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US$17,000 in Cash Found Hidden at Uzbekistan Border
Customs officers at the Dustlik checkpoint in Andijan region found US$17,000 hidden behind the rear seat of a truck leaving Uzbekistan.
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Uzbekistan Opens Product Showroom in the United States
Uzbek entrepreneurs have opened a showroom and logistics warehouse in the United States to promote Uzbek products and expand export opportunities.
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Oil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs Soar
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for licenses to purchas…
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India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist
Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…
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Uzbekistan Air Passenger Traffic Rises 1% to 6.9 Million
Uzbekistan’s airlines carried 6.9 million passengers in January–September 2026, up 1% year on year, while air cargo totalled 86,400 tonnes.
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China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps
A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…
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Uzbekistan to Automate Excise Tax Reporting from 2027
Uzbekistan is automating excise tax reporting for oil and gas products, with a transition to proactive tax return preparation planned for 2027.
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Centrum Air and A-Quatro Discuss China-Poland Cargo Flights
Uzbekistan’s Centrum Air and Poland’s A-Quatro have discussed charter cargo flights from China to Poland and multimodal freight delivery options.
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Dhaka metro construction contracts signed
BANGLADESH: Dhaka Mass Transit Company Ltd signed four depot and civil works contract packages for metro lines 1 and 5 on October 27. The construction of both lines was officially launched in 2023, but only depot development, land surveys and some site clearance works have been undertaken so far. Line 1 branch When co…
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Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks
Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …
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Uzbekistan and Wabtec Discuss Railway Modernisation Plans
Uzbekistan and US-based Wabtec have discussed railway infrastructure modernisation, local production, industrial cooperation and specialist training.
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Kazakhstan and Uzbekistan to Open Customs Offices
Kazakhstan has ratified an agreement with Uzbekistan to open customs offices in both countries and strengthen cooperation and information exchange.
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Railway supply industry news round-up
This week’s global railway supply chain news from Railway Gazette International. Stadler has begun construction of a SFr40m rolling stock commissioning centre at Weinfelden, close to the company’s headquarters in Bussnang. Designed by MP Architektur, it will have a main hall 210 m long, 35 m wide and 16 m high with fo…
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US and Turkmenistan Explore New Gas Routes Across the Caspian
US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …
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Seattle light rail extension consultation to begin in December
USA: Seattle’s Sound Transit and the Federal Transit Administration are to publish a draft environmental impact statement for the Ballard Link Extension light rail project on December 11, seeking public feedback by February 9 2027. The Ballard Link Extension would form a branch off the 1 Line, running 12.4 km from SOD…
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Urban Outfitters seeks material cost visibility from expanded technology suite
The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.
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Tanzania seeks investors for standard gauge projects
Tanzania is seeking private partners to construct and operate two more standard gauge freight railways, and is also looking for additional rolling stock, according to Tanzania Railway Corp senior representative Eric Kibona and Benjamin Mbimbi, Assistant Director for Railways at the Ministry of Transport. Speaking to R…
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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.
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Logitech launches supply chain decarbonization program
The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.
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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.
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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.
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Iran Reports More Tanker Fires in Strait of Hormuz
Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic. One of the oil tankers hit a naval min…
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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.
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EU Survey Reveals Massive Support for Renewable Energy Transition
A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…
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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.
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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…
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UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline
The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and reroute energy flows around Hormuz, reducing exposure to Iranian disr…
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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.”
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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 …
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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.