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STB turns UP-NS merger fight into inquiry over shipper intimidation
Union Pacific must disclose Jim Vena’s conference video and produce records about possible retaliation. The railroad denies making threats, and regulators have yet to decide whether anyone was intimidated – or whether the merger review should continue. For a regulator assessing the largest proposed US railroad combina…
Expanding U.S.–Turkmenistan Ties: Envoy and Business Group Visit Ashgabat
Turkmenistan and the United States are working to deepen their economic and diplomatic relationship, with a top American diplomat and a U.S. business delegation visiting Ashgabat this week. The U.S.-Turkmenistan Business Council had announced a semiannual business mission to Ashgabat on November 4–5, a trip that comes…
Nasdaq plunges into correction territory
CNBC reports: The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors accelerated their move away from technology stocks in the wake of the U.S. midterm elections. The tech-heavy Nasdaq declined 3.9% and dipped into correction territory, trading more than 10% below a…
Detention fees have a simple problem: a bigger bill cannot move a box that cannot move
The US Federal Maritime Commission wants research into when charges above compensatory cost actually speed cargo movement. For shippers, the critical distinction is between a delay they can prevent and one they cannot. A container is ready to leave a terminal, the trucker has an appointment, and the importer chooses t…
Opinion: Overcrowding on Almaty Buses – A Man-Made Transit Crisis
The Kazakh authorities’ grand plans to turn Almaty and its picturesque surroundings into Central Asia’s next tourist mecca have run headlong into a public transportation crisis this fall. Almaty residents have been flooding social media with photos and videos of overcrowded buses and trolleybuses, saying they have not…
Uzbekistan Plans to Upgrade Olot Border Crossing with Turkmenistan
Uzbekistan is considering upgrading the Olot border crossing with Turkmenistan, including a new bridge and changes to freight transport procedures.
Port of Long Beach set to handle record 10m teu this year
The Californian port of Long Beach is predicted to handle more than 10m teu this year, for the first time. “It’s been a peak year,” Port of Long Beach CEO Noel Hacegaba told The Loadstar on the sidelines of the World Ports Conference in London this week. “This could well be the first 10m teu year for us.” His comments…
18 Dead in Suspected Carbon Monoxide Poisonings in Uzbekistan
Eighteen people died in three suspected carbon monoxide poisoning incidents in Uzbekistan between October 25 and November 1, prompting warnings about dangerously modified gas boilers being sold as new. On October 25, seven members of one family died in the village of Chimyon in the Fergana region. On November 1, anoth…
Kazakhstan’s Top Three Universities Slip in QS Asia Rankings
Kazakhstan remained the only Central Asian country with universities in the top 100 of the latest Asian rankings from higher education analysts Quacquarelli Symonds (QS), although all three of its leading institutions fell. In the QS World University Rankings: Asia 2027 , released on November 3, Al-Farabi Kazakh Natio…
US importers should reconsider farming out customs paperwork, warns CargoTrans
US importers using ‘delivered duty-paid’ (DDP) shipping arrangements face increasing compliance and financial risks, as Customs and Border Protection (CBP) intensifies its scrutiny of foreign importers of record, according to CargoTrans. Nunzio De Filippis, co-CEO, and Rennie Alston, director of trade compliance, warn…
Mærsk prints billions, but doesn’t build confidence
It was a strong quarter for all three units. (Stock market reaction: -11.6% in early trade.) So opened the Q3 26 call with analysts by AP Møller-Mærsk (APMM) CEO Vincent Clerc, whose prepared remarks went on, and on, and on, and on for well over 10 minutes. That did feel like a good hour of my life wasted again and th…
Kazakhstan Asks Russia to Reopen Druzhba Oil Route to Germany After Six-Month Halt
Kazakhstan has formally asked Russia to restore oil shipments to Germany through the Druzhba pipeline, six months after Moscow suspended the route. The request follows a drone attack on Russian infrastructure that briefly halted another Kazakh oil export route earlier this week. Energy Minister Yerlan Akkenzhenov said…
Ocean the star as Maersk reports Q3 bump in revenue, but drop in volume
Maersk experienced a 27% year-on-year bump in its third-quarter revenues, hitting $18.1bn, buoyed by a sharp rise in container freight rates that more than offset a slight dip in volumes, prompting it to join ONE in revising its full-year outlook. While the Danish shipping and logistics group said revenue growth had b…
Kazakhstan Victims Compensation Fund Pays Out Just 9% of Revenue
Kazakhstan’s Victims Compensation Fund has collected more than 9.3 billion tenge ($20.6 million) over eight years but paid out only about 9% of that amount to crime victims. Snezhanna Imasheva, a member of the Kurultai, Kazakhstan’s unicameral parliament, has proposed increasing compensation payments or expanding elig…
‘Reminds me of Covid’: AI equipment chokes Taiwan’s air cargo gateway
Uncollected imports are clogging cargo warehouses at Taiwan Taoyuan Airport, tying up dollies and slowing aircraft unloading as equipment arrives to support the island’s AI and semiconductor industries, according to local forwarders. Seko Logistics has reported handling pressure affecting China Airlines, EVA Air, and …
Cristiano Ronaldo to Retire from Portugal National Team After November Matches
Cristiano Ronaldo has announced that November’s matches will be his last for Portugal, ending a 23-year international career with 234 appearances and 146 goals.
DHL’s growth broadening beyond Express – Global Forwarding sparkles
With the headline numbers pre-released three weeks ago, the full third-quarter report matters most for where DHL’s growth is coming from. Express still earns about 60% of group profit, but forwarding is winning air freight faster than its main rivals in a tight market, and Supply Chain’s new contracts are up 42% this …
GXO Logistics – it’s all about margins, stupid!
Three months after a beat-and-hold quarter tested the market’s patience, GXO delivered what it called its fastest organic growth in more than three years, largely finished integrating Wincanton and stepped up buybacks. Premium y’day wondered ahead of trade: ‘Where is the joy?’ – well, the shares rose 9.5% on the day o…
Continued congestion at ports puts pressure on intra-Asia box rates
Congestion at several ports continues to put upward pressure on intra-Asia container freight rates, despite improving conditions at major Chinese gateways and key transhipment hubs. The result is the Drewry Intra-Asia Container Index (IACI) is up by $46, to $1,504 per 40ft. Spot rates from Greater China to North-east,…
Hackers Walk Back Claim of Uzbekistan Data Leak Affecting 27 Million
Journalists in Uzbekistan found their own personal information and details about relatives in a database circulating online, Gazeta.uz has reported . The Interior Ministry announced an investigation on October 29 after reports linked the records to SAFE Service, formerly known as SafeRoad, a digital service for motori…
Kazakhstan Wheat Exports to Israel Under Discussion
Kazakhstan’s Food Contract Corporation is prepared to discuss long-term contracts to supply between 200,000 and 500,000 metric tons of food-grade wheat to Israel. Samat Tenbayev, deputy chairman of the company’s management board, outlined the proposal during talks in Jerusalem, Kazakhstan’s Ministry of Agriculture sai…
KLM reshapes cargo handling as AI demand fuels growth
KLM plans to consolidate cargo handling at Schiphol to accommodate additional freight without hiring more staff, as AI supply chains and disruption to ocean shipping strengthen parent Air France-KLM’s cargo business. The changes form part of a wider restructuring, announced today, aimed at improving KLM’s finances and…
Uzbekistan Seizes Jewellery Worth Over 1 Billion Soums at Tashkent Airport
Customs officers at Tashkent International Airport uncovered attempts to smuggle undeclared jewellery weighing around 691 grams and valued at over 1 billion soums.
Uzbekistan Seizes 613 Nicotine Pouches in Tashkent Region
Uzbek customs officers found 613 nicotine pouches concealed beneath confectionery products in a Damas vehicle. Their estimated value is 65 million soums.
Uzbekistan Airways and SQB Prepare for IPOs in 2027–2028
Uzbekistan plans to list shares in five companies, including Uzbekistan Airways and SQB, from the National Investment Fund’s portfolio in 2027–2028.
Karshi to Develop Recreation Areas for 25,000 Residents
Karshi plans to concrete the Chap Tarmoq canal and develop nearby public spaces, improving irrigation for 1,400 hectares and creating recreation areas for local residents.
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…