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Successful quarter at Expeditors boosted by hyperscaler business

All the key numbers at Expeditors International pointed upward in the third quarter at the logistics and freight forwarding company. Revenue year-on-year was up 42%, to $4.1 billion at the asset-light customs broker and freight forwarder. Despite the fact that the cost of transportation rose 49%, a faster rate than re…

FreightWaves Железные дороги
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New survey finds AI rush isn’t boosting ports earnings

A new survey of 103 industry experts has found that artificial intelligence is moving beyond trials in container ports and terminals, but measurable financial returns remain scarce. While 44% of respondents said their organizations had reached the scaling stage or beyond, Boston Consulting Group reported , only 4% rep…

FreightWaves Железные дороги
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Loamy raises $6M to flag produce before a buyer rejects it

Loamy, a Los Angeles startup that sells operations software to produce growers, packers, and distributors, has raised $6 million in seed funding led by Zeal Capital Partners. The round, announced Oct. 27, brings the company’s total funding to $10 million. Once a load misses a buyer’s spec after it ships, the grower ha…

FreightWaves Средний коридор
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Food Spending in Kazakhstan Tops Half of Consumer Budgets

Kazakhstan, Central Asia’s largest economy, ranks among the ten countries with the highest shares of consumer spending devoted to food in an international comparison. National figures show that food purchases continue to consume more than half of household consumer budgets despite rising cash incomes. According to int…

Times of Central Asia Аналитика
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Italy approves rail investments for €5.4bn

Italy’s draft budget law for 2027 allocated €5.43 billion to the national rail network over the next two years. The funds will be sent to infrastructure manager RFI, with the Terzo Valico project getting the largest share of the funds with €1.6 billion. According to article 77 of the bill, the ‘Services’ part of the p…

RailFreight.com Средний коридор
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Kazakhstan Signs Alatau City Agreements With $1.3 Billion Investment Potential

Kazakhstan has signed nine agreements with international partners in London to support the development of Alatau City in Almaty Region. The government estimates their combined investment potential at $1.3 billion. The agreements cover infrastructure construction and the development of education and healthcare. The agr…

Times of Central Asia Средний коридор
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Kazakhstan Tiger Reintroduction: Second Amur Tiger Released into the Wild

Kazakhstan has released a second Amur tiger into the wild as part of a program to restore the big cats to Central Asia. The male, named Amur, was freed in the Ile-Balkhash State Nature Reserve in southeastern Kazakhstan on October 31. The first tiger, a female named Umit, was released on July 31. According to Kazakhst…

Times of Central Asia Средний коридор
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Delivery AI should earn its authority one segment at a time

Salman Habib thinks AI vendors are asking retailers for too much, too soon. The vendors pitching them so far want full trust from day one, the Burq cofounder said, and that is why many retailers are still stuck deciding whether to use AI at all. Burq’s software decides how each order gets delivered, choosing among the…

FreightWaves Железные дороги
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Osinovsky Pass Bypass Opens in Kazakhstan After Years of Delays

A new road bypassing the Osinovsky Pass in eastern Kazakhstan opened to traffic on October 30 , offering motorists an alternative to a route frequently subject to winter travel restrictions. The bypass’s centerpiece is a 175-meter bridge across the Pikhtovka River, rising up to 45 meters above a gorge. The constructio…

Times of Central Asia Средний коридор
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Kazakhstan and China Discuss $200 Million Fund for Middle Corridor

Kazakhstan and China are discussing a joint investment fund with a preliminary target of up to $200 million to develop the Trans-Caspian International Transport Route, the Kazakh government said on November 2. The route, also known as the Middle Corridor, connects China and Europe through Kazakhstan, the Caspian Sea, …

Times of Central Asia Средний коридор
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Two Locations Considered for Kazakhstan’s Third Nuclear Power Plant

Kazakhstan is considering two possible locations for its third nuclear power plant: the city of Kurchatov in the east of the country and an as-yet-unspecified site in western Kazakhstan. Almassadam Satkaliyev, chairman of the Atomic Energy Agency, outlined the options at a parliamentary committee meeting on November 2…

Times of Central Asia Средний коридор
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Kazakhstan Resumes Oil Exports Through Russian Pipeline After Drone Attack

Kazakhstan resumed oil shipments through the Atyrau-Samara pipeline on November 3, a day after a drone attack on a Russian transit hub forced pumping to stop. The disruption again exposed the vulnerability of Kazakh exports to attacks on infrastructure beyond the country’s borders. The attack targeted facilities at th…

Times of Central Asia Средний коридор
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Kazakhstan and Azerbaijan agree: “Superferry” and new intermodal terminal for Middle Corridor

Kazakhstan and Azerbaijan are planning a joint intermodal terminal at the Baku International Sea Trade Port. In addition, the two countries want to launch regular high-capacity ferry services between the ports of Alat and Kuryk, dubbed “Superferry” in Azerbaijan. Both projects target freight on the Middle Corridor. Th…

RailFreight.com Средний коридор
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Évora–Caia delay costs Medway its daily freight Sines-Seville trains

The opening of Portugal’s new Évora–Caia line has slipped once again, this time to 2028, and the first casualty is already known. MSC has reportedly suspended the daily Medway freight service between the port of Sines and Seville, taking around 50,000 containers a year to a Spanish port instead. “Unfortunately, we fou…

RailFreight.com Железные дороги
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Maersk rail service shortens Finland–Asia transit by eight days

Maersk is launching a block train between Haparanda, on the Swedish–Finnish border, and APM Terminals Gothenburg. The service offers businesses in Finland and Northern Sweden an alternative to the conventional feeder route across the Baltic Sea. The first train is scheduled for 5 November. Logistics giant Maersk is ta…

RailFreight.com Железные дороги
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New dawn for Limerick-Foynes freight line

The first train has run on the reinstated Limerick-Foynes Freight Line, ahead of the 2027 restoration of rail access to Ireland’s Port of Foynes. The two-car passenger unit operated during testing over a public holiday weekend at the end of October. It was the first train to traverse the route since its decommissionin…

RailFreight.com Железные дороги
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Laude Smart Intermodal calls on Europe to donate old locomotives to Ukraine

European countries should hand over their old but operational locomotives to Ukraine, the Polish operator Laude Smart Intermodal argues. In turn, Europe could renew its fleet with new locomotives financed with EU aid. Ukraine has lost over 600 locomotives due to Russian attacks, while Polish companies retain several h…

RailFreight.com Железные дороги
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230-plus immigrants arrested in crackdown targeting unauthorized CDL holders

Federal and state law enforcement agencies arrested more than 230 undocumented immigrants, including more than 40 commercial driver’s license holders, during a 72-hour enforcement operation spanning 15 states. The operation, dubbed Operation Guardian , was conducted Oct. 26-28 by U.S. Immigration and Customs Enforceme…

FreightWaves Торговля
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Pamt Corp. reports Q3 net loss, books 109.1% truckload OR

Truckload carrier Pamt Corp. lost money again during the third quarter. Like other carriers , it pointed to elevated driver procurement costs and the spike in diesel fuel prices as the culprits. Pamt ( NASDAQ: PAMT ) reported a net loss of $8.1 million, or 38 cents per share, on Monday after the market closed. Earning…

FreightWaves Аналитика
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Central Asian Museum Experts Visit U.S. to Study Heritage Preservation

A group of museum workers and other cultural heritage specialists from Central Asia are currently in the United States to study preservation practices and exchange experiences with counterparts at the Getty Museum and other American institutions. Experts from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbek…

Times of Central Asia Средний коридор
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Waiting on EPA ‘27 rule, Rush says it might not be soon

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts…

FreightWaves Порты и суда
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Kazakhstan’s Carbon Black: Finding Value in Mining By-Products

London-listed Ferro-Alloy Resources (FAR) is developing a large vanadium deposit in Kazakhstan, as The Times of Central Asia reported in July, and operates a smaller concentrate-processing plant that recovers vanadium, molybdenum and nickel from purchased concentrates. The project could supply growing markets for vana…

Times of Central Asia Средний коридор
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SONAR SCI: Custom Insights Now Includes Conversion Optimization: Shows Shippers Where to Switch Modes and What They Can Save

The newest module in Supply Chain Intelligence: Custom Insights uses a shipper’s own freight data to flag lanes that could move from truckload to intermodal, or between spot and contract, and estimates the savings lane by lane. SONAR has added mode conversion optimization to SCI: Custom Insights, part of its Supply Ch…

FreightWaves Железные дороги
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Amazon, retailers paid more for freight in 3Q

Higher fuel and transportation expenses weighed on retailers’ supply chains during the third quarter, even as fulfillment improvements helped some companies contain costs. Early reports from Amazon, Tractor Supply and Carter’s point to an uneven environment heading into the holiday season, with shipping inflation alon…

FreightWaves Порты и суда
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Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight

#fwtv_LtCkVDuHfw .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_LtCkVDuHfw .fwtv-panel p{margin:0 0 12px}#fwtv_LtCkVDuHfw .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} ZET Scale, a shipper alliance, just placed the larg…

FreightWaves Средний коридор
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LTL vs. Truckload: Who emerged stronger from Q3 earnings reports?

#fwtv_2pLMzTsETo .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_2pLMzTsETo .fwtv-panel p{margin:0 0 12px}#fwtv_2pLMzTsETo .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves Finance Editor Todd Maiden breaks down…

FreightWaves Санкции и риски
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WARNING: Don’t Expect This Freight Cycle to End Soon

#fwtv_hkx7GLOu7gU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_hkx7GLOu7gU .fwtv-panel p{margin:0 0 12px}#fwtv_hkx7GLOu7gU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} FreightWaves expert breaks down 20 years of frei…

FreightWaves Железные дороги
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Parcel shipping demand to increase 4% during holidays, ShipMatrix says

Parcel carriers will deliver about 2.4 billion packages during the current peak shipping season, up 4% from the same period last year, despite high inflation, according to an estimate from ShipMatrix. The increase in parcel demand is aided by an extra shopping day this holiday season, said ShipMatrix, which helps ship…

FreightWaves Железные дороги
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Grow Your Brokerage. Keep Profitability in Focus.

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage explores why margin discipline is becoming a competitive advantage, and five practical rules …

FreightWaves Санкции и риски
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October’s 55.5 manufacturing PMI beats expectations

U.S. manufacturing activity remained in growth mode for a 10th straight month in October, with most key demand indicators remaining positive. The Monday update supported mostly positive demand commentary provided by public less-than-truckload carriers last week. Manufacturing supply executives surveyed during the mont…

FreightWaves Железные дороги