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Tokayev signs law on opening customs service offices of Kazakhstan and Uzbekistan

Turkey plans railway along its eastern Black Sea coast

TURKEY: The Ministry of Transport & Infrastructure has taken the first step towards development of a 500 km main line railway along the east of the country’s Black Sea coast between Samsun and the border with Georgia. The proposed route would run via the port cities of Ordu, Giresun, Trabzon and Rize before heading in…

Kyrgyzstan secures up to $50 million from World Bank for clean energy transition

Propspeed Joins RightShip’s Zero Harm Innovation Partners Program to Support More Efficient and Sustainable Vessel Operations

Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...

Coast Guard Looks to Commercial Icebreakers to Keep Northeast Ports Open This Winter

The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...

Vance Blames His Own Administration’s Iran War for Republican Defeat

Vice President JD Vance on Wednesday blamed Republicans’ midterm election losses on the Trump administration’s eight-month war with Iran, which has driven up global energy prices and left commercial shipping...

KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn

USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …

Hospital train proposed for military evacuations and civilian disaster response

GERMANY: Siemens Mobility and Lufthansa Technik Defense have agreed to develop jointly a train for cross-border military medical evacuations and civilian disaster response. Ahead of the Berlin Security Conference on November 3-4 the companies signed a memorandum of understanding to combine their decades of experience …

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…

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…

India Sees Some Trade Relief, New Risks After Democrat Sweep

Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer of uncertainty in an already fragile relationship.

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…

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 and Uzbekistan launch new railway line, first coal train dispatched in October

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…

ÖBB holding to take control of passenger and freight arms in major restructuring

AUSTRIA: The coalition government has agreed the biggest restructuring of the state-owned ÖBB group in more than two decades, which is expected to cut costs by around €80m a year. The governing coalition of the conservative ÖVP, the social democratic SPÖ and the liberal NEOS agreed a plan to restructure the ÖBB group …

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…

ERA Executive Director to speak at inaugural Railway Gazette Summit

EUROPE: As the European rail landscape undergoes a period of profound transformation, the 2026 Railway Gazette Summit will be debating opportunities for building a resilient, competitive and sustainable railway sector. A detailed programme can be found here . Hosted by Railway Gazette International Executive Editor Ni…

Urban rail industry news round-up

This week’s round-up of news from the global urban rail transport sector, from Railway Gazette International . On October 29 Wuhan opened two more sections of its metro network. The second phase of Line 12 between Gangduhuayuan and Moshuihu Park via the north and west of the city joins the two ends of Phase 1 opened o…

U.S. Coast Guard Detains MSC Cruise Ship in Miami

The U.S. Coast Guard has detained the cruise ship MSC Poesia at PortMiami, forcing MSC Cruises to cancel an 11-night Caribbean voyage after the vessel remained in port for two...

Qatar’s US LNG Bet Signals a New Energy Order

Turning to your biggest rival is rarely a sign of confidence. Yet Qatar's decision to sign long-term contracts for US supplies suggests the world's second-largest LNG exporter is increasingly concerned that instability in the Gulf could undermine its ambitious expansion plans.

New Jersey Governor Warns Ports Against Handling Russian Diesel

New Jersey Governor Mikie Sherrill is warning port and terminal operators not to accept Russian diesel shipments heading toward the U.S. East Coast, arguing that the Trump administration’s authorization of...

Australia Bans Bulk Carrier Over Repeated Falsification of Crew Rest Records

The Australian Maritime Safety Authority (AMSA) has banned a Marshall Islands-flagged bulk carrier from Australian ports for 90 days after inspectors discovered that crew work and rest records had been...

Hapag-Lloyd, ONE Warn Most Cargo Lost in Massive Containership Fire

Hapag-Lloyd and Ocean Network Express (ONE) are warning customers that most of the cargo aboard the fire-damaged containership Espirito Santo Express is likely severely damaged or a total loss, more...

Prime Minister inaugurates Pune Metro Line 3

INDIA: The 23.3 km Pune Metro Line 3 (Pink) was inaugurated by Prime Minister Narendra Modi via video link on November 3, with passenger services scheduled to start the following day. Developed by a joint venture of Siemens and Tata under a PPP agreement, the elevated line with 23 stations is intended to halve travel …

Former USS Enterprise Begins Final Voyage to Alabama for Dismantling

The former USS Enterprise (CVN 65), the world’s first nuclear-powered aircraft carrier, departed Newport News Shipbuilding in Virginia under tow on Monday, November 2, beginning its final journey to Mobile,...

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 …

War Widens in the Black Sea in a Test of NATO Red Lines

After seven strikes on cargo ships near NATO members Romania and Bulgaria last month, the US-led military alliance said it would deploy maritime patrol aircraft, radars and drones to bolster its eastern flank in the Black Sea.