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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 …

Railway Gazette Железные дороги
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U.S. Midterms Hand Democrats a Central Asia Agenda They Helped Build

Democrats have won control of Congress in the November 3 midterms, ending President Donald Trump’s Republican majority. But they inherit a Central Asia agenda their party helped build, backed by substantial orders for American manufacturers. Uzbekistan Airways’ new Boeing deliveries are due to begin in 2031 , while Ka…

Times of Central Asia Средний коридор
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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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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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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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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 …

Railway Gazette Средний коридор
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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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Opinion: What is on the agenda for Central Asia at COP31?

The 2026 United Nations Climate Change Conference , better known as COP31, is taking place in Antalya, Türkiye, from November 9 to 20. Delegations from almost 200 countries will participate in the event, including all the Central Asian republics, but Uzbekistan and Kazakhstan will play an outsize role in coordinating …

Times of Central Asia Средний коридор
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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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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…

The Loadstar Аналитика
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Child Labor in Kyrgyzstan: Poverty and Gaps in Enforcement

Dozens of children have been found working at markets in the southern Kyrgyz city of Manas, formerly Jalal-Abad. Police officers and social workers spoke to the children’s parents and guardians and issued warnings, Turmush reported on November 2. Nationwide, 19.6% of children aged 5–17 were involved in child labor in …

Times of Central Asia Порты и суда
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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…

The Loadstar Средний коридор
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Kazakhstan Uranium Reserve Planned by End of 2027

Kazakhstan, the world’s largest uranium producer, plans to create a state strategic uranium reserve by the end of 2027 to secure fuel supplies for its future nuclear power plants. Deputy Prime Minister and National Economy Minister Serik Zhumangarin announced the deadline at a government meeting on November 3. The cou…

Times of Central Asia Железные дороги
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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…

The Loadstar Торговля
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Kazakhstan Seeks to Reduce Dependence on Imported Medicines with New Pharmaceutical Plants

Kazakhstan plans to begin producing almost 500 types of medicine domestically by 2034 under eight investment projects worth approximately $862 million, the Health Ministry said on November 3. The projects are expected to create more than 1,200 jobs and reduce the country’s dependence on imported medicines. Production …

Times of Central Asia Железные дороги
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Uzbekistan Inflation: Consumers’ Estimates Exceed Official Rate

People in Uzbekistan believe prices have risen considerably faster than official inflation figures show, according to a survey by the Central Bank of the Republic of Uzbekistan. Respondents estimated annual price increases at 9.2% in September, compared with the official inflation rate of 6.4%. The survey covered 2,72…

Times of Central Asia Порты и суда
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Shippers spread parcel volume as carrier surcharges climb

CHICAGO — Parcel shippers spent years handing one national carrier all their volume and negotiating once. At FarEye’s Last Mile Leaders America 2026 conference in August, panelists described why shippers are moving away from single-carrier agreements. Rising surcharges are part of the reason. Software that lets shippe…

FreightWaves Порты и суда
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China–Central Asia Flights Expand as Aviation Booms

Passenger and cargo links between Central Asia and China are expanding, with 117 scheduled weekly flights now connecting Kazakhstan and China, up 52% from a year earlier. Aviation officials from China and the five Central Asian countries are meeting in Tashkent on November 3–5 to discuss opening the market further. Tr…

Times of Central Asia Порты и суда
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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…

The Loadstar Аналитика
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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…

The Loadstar Железные дороги
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Kazakhstan’s Youth Soccer Players Hospitalized After Suspected Food Poisoning in Tashkent

Six children and two adults in a youth soccer delegation from Kazakhstan remained hospitalized in Tashkent on November 4 after a suspected food poisoning outbreak during an international tournament. Kazakhstan’s embassy in Uzbekistan said they were in stable condition and that 10 other patients had been discharged . T…

Times of Central Asia Торговля
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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…

The Loadstar Порты и суда
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Kazakhstan Oil Exports: Talks With Azerbaijan on Higher BTC Shipments

Kazakhstan and Azerbaijan are discussing ways to increase shipments of Kazakh oil across the Caspian Sea and through the Baku–Tbilisi–Ceyhan (BTC) pipeline. In the first nine months of 2026, shipments from Aktau through the pipeline rose 24% year on year to 1.16 million metric tons. At a meeting in Baku on November 3,…

Times of Central Asia Средний коридор
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Iran Says Four Oil Tankers Destroyed by Mines Near Strait of Hormuz

Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Wednesday, as attacks on vessels in the region intensify while crude oil flows have dipped from recent highs. The f…

OilPrice.com Порты и суда
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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 …

Railway Gazette Железные дороги
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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…

The Loadstar Железные дороги
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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…

Railway Gazette Средний коридор
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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…

Railway Gazette Средний коридор
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First look: GXO Logistics Q3 revenue hits $3.6B

GXO Logistics reported third-quarter revenue of $3.59 billion, a 5.7% increase from a year earlier, as the global contract logistics provider secured more new business and expanded its sales pipeline to record levels. The Greenwich, Connecticut-based company (NYSE: GXO ) said Tuesday that organic revenue grew 6.4% dur…

FreightWaves Торговля
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Walmart in $6B Symbiotic deal to automate warehouses

Walmart has agreed to expand its commercial agreement with Symbiotic Inc. to automate an additional 25 U.S. regional distribution centers. Symbiotic ( NASDAQ: SYM ) is an AI-powered warehouse automation and robotics company headquartered in Wilmington, Massachusetts. Walmart ( NASDAQ: WMT ) will initially invest about…

FreightWaves Средний коридор