 Startups" innovation program, organized by the Enterprise Azerbaijan portal, Report informs. According to him,…
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Sustainable energy supply vital for startup ecosystem formation, official says
The formation of a startup ecosystem is impossible without a sustainable energy supply, Javid Abdullayev, Chairman of the State Agency for Renewable Energy Sources, said at Demo Day, the final event of the global innovation program "Startup School 4: Five Continents – 500 Startups," organized by the Enterprise Azerbai…
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Azerbaijan expanding use of AI for research, workforce development
Azerbaijan is consistently taking measures to expand the application of artificial intelligence to develop scientific research and strengthen the capacity of qualified personnel. Deputy Minister of Economy Azer Bayramov made the remark at Demo Day, the final event of the global innovation program "Startup School 4: Fi…
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Zelensky arrives in Istanbul for Erdogan talks
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
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Azerbaijan's startup ecosystem value nears $600M
The total value of Azerbaijan's startup ecosystem is approaching $600 million, Executive Director of the Center for Analysis of Economic Reforms and Communication Vusal Gasimli said at the final event of the "Startup School 4: Five Continents – 500 Startups" innovation program held by the Enterprise Azerbaijan portal,…
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Azerbaijan, Kazakhstan seek to expand cooperation in logistics and AI
Azerbaijan and Kazakhstan are exploring new opportunities to strengthen economic cooperation in logistics, information technology, advanced technologies and artificial intelligence.
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Egypt fears another escalation in war on Iran would be 'more destructive'
Egypt's Foreign Minister Badr Abdelatty has said he is "extremely worried" about the prospect of another escalation in the US-Israeli war on Iran, Report informs referring to Al Jazeera. Speaking at the IISS Manama Dialogue security summit in Bahrain, Abdelatty expressed fear that a new round of attacks would have…
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Azeri Light oil price exceeds $126
The price of Azerbaijan's Azeri Light crude oil on the global market increased by $3.88, or 3.17%, to $126.16 per barrel, a source in the oil market told Report . According to trading results, Brent crude oil futures for December stood at $118.76 per barrel. On an FOB basis at Türkiye's Ceyhan port, the price of a bar…
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Polish president talks on forceful takeover of Constitutional Tribunal in Warsaw
Polish President Karol Nawrocki has stated that a forceful takeover of the Constitutional Tribunal, one of the country's highest judicial bodies, took place in Warsaw last night, Report informs citing the Onet portal. "Last night, a breach of public order occurred in the Republic of Poland, along with the forceful tak…
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US may resume strikes on Iran on November 4
The United States may resume strikes on Iran the day after the midterm elections to Congress, the MS NOW television network noted, citing sources, Report informs. According to the sources, the US administration has informed several Persian Gulf countries that they should prepare for "a short, intense round of strikes …
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US begins evacuating diplomats from Saudi Arabia
The US State Department has begun withdrawing some of its diplomats and embassy staff members' family members from Saudi Arabia due to security threats. According to Report , the relevant information was published on the department's website. The department said that Yemen's Houthi movement, Ansar Allah, had been cond…
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US State Department approves sale of 500 Patriot missiles to Ukraine for $2.1B
The United States has approved the sale to Ukraine of 500 PAC-3 missiles for the Patriot air defence system, along with related equipment, for $2.1 billion. According to Report , the US State Department and the relevant government agency within the Pentagon responsible for foreign military sales under government-to-go…
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Strike Threat at Los Angeles, Long Beach Ports Delayed as Union and Employers Extend Talks
A potential strike threatening operations at some of the busiest container terminals in the United States has been pushed back after the Pacific Maritime Association (PMA) and the International Longshore...
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UAE says oil leak from Gem No. 2 tanker has been stopped
The oil leak from the Gem No. 2 tanker off the coast of the UAE has been stopped, with no new spills reported. Cleanup operations in the affected coastal areas are continuing, the UAE Ministry of Climate Change and Environment said in a statement. According to The Times of Israel, cited by Report , the ministry said t…
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Rail Rivalry: Schneider’s Bold Move to Norfolk Southern from CSX
#fwtv_Rj9isPUg2qg .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_Rj9isPUg2qg .fwtv-panel p{margin:0 0 12px}#fwtv_Rj9isPUg2qg .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Schneider is making a monumental shift in its in…
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Unexpected Boom: Trailer Leasing Demand Hits Record Highs
#fwtv_yRofIDbr2o .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_yRofIDbr2o .fwtv-panel p{margin:0 0 12px}#fwtv_yRofIDbr2o .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trailer market is experiencing an unexpected su…
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SAIA’s Record $982.5M Q3 Revenue | What’s Next?
#fwtv_nMjMlyeXCAo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_nMjMlyeXCAo .fwtv-panel p{margin:0 0 12px}#fwtv_nMjMlyeXCAo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} SAIA President & CEO Fritz Holgrefe breaks down …
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TFI chief Bedard rips into its US LTL operations, promises change
Alain Bedard, the CEO of TFI International, had been highly critical of his company’s U.S. LTL operations back in 2024, at one point referring to some of its practices as “stupid.” As recently as April, he was far more optimistic about the segment that was built largely through the TFI acquisition of UPS Freight in 20…
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Beverage Distribution: Why Your SKU Count is Crushing Productivity
#fwtv_O9lqJSgfc2Q .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_O9lqJSgfc2Q .fwtv-panel p{margin:0 0 12px}#fwtv_O9lqJSgfc2Q .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} SKU proliferation has made beverage distribution…
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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…