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

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…

Kazakhstan Calls for Stronger Implementation of Humanitarian Law at Geneva Dialogue

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has called for stronger national mechanisms to ensure compliance with international humanitarian law (IHL), stressing that efforts to protect civilians must begin long before armed conflicts break out. Kazakhstan h…

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…

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…

Kazakhstan Plans National Laboratory for Critical Materials as Manufacturing Sector Expands

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to establish a National Laboratory for Critical Materials in Astana as part of efforts to develop its mineral resources, strengthen geological exploration and reduce reliance on imports, First Deputy Prime Mi…

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…

Tokayev Meets Network School Founder, Welcomes Launch of Kazakhstan Branch

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – President Kassym-Jomart Tokayev met with Balaji Srinivasan, founder of Network School, to discuss cooperation in technology, education and innovation, reported the presidential press service on Nov. 4. From L to R: Balaji Sri…

Kazakhstan and China Build Digital Bridge for Data Economy

The Astana Times provides news and information from Kazakhstan and around the world. Access to reliable data gives businesses a competitive advantage when they develop AI tools, build digital services or enter new markets. Kazakhstan and China are working to make that resource easier to use securely across borders. Ch…

Kazakhstan Eyes 2035 Completion for First Two Nuclear Power Plants

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan expects its first two nuclear power plants to be completed by 2035, with construction of the Balkhash plant involving a Russian-led consortium headed by Rosatom and negotiations underway with China National Nuclear…

Kazakhstan to Complete Construction of Three New Airports by End of 2026

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to complete construction of three new airports in Zaisan, Katon-Karagai and Kenderli by the end of 2026 as part of efforts to expand the country’s aviation infrastructure and strengthen its transit potential,…

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…

Tokayev’s ‘Build! Once Again – Build!’ Initiative Takes Shape Across Kazakhstan With $14.3 Billion Plan

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan is preparing for a nationwide construction drive that will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure development through 2029, as President Kassym-Jomart Tokayev calls for a new phase…

AI Bubble: Global Investors Seek AI’s Real Enterprise Value at Hong Kong’s Cyberport Forum

The Astana Times provides news and information from Kazakhstan and around the world. HONG KONG — The term “bubble” was not a whispered fear but a baseline for discussion at the Nov. 4 Cyberport Venture and Capital Forum, where participants focused on winning the next competitive cycle in AI. As artificial intelligence…

Kazakhstan Signs New Uranium Supply Contracts With India and China

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has signed new contracts to supply natural uranium to major energy companies in India and China in 2026, as the country seeks to expand its international partnerships and diversify uranium sales markets, Kazakh Pre…

Nazarbayev University Conference Highlights Need to Rethink Teaching Practices

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Educators and higher education experts worldwide gathered in Astana on Oct. 27-28 for Nazarbayev University’s Teaching Conference 2026 to discuss ways to improve teaching quality, support faculty development and address the c…

Kazakhstan to Produce 494 Medicines Under $ 862 Million Investment Plan

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to expand domestic pharmaceutical production through eight major investment projects worth a combined $862 million, with plans to manufacture 494 types of medicines and create more than 1,200 jobs, Health Min…

Kazakhstan Retains Central Asia’s Top University Rankings as Nazarbayev University Climbs 62 Places

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has retained its position as Central Asia’s leading higher education system in the QS World University Rankings: Asia 2027, with three universities placing among the region’s top 100. Nazarbayev University recorded…

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 …

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…

Kazakhstan Sets Aside $ 14.3 Billion for Infrastructure and Social Projects Through 2029

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Kazakh government approved an action plan on Nov. 3 to implement the president’s state-of-the-nation address, allocating around 6.5 trillion tenge (US$14.3 billion) for key social and infrastructure projects through the e…

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…