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Kazakhstan to complete investigation into deaths of servicemen during Caspian Sea exercises soon

EXCLUSIVE: ‘Humor is good,’ Union Pacific CEO says of video rate threat

The chief executive of Union Pacific says he wasn’t serious when he threatened to raise rates for shippers that didn’t support UP’s merger with Norfolk Southern . Vena, who frequently peppers his public comments with joking asides, characterized the comment made to a shippers group as “a little humor” in a message to …

Teamsters say they’ve organized Amazon employees in Indiana; company demurs

The Teamsters are claiming victory for a group of “W-2” drivers at an Amazon facility in Indiana who sought representation by the union. But as with the entire Amazon-Teamsters relationship, it’s complicated. In its prepared statement announcing the “march” on the company to demand it bargain for a contract, the Teams…

Mexico cargo thieves shift tactics as Q3 truck parking thefts surge

Cargo thieves in Mexico are increasingly targeting parked trucks, shifting operations toward the country’s industrial heartland and exploiting nighttime security vulnerabilities. “Now, in Mexico, you can’t move loads without a plan,” Luis Enrique Villatoro, president of the Mexico-based National Association of Vehicle…

Conrail tabs Wright as president and chief operating officer

Conrail has named John Wright its new president and chief operating officer, bringing aboard a freight rail veteran with decades of operating and executive experience. Wright most recently served as general manager of Indiana Harbor Belt Railroad, a 600-employee switching and belt-line railroad based in Hammond, Ind. …

Shmyhal says Black Sea–Caspian links could open new trade and energy routes

Reliable links between the Black Sea and the Caspian Sea could open new opportunities for trade and energy shipments, Ukrainian Energy Minister Denys Shmyhal said, Report 's Eastern European bureau informs. Shmyhal, who co-chairs the Azerbaijan–Ukraine Intergovernmental Commission, was speaking at the opening of its 1…

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 …

A Super El Niño Is About To Test Which Freight Enterprises Plan For Impact And Which Only React

For most enterprises the first sign of a winter storm is still a broad, countrywide warning, the kind that tells a leadership team something is coming but says nothing about which lanes will fail, which distribution centers sit in the path, or which customer commitments are about to slip, and in a season shaping up to…

STB orders Union Pacific to make alleged rate hike threat video public

The Surface Transportation Board has ordered Union Pacific to make public a recording of Chief Executive Jim Vena’s remarks to a shipper conference, rejecting the railroad’s appeal in a dispute over whether he threatened customers who oppose its proposed acquisition of Norfolk Southern (NYSE: NSC ). The board’s Nov. 4…

Russia and Iran sign documents on Rasht–Astara railway project

Russia and Iran have signed a package of documents on the construction of the Rasht–Astara railway, Russian Deputy Prime Minister Andrey Nikitin told reporters, Report informs, citing Russian media. Nikitin said Russia's Caspian Services and Iran's CDTIC signed a protocol in Tehran granting access to land along the en…

Behind The Capitol Christmas Tree Is A Kenworth, Four Drivers, And A 2,000 Mile Haul Only Trucking Can Pull Off

Every December a towering evergreen rises on the West Lawn of the U.S. Capitol and gets called the People’s Tree, but before a child from its home state flips the switch to light it, the tree has to survive something most of the public never stops to consider, a journey of more than 2,000 miles from a remote national …

Harbinger raises $240M to expand EV platform beyond trucks

Harbinger raised $240 million in Series D funding to push its electric vehicle platform into energy storage, power generation, autonomy, and defense while it ramps production for a 2,000-truck order from FedEx . Tiger Global, Capricorn’s Technology Impact Fund, and Ridgeline co-led the round, the Garden Grove, Califor…

Germany proposes €100 million in additional aid for Ukraine's infrastructure

Germany is proposing an additional €100 million ($113 million) to help Ukraine repair its water, energy and transport infrastructure and better withstand intensifying Russian attacks, Report informs, citing Reuters. In a letter to parliament's budget committee, Germany's Finance Ministry said the money would supplemen…

Humble Robotics raises $51M for cabless hauler pilots

Humble Robotics raised a $51 million Series A on Thursday to move its cabless, electric Humble Hauler into customer pilots on port drayage and warehouse runs. Obvious Ventures led the round, with participation from existing investors Eclipse and Energy Impact Partners. The raise brings the San Francisco startup’s tota…

US Army enlists FedEx to modernize logistics at depots

FedEx Corp. has made clear that its future lies with premium B2B logistics services in key industrial verticals that require precision execution, such as automotive, healthcare, aerospace and data centers — not cheap last-mile delivery for online retailers. Add the defense sector to the list of industries the freight …

Sites of Memory of Western Azerbaijan: Khalaj, an Ancient Turkic Village in Zangezur

A study on the history of Khalaj, an Azerbaijani village in present-day Armenia that was left deserted after its Azerbaijani residents were driven out in the late 1980s, has been published as part of the "Sites of Memory of Western Azerbaijan" project. Report informs that the article was published in The Perished Civi…

Buying Trucks in a Buyer’s Market: What Owner-Operators Are Weighing Right Now

The scramble is over. Carriers and owner-operators who spent the past few years chasing build slots, paying inflated prices for used units and taking whatever iron they could find are now facing a different problem: plenty of options and very little margin for a bad decision. Lead times have stabilized, used pricing h…

Maersk raises profit outlook as earnings surge, but shares slide on expectations miss

A.P. Moller-Maersk raised its full-year earnings forecast on Thursday after higher freight rates drove a sharp increase in third-quarter profit, but its shares fell as the results and upgraded outlook disappointed investors. The stock dropped as much as 11.6% in Copenhagen trading. The Danish shipping and logistics gr…

KTZ Express ships cargo from Kazakhstan to Mexico via Azerbaijan using TITR

Uzbekistan's TMK urges wider use of Trans-Caspian route for mineral exports

Azerbaijan's Nakhchivan holds significant potential for solar energy, tourism, says British ambassador

The Nakhchivan Autonomous Republic (NAR) has significant potential for developing solar energy and tourism, British Ambassador to Azerbaijan Duncan Norman said during his visit to the region, Report informs. According to the ambassador, cooperation between the UK and Azerbaijan, particularly with Nakhchivan, is develo…

Azerbaijan's chief veterinary inspector outlines fish export requirements

Veterinary oversight is essential when transporting and exporting fish products, said Galib Abdulaliyev, Azerbaijan's chief veterinary inspector and head of the Food Safety Agency's Animal Health and Biosafety Department. Report informs that Abdulaliyev was speaking at the first Azerbaijan Regional Aquaculture Forum i…

Americold raises full-year outlook as warehouse performance improves

Americold Realty Trust raised its full-year earnings outlook Thursday after reporting higher third-quarter revenue and improved warehouse margins, while a one-time gain from its joint venture with EQT drove a sharp swing to profit. The temperature-controlled logistics company (NYSE: COLD ) based in Atlanta reported ne…

Azerbaijan to subsidize aquaculture equipment purchases from 2027

Azerbaijan plans to provide subsidies to fish farming and aquaculture enterprises for purchasing equipment starting January 1, 2027, Elnur Musayev, deputy chairman of the Agrarian Credit and Development Agency (AKIA) under the Ministry of Agriculture, announced at the First Regional Aquaculture Forum in Baku, Report i…

Georgia offers more than 400 services through unified government portal

Georgia is developing digital platforms and mobile service centers to make public and private services more accessible, Georgian Deputy Justice Minister Lana Morgoshia said. Report informs that Morgoshia was speaking at the UN Governance Innovation Summit in Baku. She said more than 600 public and private services wer…

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…

Port strike delayed again at Los Angeles, Long Beach ports

A potential strike by port watchmen at Los Angeles and Long Beach has been delayed again after the Pacific Maritime Association and International Longshore and Warehouse Union Local 26 agreed to extend their contract through midnight Pacific Time on Friday. Negotiations will continue Friday with assistance from federa…

Bucharest to host Caspian-Black Sea green energy corridor talks

Azerbaijan proposes six-year VAT exemption for agricultural machinery

Azerbaijan has proposed exempting sales of agricultural tractors and imports of their spare parts from value-added tax (VAT), as well as customs duties, for a period of six years starting January 1, 2027. According to Report , the proposal is included in a draft law on amendments to the Tax Code. The document is part …

Azerbaijan plans to introduce hourly wages, electronic salary payments

Azerbaijan plans to introduce hourly wages, particularly for employment contracts lasting less than a month or for jobs involving no more than 20 hours a week, as outlined in a draft law amending the Labor Code, Report informs. Hourly pay will be applied in specific economic sectors and at workplaces created by indivi…