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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,…
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…
China’s property starts plunge to 2002 levels
China’s property construction collapse has taken new building starts back to levels last seen in 2002, raising fresh questions about the long-term outlook for iron ore and coking coal demand, even as dry bulk owners become increasingly bullish about freight markets. Research published today by Ursa Shipbrokers reveals…
Iran exempts ships of four countries from Strait of Hormuz transit restrictions
Iran has exempted vessels belonging to India, China, Iraq and Qatar from transit restrictions imposed in the Strait of Hormuz.
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…
Samudera taps Yangzijiang yards for boxship duo
Singapore-listed Samudera Shipping Line has ordered two containerships in China, adding 6,000 teu of capacity to its newbuilding pipeline. The Indonesian-controlled carrier disclosed in a filing that it had signed shipbuilding contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi-Mitsui Shipbuilding, both …
TS Lines adds $246m boxship brace in China
Taiwanese liner operator TS Lines has returned to Shanghai Waigaoqiao Shipbuilding (SWS) for another pair of containerships in a deal worth $246m. The Hong Kong-listed carrier has contracted two 11,000 teu vessels at the CSSC-controlled yard, together with China Shipbuilding Trading, paying $123m apiece. The ships are…
Azeri Light oil price falls by 2.62% at Italy's Augusta Port
The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.
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…
First look: GXO Logistics Q3 revenue hits $3.6B
GXO Logistics reported third-quarter revenue of $3.59 billion, a 5.7% increase from a year earlier, as the global contract logistics provider secured more new business and expanded its sales pipeline to record levels. The Greenwich, Connecticut-based company (NYSE: GXO ) said Tuesday that organic revenue grew 6.4% dur…
Walmart in $6B Symbiotic deal to automate warehouses
Walmart has agreed to expand its commercial agreement with Symbiotic Inc. to automate an additional 25 U.S. regional distribution centers. Symbiotic ( NASDAQ: SYM ) is an AI-powered warehouse automation and robotics company headquartered in Wilmington, Massachusetts. Walmart ( NASDAQ: WMT ) will initially invest about…
Trucking group’s lawsuit threatens to upend federal carrier registration system
A federal appeals court challenge to the U.S. Unified Carrier Registration (UCR) system could disrupt annual registration fees paid by trucking companies and threaten funding for state commercial vehicle safety programs, according to the organization that administers the program. The Small Business in Transportation C…
Logistics Alert: Capacity SHRINKS for 11 Straight Months
#fwtv_3xAcTdOz4RU .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_3xAcTdOz4RU .fwtv-panel p{margin:0 0 12px}#fwtv_3xAcTdOz4RU .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The latest ISM Manufacturing PMI and LMI reports…
Diesel Prices Collapse, Then Rebound: What’s Driving Volatility?
#fwtv_iR1nkzVKbnA .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_iR1nkzVKbnA .fwtv-panel p{margin:0 0 12px}#fwtv_iR1nkzVKbnA .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The diesel market is experiencing extreme volati…
Why Your Trucking Insurance Costs Are Rising & How to Fight Back
#fwtv_wGWPcpLPMHY .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_wGWPcpLPMHY .fwtv-panel p{margin:0 0 12px}#fwtv_wGWPcpLPMHY .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Control your trucking insurance costs by focusin…
Truckload Rates Explode: How Shippers Adapt to Rising Costs
#fwtv_idDTHLionrA .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_idDTHLionrA .fwtv-panel p{margin:0 0 12px}#fwtv_idDTHLionrA .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The freight market is experiencing an inflationa…
Latam Cargo airlifts armored vehicles to Peru for Pope Leo visit
Two popemobiles that will be used during Pope Leo XIV’s visit to Peru arrived on Monday from Brazil aboard a Latam Airlines Group freighter aircraft, part of a special logistics operation carried out under contract to Peru’s Ministry of Foreign Affairs and in coordination with General Motors. The two Chevrolet vehicle…
Peak season inventory surge bolsters TL carriers’ double-digit rate ask
An October survey of supply chain executives confirmed what truckload carriers said on recent quarterly calls—that rates are likely to remain on the rise for the foreseeable future. The Logistics Managers’ Index, released Tuesday, showed further capacity declines alongside surging pricing. Q3 reports show carriers gea…
Benchmark diesel price is down; so is futures market in a big way
The benchmark price used for most fuel surcharges fell this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, pu…
FedEx uses dedicated logistics teams to win aerospace, automotive business
FedEx Corp.’s recent strategy to focus more on specialized services for companies in industrial sectors with complex logistics requirements, beyond basic parcel delivery, is paying dividends, especially in the aerospace and automotive sectors. The freight transportation giant last week described how it secured a serie…
US targets alleged labor violations at 2 Mexican factories
The U.S. has launched a labor rights investigation into a Mexican packaging manufacturer and announced a separate agreement to address labor rights concerns at an ammunition factory. The two cases highlight continued enforcement of worker protections under the United States-Mexico-Canada Agreement (USMCA). The Office …
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…
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…
Azerbaijan-Greece trade rises to $715.7 million, up more than 50% since 2024
Trade turnover between Azerbaijan and Greece exceeded $715.7 million in January–September 2026, marking an 8.7% increase compared with the corresponding period of 2025, according to the State Customs Committee.
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…