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Saudi Aramco Profit Beats Expectations as Oil Prices Soar

Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…

OilPrice.com Аналитика
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Kazakhstan, Azerbaijan discuss expansion of Middle Corridor

Kazakhstan’s Transport Minister Nurlan Sauranbayev, Azerbaijan’s Ambassador to Kazakhstan Alimirzamin Asgarov, and AZCON Holding representative Shahin Babayev have discussed prospects for bilateral cooperation at a meeting in Astana.

Azernews Средний коридор
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Azeri Light oil price falls 7.66% per barrel

The price of Azerbaijan's Azeri Light crude oil fell by $9.66, or 7.66%, to $116.50 per barrel on a CIF basis at Italy's Augusta port.

Azernews Торговля
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230-plus immigrants arrested in crackdown targeting unauthorized CDL holders

Federal and state law enforcement agencies arrested more than 230 undocumented immigrants, including more than 40 commercial driver’s license holders, during a 72-hour enforcement operation spanning 15 states. The operation, dubbed Operation Guardian , was conducted Oct. 26-28 by U.S. Immigration and Customs Enforceme…

FreightWaves Торговля
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Pamt Corp. reports Q3 net loss, books 109.1% truckload OR

Truckload carrier Pamt Corp. lost money again during the third quarter. Like other carriers , it pointed to elevated driver procurement costs and the spike in diesel fuel prices as the culprits. Pamt ( NASDAQ: PAMT ) reported a net loss of $8.1 million, or 38 cents per share, on Monday after the market closed. Earning…

FreightWaves Аналитика
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Central Asian Museum Experts Visit U.S. to Study Heritage Preservation

A group of museum workers and other cultural heritage specialists from Central Asia are currently in the United States to study preservation practices and exchange experiences with counterparts at the Getty Museum and other American institutions. Experts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbek…

Times of Central Asia Средний коридор
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Waiting on EPA ‘27 rule, Rush says it might not be soon

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts…

FreightWaves Порты и суда
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Kazakhstan’s Carbon Black: Finding Value in Mining By-Products

London-listed Ferro-Alloy Resources (FAR) is developing a large vanadium deposit in Kazakhstan, as The Times of Central Asia reported in July, and operates a smaller concentrate-processing plant that recovers vanadium, molybdenum and nickel from purchased concentrates. The project could supply growing markets for vana…

Times of Central Asia Средний коридор
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SONAR SCI: Custom Insights Now Includes Conversion Optimization: Shows Shippers Where to Switch Modes and What They Can Save

The newest module in Supply Chain Intelligence: Custom Insights uses a shipper’s own freight data to flag lanes that could move from truckload to intermodal, or between spot and contract, and estimates the savings lane by lane. SONAR has added mode conversion optimization to SCI: Custom Insights, part of its Supply Ch…

FreightWaves Железные дороги
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Sanctioned Iranian Tanker Slips Past U.S. Blockade, Delivers Cargo to China

A sanctioned Iranian tanker carrying about 500,000 barrels of liquefied petroleum gas slipped past the U.S. naval blockade and delivered its cargo to China, according to United Against Nuclear Iran (UANI), which says it filmed the ship at a Malaysian anchorage along the way. Tanker laden with Iranian LPG transiting th…

OilPrice.com Порты и суда
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Amazon, retailers paid more for freight in 3Q

Higher fuel and transportation expenses weighed on retailers’ supply chains during the third quarter, even as fulfillment improvements helped some companies contain costs. Early reports from Amazon, Tractor Supply and Carter’s point to an uneven environment heading into the holiday season, with shipping inflation alon…

FreightWaves Порты и суда
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Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight

#fwtv_LtCkVDuHfw .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_LtCkVDuHfw .fwtv-panel p{margin:0 0 12px}#fwtv_LtCkVDuHfw .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} ZET Scale, a shipper alliance, just placed the larg…

FreightWaves Средний коридор
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LTL vs. Truckload: Who emerged stronger from Q3 earnings reports?

#fwtv_2pLMzTsETo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_2pLMzTsETo .fwtv-panel p{margin:0 0 12px}#fwtv_2pLMzTsETo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves Finance Editor Todd Maiden breaks down…

FreightWaves Санкции и риски
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WARNING: Don’t Expect This Freight Cycle to End Soon

#fwtv_hkx7GLOu7gU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_hkx7GLOu7gU .fwtv-panel p{margin:0 0 12px}#fwtv_hkx7GLOu7gU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves expert breaks down 20 years of frei…

FreightWaves Железные дороги
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Parcel shipping demand to increase 4% during holidays, ShipMatrix says

Parcel carriers will deliver about 2.4 billion packages during the current peak shipping season, up 4% from the same period last year, despite high inflation, according to an estimate from ShipMatrix. The increase in parcel demand is aided by an extra shopping day this holiday season, said ShipMatrix, which helps ship…

FreightWaves Железные дороги
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Rare Iranian Strike On Vessel Hundreds Of Miles From Strait Of Hormuz

Sunday saw another vessel attacked in Persian Gulf regional waters. The UK Maritime Trade Operations agency (UKMTO) reported that a ship was struck by two projectiles some 83 miles east of Ras al-Khafji, which is the Saudi town on the Kuwaiti border in the northern Persian Gulf. Significantly and unusually, this parti…

OilPrice.com Порты и суда
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Grow Your Brokerage. Keep Profitability in Focus.

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage explores why margin discipline is becoming a competitive advantage, and five practical rules …

FreightWaves Санкции и риски
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October’s 55.5 manufacturing PMI beats expectations

U.S. manufacturing activity remained in growth mode for a 10th straight month in October, with most key demand indicators remaining positive. The Monday update supported mostly positive demand commentary provided by public less-than-truckload carriers last week. Manufacturing supply executives surveyed during the mont…

FreightWaves Железные дороги
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TrashLab raises $12M to automate waste haulers’ back offices

Nearly 80% of the waste haulers using TrashLab’s software now rely on its AI agent, Haul-E, to answer inbound calls and capture after-hours orders. On Thursday, TrashLab said it raised $12 million to build more agents like it. The money funds agents for dispatch, billing, and collections that would move more of a haul…

FreightWaves Железные дороги
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Mexico destroys 52 tons of avocados after pest discovery raises export concerns

Mexican avocado producers have destroyed up to 52 tons of fruit after authorities detected a destructive agricultural pest in shipments intended for international export to the U.S. and other destinations. The seed weevil pest raises concerns about potential disruptions to U.S.-Mexico avocado trade, which generates an…

FreightWaves Порты и суда
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Boeing secures lessor order for 767 passenger-to-freighter conversion

Boeing will convert a 767-300 passenger jet into a freighter for Icelease, which also took options for up to two more conversions, as the leasing company continues to grow its freighter portfolio, the companies announced on Monday. The first aircraft is scheduled to take its production slot in the first quarter of 202…

FreightWaves Железные дороги
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Strike at busiest US port just days away as talks continue

The Pacific Maritime Association and International Longshore and Warehouse Union Local 26 have signed a contract extension through 5 p.m. Pacific Time on Wednesday, Nov. 4, temporarily postponing a potential work stoppage at the ports of Los Angeles and Long Beach while negotiations continue. The two sides will contin…

FreightWaves Железные дороги
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Kazakhstan Detains Ten Over Alleged Plot to Change Constitutional Order

Kazakhstan’s security service has detained ten people in the western city of Atyrau over an alleged plan to change the constitutional order by force. Investigators also say the suspects operated three underground educational centers for children and teenagers. The National Security Committee (KNB) announced on Novembe…

Times of Central Asia Средний коридор
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Russia–Azerbaijan Military Cooperation Expands Amid Baku–Ankara Tensions

Russia and Azerbaijan have signed a program to build and modernize facilities for repairing armored vehicles used by the Azerbaijani military. The agreement was announced on November 1, two days after the Organization of Turkic States (OTS) summit in Ankara, which Azerbaijani President Ilham Aliyev did not attend amid…

Times of Central Asia Средний коридор
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Interview with Umud Shokri: Can Kazakhstan Reduce Its Dependence on Russian Oil Export Routes?

Kazakhstan sent more than four-fifths of its oil exports in 2025 through the Caspian Pipeline Consortium (CPC), which crosses Russia to the Black Sea. Repeated disruptions have exposed the risks of relying so heavily on a single route. While alternative shipments across the Caspian Sea are growing, volumes remain smal…

Times of Central Asia Средний коридор
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Uzbekistan’s Mirziyoyev Proposes 100 Joint Projects for Turkic States

Uzbekistan’s President Shavkat Mirziyoyev has proposed a program for 100 joint investment and industrial projects among members of the Organization of Turkic States (OTS). Speaking at the OTS summit in Ankara on October 30, Mirziyoyev said the “Turkic World – 100” program would support industrial cooperation and help …

Times of Central Asia Средний коридор
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Kazakhstan Tree Planting Drive Faces Wildfires and Low Survival Rates

In late October, as firefighters battled forest fires in three regions of Kazakhstan, authorities announced a 300 million tenge (approximately $660,000) project, funded by state-owned Samruk-Kazyna, to restore pine forests in the Semey Ormany nature reserve in the country’s east. The project involves planting three mi…

Times of Central Asia Порты и суда
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Central Asian Cinema Showcased at Asian Film Festival Barcelona

A young Kazakh couple who fake a terminal illness to raise money online are at the center of Sicko , one of several Central Asian films screened at this year’s Asian Film Festival Barcelona. The festival, which concluded on November 1, also featured the award-winning Kyrgyz drama Kurak and other productions from acros…

Times of Central Asia Средний коридор