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Azerbaijan proposes six-year VAT exemption for agricultural machinery

Azerbaijan has proposed exempting sales of agricultural tractors and imports of their spare parts from value-added tax (VAT), as well as customs duties, for a period of six years starting January 1, 2027. According to Report , the proposal is included in a draft law on amendments to the Tax Code. The document is part …

Report.az Порты и суда
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Azerbaijan plans to introduce hourly wages, electronic salary payments

Azerbaijan plans to introduce hourly wages, particularly for employment contracts lasting less than a month or for jobs involving no more than 20 hours a week, as outlined in a draft law amending the Labor Code, Report informs. Hourly pay will be applied in specific economic sectors and at workplaces created by indivi…

Report.az Порты и суда
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Evergreen’s Suez return leaves Zim increasingly isolated

The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …

Splash247 Maritime Порты и суда
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Effective fishery management needed for Azerbaijan's Caspian sector, FAO says

The Azerbaijani sector of the Caspian Sea and the country's inland waters need effective fishery management, habitat protection, and responsible aquaculture development, Deputy Regional Representative of the Food and Agriculture Organization of the United Nations (FAO) for the region of Europe and Central Asia Nabil G…

Report.az Средний коридор
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Official: Garabagh, East Zangezur priority zones for aquaculture clusters

Garabagh and East Zangazur are priority areas for establishing a sustainable aquaculture cluster while preserving ecological balance, Latif Gasimov, Head of the Agricultural and Environmental Affairs Department at the Azerbaijani Cabinet of Ministers' Office, said at the 1st Azerbaijan Regional Aquaculture Forum in Ba…

Report.az Средний коридор
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Greater attention needed for preservation of Caspian Sea bioresources

Greater attention should be paid to the conservation of aquatic bioresources in the Caspian Sea, Chairman of the Milli Majlis Agrarian Policy Committee Tahir Rzayev said at the 1st Azerbaijan Regional Aquaculture Forum in Baku, Report informs. According to him, it is necessary to protect fish stocks, prevent illegal f…

Report.az Средний коридор
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Fishery development to strengthen food security, regional jobs in Azerbaijan

The development of fisheries and aquaculture strengthens Azerbaijan's food security and opens up opportunities for employment growth in the regions, Minister of Agriculture of Azerbaijan Majnun Mammadov said at the 1st Azerbaijan Regional Aquaculture Forum in Baku, Report informs. According to the minister, the develo…

Report.az Средний коридор
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Maersk upgrades profit outlook despite underperforming rivals

Maersk has raised its full-year earnings guidance for the third time this year, with the Danish shipping giant continuing to benefit from extraordinary freight rates, resilient cargo demand and widespread supply chain disruption. The Copenhagen-headquartered group now expects underlying EBITDA of between $14bn and $14…

Splash247 Maritime Порты и суда
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33,000 truckers sidelined over violations as highway blitzes hit Arkansas, Virginia

Federal trucking regulators are expanding Operation Highway Shield enforcement efforts across the United States, with new inspections in Virginia uncovering 100 safety violations. As of Nov. 4, the U.S. Department of Transportation reports that 33,000 commercial drivers have been placed out of service nationwide for f…

FreightWaves Железные дороги
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Transportation committee in House set for overhaul post-election

The massive Democratic Party win on Election Day will have implications for government rules and regulations on trucking, including the so-called highway bill , driven in part by changes in the lineups of who will sit on Congress’ transportation-focused committees. There are several members of the House Transportation…

FreightWaves Торговля
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Class 8 truck orders plunge 36% as EPA uncertainty rattles fleets

North American Class 8 truck orders tumbled 36% year over year in October, signaling a surprisingly weak start to the 2027 order season. Trucking fleets are grappling with regulatory uncertainty , rising equipment costs and pressure on operating margins, according to data released Wednesday by FTR Transportation Intel…

FreightWaves Железные дороги
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The Hidden Data Challenges for Autonomous Trucking Safety

#fwtv_b3Jz7TlMY .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_b3Jz7TlMY .fwtv-panel p{margin:0 0 12px}#fwtv_b3Jz7TlMY .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Forget millions of test miles—it’s about the *right* m…

FreightWaves Средний коридор
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8 Inches of Rain Shut Down Busiest US Rail Line for 60 Hours

#fwtv_G9ipi6iffSs .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_G9ipi6iffSs .fwtv-panel p{margin:0 0 12px}#fwtv_G9ipi6iffSs .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} North American rail traffic saw a mixed performa…

FreightWaves Железные дороги
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Dry Van & Reefer: Market Signals You Can’t Ignore

#fwtv_tfuDg8ahqwY .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_tfuDg8ahqwY .fwtv-panel p{margin:0 0 12px}#fwtv_tfuDg8ahqwY .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Despite trending lower, dry van tender rejection…

FreightWaves Железные дороги
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GXO’s contract wins surge 34%, but growth comes amid cost pressures

GXO Logistics is seeing accelerating demand for its contract logistics services, particularly in North America, as data centers, aerospace and defense customers fuel a record sales pipeline. During a Wednesday earnings call, CEO Patrick Kelleher said the company’s renewed commercial strategy is generating larger contr…

FreightWaves Средний коридор
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Emirates rolls out enhanced air cargo service for data center operators

The cargo division of Middle East carrier Emirates has introduced a dedicated product designed to facilitate the shipping process for cloud computing companies and suppliers with time-critical AI-related products, which have become a major driver of air cargo demand in the past year. The product combines priority load…

FreightWaves Порты и суда
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Transpacific emerges as liner shipping’s golden trade

The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via the Cape of Good Hope. New analysis from Alphaliner shows that the extraordinary st…

Splash247 Maritime Порты и суда
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Intermodal leads weekly gains as US rail traffic rises 3.5%, says AAR

U.S. rail traffic increased 3.5% in the week ending Oct. 31 compared with the same week in 2025, the Association of American Railroads said Wednesday. Carload traffic rose 3.0%, while intermodal volume increased 3.9%. Seven of the 10 carload commodity groups recorded year-over-year gains. Metallic ores and metals led …

FreightWaves Железные дороги
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Stronger revenue at Uber Freight, but profits still elusive

Uber Freight CEO Rebecca Tinucci took to LinkedIn to tout the company’s third quarter financial performance, which still is a long way from operating profitability. As Tinucci said in her published remarks, “two things can be true at the same time.” Her comments highlighted gross bookings of $1.768 billion, which is a…

FreightWaves Железные дороги
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Azerbaijani cookbook published in Bosnian

A book showcasing Azerbaijan's culinary traditions, national dishes and hospitality has been published in Bosnian in Bosnia and Herzegovina, Report 's Balkan bureau informs. Titled "Azerbejdžansko gostoprimstvo kroz kulinarske recepte – U gostima kod Natavan" ("Azerbaijani Hospitality Through Recipes - Visiting Natava…

Report.az Средний коридор
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Asia-US container rates hold as carriers seek $3,000 November rate hikes

Trans-Pacific ocean rates remain well above pre-peak levels, and carriers are seeking increases of $2,000–$3,000 per FEU for November despite signs that the prolonged peak season is ending. Forwarders cited improving space availability and more consistent vessel schedules as reasons to doubt that the increases would s…

FreightWaves Порты и суда
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Trimble cuts growth outlook as European freight market slows

Trimble reported higher third-quarter revenue and earnings Wednesday, but lowered its full-year recurring revenue growth forecast as weakness in European freight markets and slower demand for positioning services weighed on its outlook. The Westminster, Colorado-based technology company (NASDAQ: TRMB ) reported third-…

FreightWaves Порты и суда
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Estonia seeks broader cooperation with Azerbaijan in energy and digitalization

Estonia is interested in expanding cooperation with Azerbaijan in energy, education, digitalization and other areas, Estonian Foreign Minister Margus Tsahkna said. Report informs that Tsahkna was speaking at the fourth meeting of the Intergovernmental Commission on Cooperation between the two countries in Tallinn. He …

Report.az Средний коридор
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ACG oil output forecast at 316,400 barrels per day in 2027

Daily crude oil production from the Azeri–Chirag–Gunashli (ACG) block in Azerbaijan's sector of the Caspian Sea is forecast at 316,400 barrels in 2027, Report informs, citing the 2027 budget package. The figure is 1,700 barrels, or 0.5%, below this year's forecast. During the first three quarters of this year, ACG pro…

Report.az Средний коридор
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ONE lifts profit forecast to $2 billion as earnings surge

Ocean Network Express more than quadrupled its second-quarter net profit and raised its full-year earnings forecast to $2 billion, as stronger freight rates and higher cargo volumes outweighed rising operating costs. The Singapore-based container shipping company co-owned by three Japanese carriers reported net profit…

FreightWaves Железные дороги
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Estonian foreign minister to visit Azerbaijan in late November

Estonian Foreign Minister Margus Tsahkna will visit Azerbaijan in late November to attend the official opening ceremony of the country's new embassy in Baku, according to Report . "The strengthening of our partnership is also reflected in Estonia's new embassy in Baku, which I have the honor of officially opening at t…

Report.az Средний коридор
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East Midlands Airport welcomes another Chinese cargo airline

A Boeing 747-400 freighter jet operated by Central China Longhao Airlines arrived at East Midlands Airport on Monday, adding to the roster of cargo airlines now using the airport as a gateway to the United Kingdom market. Central China Longhao Airlines will operate twice-weekly flights to East Midlands from Zhengzhou …

FreightWaves Железные дороги
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Higher shipment weights help ArcBest beat Q3 expectations

Heavier shipments are driving higher tonnage and revenue per bill at ArcBest’s less-than-truckload unit. Freight lost to a once-depressed truckload market is returning alongside an improved manufacturing complex. The changing freight mix helped the company beat third-quarter expectations on Wednesday. The Institute fo…

FreightWaves Санкции и риски
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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…

The Loadstar Железные дороги
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Baku, Tallinn mull co-op prospects in transport, AI, trade

Azerbaijan and Estonia have discussed possibilities for expanding cooperation in the fields of transport, logistics, trade, digital development, and innovations, Minister of Digital Development and Transport of Azerbaijan Rashad Nabiyev wrote on X, Report informs. The discussions took place during the 4th meeting of t…

Report.az Средний коридор