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Uzbekistan, 11 countries eye 2027 rail freight tariffs at Tariff Conference

Uzbekistan’s regional loan portfolio reaches $30.17B, accounting for 54.9%

Suezmax Tanker sales surge 35% amid high VLCC demand

A strong VLCC market this year is boosting Suezmax Tanker demand. Suezmax sales activity has picked up considerably in recent months, with sales so far this year up 35%, reaching 124 sales compared to 92 sales over the same period last year. Buyers have continued to transact even as values have climbed, pointing to st…

CNBC: Stock market rocked as investors dump tech shares

CNBC reports: The Nasdaq Composite tumbled on Friday, while the Dow Jones Industrial Average outperformed as traders moved out of key stocks related to artificial intelligence and into more defensive areas of the market. The tech-heavy Nasdaq lost 2.86% and closed at 25,437.00, posting its worst single-day performance…

Kazakhstan Reports Growth in Rail Freight With Turkic States

Rail freight transportation between Kazakhstan and member states of the Organization of Turkic States (OTS) has increased by 10%, approaching 40 million tons, Kazakh President Kassym-Jomart Tokayev said.

Oil Poised for Fourth Monthly Gain Amid Hormuz Supply Risks

Oil prices rose on Friday, putting them on track for a fourth consecutive monthly gain as traders anticipated a possible escalation in the US-Iran conflict following the US midterm elections. An attack on a tanker in the Strait of Hormuz has further underscored the risks to global supplies posed by the war.

Georgian Dream making move to ban main opposition parties

Critics say ruling party wants to “formalize one-party dictatorship.”

Azerbaijan and Turkey: Feud deepens over differences on Israel

Aliyev shows up Erdogan by skipping Turkic summit.

Newbuildings head for Asia-Latin America trades as volumes boom

Deliveries in the past week have been primarily deployed to services between the Far East and Latin America, highlighting growing volumes on these trades. Alphaliner noted that Imabari Shipbuilding completed the 13,932 teu ONE Symphony that will be deployed on ONE’s Asia-WCSA AX3 service the pan-Japanese carrier runs …

EXCLUSIVE: CargoWise customs message delays leave forwarders waiting for clearance

CargoWise users handling British and Japanese customs declarations suffered messaging delays on Wednesday, while the backlog had been fully cleared the following morning. Customer notifications seen by The Loadstar show WiseTech acknowledged an issue affecting message responses at 10.37am on 28 October. At 11.24, it c…

Full planes and fond farewells: air cargo does Miami

The weather was dreadful, the blueberries were under suspicion, and there were people dressed as rats outside the convention centre. Inside, however, air cargo was in a remarkably good mood. At TIACA’s Air Cargo Forum in Miami this week, the airlines had turned up in force, people wanted to do business, and anyone wit…

A platform to challenge ‘death by a thousand [D&D] invoices’

Congestion today could mean a fresh wave of disputed detention and demurrage (D&D) charges tomorrow, according to Sara Dandan, founder of FourOneOne. She told The Loadstar disruption at ports, including growing backlogs of containers at Los Angeles and Long Beach, was likely to translate into extra invoices in the com…

Carriers’ November rate hikes ‘doomed’ say analysts, as demand goes flat

Container spot freight rates on the transpacific eastbound trade, as recorded by Drewry, saw its steepest one-week fall since June 2025 after this year’s protracted peak season came to an end. Drewry’s World Container Index (WCI) saw the spot rate on its Shanghai-Los Angeles decline 6% week on week, to end at $7,514 p…

‘Supply chain transformation’: Walmart and tech leader Symbotic disclose multi-billion agreement

PRESS RELEASE Walmart and Symbotic Expand Commercial Agreement to Support Supply Chain Transformation Building on more than a decade of collaboration, the companies will expand Symbotic automation across 25 U.S. regional distribution centers, while supporting opportunities across Walmart’s global supply chain WILMINGT…

LA/LB port complex braces for potential strike as labour contract expires

The US ports of Los Angeles and Long Beach face potential disruption from Sunday, as around 250 security workers, represented by the International Longshore and Warehouse Union (ILWU) Local 26, prepare for strike action amid the ongoing labour dispute. The latest labour contract extension will expire at 5pm Pacific Ti…

XPO beats FedEx Freight & Old Dominion on volume growth – yet the bulls want more

Third-quarter update: XPO grew shipments almost 6% while Old Dominion and FedEx Freight shipped less, and its margins held up far better than the season usually allows, but its headline price growth slowed to 3.6%. Management puts that down to heavier, shorter-haul freight spilling over from a squeezed truckload marke…

250 watchmen, one picket line and half of America’s busiest port complex

A threatened Sunday walkout at Los Angeles and Long Beach may be delayed until Wednesday. The real danger is the reach of a small union local, with 35,688 containers already waiting for rail service. It takes a special kind of labor dispute to put half a port complex at risk with a workforce smaller than the guest lis…

Azerbaijan, Georgia Sign New Agreements to Boost Trade and Border Cooperation

Azerbaijan and Georgia have signed a series of bilateral agreements to strengthen economic cooperation, streamline customs procedures and improve coordination in agriculture and food safety.

Kazakhstan plans to commission Bakhty-Ayagoz railway line in 2027

European Parliament delegation visits Kazakhstan's Kuryk port

From Baku’s Old City to Mud Volcanoes: Discover Azerbaijan’s Hidden Wonders

Azerbaijan offers a striking blend of ancient history, modern architecture and extraordinary natural landscapes. Its capital, Baku, sits on the shores of the Caspian Sea, where historic streets and centuries-old landmarks stand alongside cutting-edge architecture.

EBRD interested in sustainable transport linked to Middle Corridor - Tea Melikadze (Interview)

AI in logistics: where it’s real and where it’s noise

The most common misconception about AI in logistics is that it’s a magic button. If it were, the average operator’s day would look very different two years into the AI wave. But it doesn’t, and the portal-hopping, the chasing, the manual reconciling are mostly still there. That gap, between the noise about AI and the …

Dry Bulk Shipping: Escalating attacks on ships heighten uncertainty

“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port infrastructure in the Black Sea have added another layer of risk,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. T…

Russia Turns to Arctic Route to Export Grain Amid Black Sea Disruptions

Russia, the world’s largest wheat exporter, has turned to an Arctic shipping route used during World War II to export grain for the first time, as the conflict in Ukraine disrupts Black Sea trade.

Georgia Dream making move to ban main opposition parties

Critics say ruling party wants to “formalize one-party dictatorship.”

Uzbekistan, Huawei discuss railway digitalization, traffic management

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…

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 …

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…