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Turkey plans railway along its eastern Black Sea coast
TURKEY: The Ministry of Transport & Infrastructure has taken the first step towards development of a 500 km main line railway along the east of the country’s Black Sea coast between Samsun and the border with Georgia. The proposed route would run via the port cities of Ordu, Giresun, Trabzon and Rize before heading in…
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.”
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 …
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 …
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…
Can ‘BattMan’ secure the US battery manufacturing supply chain?
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.
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…
Defense tech company aims to build US supply chain for new laptop line
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.
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…
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…
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…
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 …
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…
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…
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…
Prime Minister inaugurates Pune Metro Line 3
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 …
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 …
Is warehouse demand shifting toward inland markets?
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.
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…
Celebrate the best of UK rail at the 2027 Rail Business Awards
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 …
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…