USTR urged to permanently suspend China-linked ship fees
Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”
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Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”
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 …
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 …
The Energy Department’s Battery Manufacturing Accelerator aims to plug gaps in domestic material and component supplies over the next few years as U.S. battery demand looks set to quadruple.
Anduril is assembling the circuit board and partnering with Qualcomm for the chip that powers the BlueChip line while looking for domestic suppliers for other parts.
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 …
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…
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…
Singapore and Malaysia Bunker fuel availability remains tight in Singapore, with delayed cargo arrivals and congestion at loading terminals continuing to constrain supply, a source said. VLSFO lead times are currently around 13-15 days. Last week, suppliers recommended lead times ranging from around 13 days at the ear…
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 …
Uncertainty has led shippers to move an increased amount of inventory across inland markets versus port markets, according to experts, but it may not necessarily translate to a shift in demand.
UK: Organisations across the UK rail and metro sectors have until 23.55 on November 13 to submit entries for the next Rail Business Awards , which will take place on March 11 2027 in Newcastle-upon-Tyne. Established as the first national awards for the UK railway sector, the prestigious Rail Business Awards recognise …
SPAIN: Renfe has introduced a new safety directive for high speed operations, requiring trains to halt and proceed at a maximum speed of 40 km/h under visual supervision after cab signalling failures. The decision follows the fatal Urda collision that killed at least 69 people. Most Spanish high speed lines are equipp…
AUSTRALIA: The Victorian Infrastructure Delivery Authority has announced the preferred bidder to rebuild Sunshine station as part of Stage 1 of Melbourne’s long-planned Airport Rail Link. It has also committed to starting Stage 2 works in 2028, leaving the final stage without a timescale. The airport rail project is b…
SWEDEN: Trafikverket has picked the lowest cost of the routes it studied for part of Norrbotniabanan, a missing link in the EU’s core rail network along the northern Baltic coast, three months after the government ordered it to rein in costs on the line’s unbuilt northern section. The Swedish transport administration …
The rise in the number of Turkish shipyards from 37 in 2002 to about 85 today has substantially increased the country’s newbuild capacity but shiprepair and maintenance continues to account for much of the industry’s maritime activity, as more shipowners extend vessel service life. For instance, Turkish yards, concent…
EUROPE: International high speed train operator Eurostar announced on November 2 that Gwendoline Cazenave was stepping down as CEO. Christophe Fanichet has been appointed as CEO from December 1, with Matthieu Quyollet, Chief Financial, Strategy & Transformation Officer and deputy CEO, serving as CEO in the interim. Fa…
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 November 2026, to review global market conditions and outlook. The seven participating countries decided to main…
Clarity across supplier contracts helps procurement teams uncover savings, risk and performance insights.
Record inventory but still missing fill rate targets? The problem isn't supply or forecasting; it's your supply chain decision layer. Here's how to fix it.
A round-up of recent rail industry contract awards around the world, compiled by Railway Gazette International . Austria: DPB Rail Infra Service took delivery of its first Siemens Mobility dual-mode Vectron on October 8. The locomotive is approved for operation in Austria and Germany, expanding the company’s operation…
With ETCS being rolled out on several suburban networks, Australia has adopted it as the technology pathway for national interoperability in widely differing applications. A regulatory structure has been agreed, while the use of common standards is expected to reduce the need for compatibility testing, as Frank Heibel…
It’s after 10 pm, and about a hundred meters from the parliament building, in a place once covered with asphalt, there is a large, deep, dark hole. Inside the hole lies a massive concrete box, the outer frame of the underground passage, and over that large box runs a pipe, a newly installed one, but dirty. Over the pi…
Shenzhen Metro Group has emerged over recent years as an increasingly active player in the development of metro, light rail and suburban projects across a swathe of emerging markets, from Algeria to Vietnam, as Benjámin Zelki explains. Embracing the expansionist ideals of China’s Belt & Road initiative, Shenzhen Metro…
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…
Georgia and Azerbaijan signed documents, discussed cooperation, and agreed to speed up the border demarcation and delimitation process as officials from the two countries held the 11th meeting of the Georgia-Azerbaijan Intergovernmental Commission on Economic Cooperation on October 30 in Tbilisi. The meeting, co-chair…
The Interior Ministry confirmed that one person has been arrested, as Russian sources cited a tourist from Belarus alleging that a man physically attacked her at Tbilisi railway station because she was speaking Russian. The alleged assailant reportedly claimed that he hit her after she rejected his attempt to introduc…
Georgia’s Constitutional Court has begun hearings in a lawsuit filed by 88 lawmakers from the ruling Georgian Dream-led majority seeking to ban five major opposition political groups. The lawsuit targets the United National Movement (UNM), Coalition for Change, Lelo/Strong Georgia, Federalists, and former Prime Minist…
CHINA: The Nanchang metro’s maintenance department has developed an adapter to simplify the replacement of different brands and models of emergency lighting equipment used to help evacuate passengers in the case of a power failure. The operator said stations opened at different times often use different customised lig…
“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…