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Azerbaijan's annual customs exemptions and reliefs reach nearly $1.8B

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…

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...

Dubai Benchmark Slips Into Contango for the First Time Since July

The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…

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,...

US, Turkmenistan discuss trade, investment and Trans-Caspian connectivity

Uzbekistan, Hungary discuss logistics hubs to boost EU trade access

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.

Vote opens on controversial Port of LA workforce disclosure rules

Californians head for the polls today to decide on Charter Amendment PRT – a package of changes affecting Los Angeles’s airports, harbour, and Department of Water and Power, including new workforce disclosure requirements for leases at the port. The measure would require applicants for certain new Harbor Department le…

Ecommerce growth leaves Latin America’s air cargo imbalance unresolved

Growing ecommerce imports are reshaping Latin America’s air cargo networks, but have yet to resolve the region’s directional imbalance, with LATAM Cargo reporting that declining industrial shipments are offsetting some of the gains. Speaking to The Loadstar at TIACA’s Air Cargo Forum in Miami last week, LATAM Cargo gr…

Major liners set to resume all Asia-Europe services through Suez

All the mainline operators look set to resume Suez Canal transits for their Asia-North Europe and Asia-Mediterranean services. Taiwan’s Evergreen will join its Ocean Alliance partners in doing just that this week, while Yang Ming and South Korea’s HMM will join their Premier Alliance partners restarting Suez crossings…

M&A down under: follow the money to see who hits the target

Bread-and-butter deal-making, typically in the $250m-$1bn range, is surging. As you may have noticed Yesterday, DeskOne highlighted another M&A trifecta coming our way, right after ‘Merger Week Delight: Scan + OIA; Boluda + Samskip; Contship + Tarros‘, from a few days ago. And the deal struck down under by US-based AI…

Adani Ports bidding for Europe’s tank terminals – the test is whether it pays for returns or size

Adani Ports raised its guidance on growth that increasingly comes from outside India; walked away from Associated British Ports; has reportedly made a binding offer of about $3.3bn for European terminal operator EVOS; and has set up a company in Oman as the Port of Salalah prepares to change operator – with the US cas…

Fears a strike at San Pedro Bay ports could worsen congestion

Concern is rising among cargo owners and logistics providers that a strike at the Los Angeles/Long Beach port complex could turbo-charge the congestion there. About 250 watchmen, who perform security-related duties at container terminals at the twin ports, are poised to walk off the job at 5pm Pacific time on Wednesda…

$128bn tariff refunds – the money has moved, yet not everyone has been paid

Customs says it has certified $127.7 billion in unlawful emergency-duty refunds. Court records reveal an impressive processing system, a nearly $1 billion banking-information bottleneck and a legal divide that still leaves some importers waiting. The United States has built a remarkably efficient machine for returning…

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…

Ryder acquires Efficiency Enterprises

PRESS RELEASE Ryder Acquires Efficiency Enterprises; Expands East Coast Fleet Network Nov 2, 2026 12:30 PM Eastern Standard Time – Expands Ryder’s truck rental, leasing, and maintenance footprint across six strategic Northeast, Mid-Atlantic, and Florida markets – Builds on Ryder’s growth strategy by increasing capacit…

The Middle Corridor’s Future Depends on More Than Railways: Azerbaijan’s Strategic Role in Eurasian Trade - Caspian Post

The Middle Corridor’s Future Depends on More Than Railways: Azerbaijan’s Strategic Role in Eurasian Trade Caspian Post

The neutral capital: Could Ashgabat become a channel for U.S.-Iran de-escalation?

Alternative-Fuel Ship Orders Outpace Port Bunkering Infrastructure, Lloyd’s Register Warns

The global shipping industry is ordering alternative-fuel vessels faster than ports can develop the infrastructure needed to fuel them, according to a new report from Lloyd’s Register (LR), highlighting a...

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…

Broad Industry Coalition Urges Permanent Suspension of Costly U.S. Port Fees on China-Linked Ships

A broad coalition of maritime, agricultural, manufacturing, retail and logistics organizations is urging the Trump administration to permanently suspend U.S. port fees targeting China-linked vessels, warning that reinstating the charges...

Pakistan LNG Cargo Attacked Near Hormuz Had Iranian Approval

(Bloomberg) — Pakistan negotiated with Iran to secure safe passage for liquefied natural gas carrier Al Mayeda before the ship was attacked near the Strait of Hormuz on Friday, according...

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…

Alternative-Fuel Ship Orders Up 57% in 2026 as LNG Continues to Dominate

Orders for alternative-fueled ships are running 57% ahead of last year, with LNG-powered containerships and car carriers driving much of the growth, according to new figures from classification society DNV....