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PKP Cargo eyes further layoffs as unions demand sign-off on pay deal

Polish freight operator PKP Cargo is apparently planning another round of collective layoffs before the end of the year, along with changes to how its staff are paid, according to Polish rail media. Responding to the reports, PKP Cargo told the Polish Press Agency that restructuring administrator Paweł Głodek is analy…

RailFreight.com Железные дороги
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Scottish campaigners include freight opportunities

Lobby groups in the north and south of Scotland have emphasised how freight can play a new role in railway development. Campaigns in the North East and the Scottish Borders have both put their cases to the government and to stakeholders at large. The North East lobby group was at the Scottish Parliament last week, whi…

RailFreight.com Железные дороги
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Calmer waters for container spot rates, but ‘fragile’ Middle East a threat

There was a certain sense of calm about the container spot freight rate market this week, with slight declines on both the transpacific and Asia-Europe trades as capacity constraints eased and demand remained seasonally subdued. Drewry’s World Container Index (WCI) recorded a 2% week-on-week drop on its Shanghai-Rotte…

The Loadstar Железные дороги
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Medway goes solo on Le Havre–Nantes trains as French map grows

Medway France is now running MSC’s container trains between the ports of Le Havre and Montoir-de-Bretagne on its own, after more than three months working on the flow alongside Europorte. It is the company’s third regular flow in France, less than a year after it entered the market. MSC’s rail freight arm started the …

RailFreight.com Железные дороги
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Freighter capacity divides air cargo fortunes as rates climb

Access – or not – to freighter capacity is helping shape air cargo’s fortunes. IAG Cargo, which shed its freighter operations more than a decade ago, lost traffic following cancelled services, while asset-heavy DHL reported double-digit volume growth. But rising rates do not necessarily signal a late peak-season surge…

The Loadstar Аналитика
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NYK – the argument now is over what a normal year looks like

NYK has raised its dividend to ¥330 a share on a year swollen by the closure of the Strait of Hormuz and strong container rates, but its own guidance has second-half profit falling by more than 40%. Morgan Stanley values the company on a normal year worth less than half of this one and sees a risk the dividend is cut …

The Loadstar Санкции и риски
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‘Carrier selection matters’ when it comes to getting your goods on time

The Asia-North America tradelane is facing the highest ocean freight disruption risk over the coming weeks. Reduced carrier capacity and growing difficulty securing bookings threaten shipment reliability, according to WiseTech Global. The company’s November Ocean Freight Risk Outlook, released today covering weeks 45-…

The Loadstar Санкции и риски
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Forget about Mærsk as the integrator of container logistics

Today we soft launch our “Top Analyst Question(s) Award” drawing from yesterday’s Q3 26 (YAWWWNNNN) earnings call with Mærsk, when CEO Vincent Clerc tried to explain why all units are firing on all cylinders, almost a decade after the carrier’s reorg was disclosed (our exclusive from Oct 2018 is here), aiming for deep…

The Loadstar Торговля
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Cargo crime in North America down in Q3, but losses are mounting

Organised criminal networks are increasingly exploiting identity fraud, carrier impersonation and weaknesses in freight verification, driving cargo theft losses across Canada and the US up 39% year on year, despite a sharp decline in reported incidents Verisk CargoNet recorded 2,072 of reported supply chain crime inci…

The Loadstar Санкции и риски
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Hong Kong reviews river fees as mainland ports lure cargo away

Hong Kong is reviewing permit fees charged to river trade vessels as it seeks to maintain its port’s competitiveness amid growing competition from mainland Chinese terminals in Guangzhou and Shenzhen. The secretary for transport and logistics, Chan Mei-po, announced the review in a written reply to the Legislative Cou…

The Loadstar Порты и суда
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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…

OilPrice.com Порты и суда
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KTZ Express ships Kazakh polymers to Mexico via the Middle Corridor

KTZ Express, the freight forwarding subsidiary of Kazakh Railways (KTZ) has organised a container shipment from Kazakhstan to the Mexican Port of Veracruz. KTZ is reaching ever-more destinations across the world “beyond traditional sales markets”. KTZ Express presented the shipment as part of an effort to expand the g…

RailFreight.com Средний коридор
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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…

OilPrice.com Порты и суда
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ČD Cargo refutes claims ‘rail can’t compete with road’ for smaller shippers

ČD Cargo has rejected the “simplistic conclusion that rail cannot compete with road”, after shippers interviewed on primetime Czech television said they had switched to trucks on cost and speed. Rail, the operator says, “can offer a competitive solution in terms of price, transport capacity and reliability”, for both …

RailFreight.com Средний коридор
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What will happen to DB Cargo if it fails to break even?

Time is ticking for the German national rail freight operator DB Cargo. It needs to implement its restructuring programme by 31 December 2026 under a deal with the European Commission. If the operator fails to do so, it could be in serious trouble. The goal is to break even financially. The DB Cargo case in short DB C…

RailFreight.com Железные дороги
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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 …

OilPrice.com Порты и суда
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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.

UzDaily Торговля
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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…

The Loadstar Железные дороги
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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 …

OilPrice.com Средний коридор
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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…

The Loadstar Аналитика
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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…

The Loadstar Железные дороги
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Adif president follows Puente out: what’s left of Spain’s freight agenda?

Adif president Luis Pedro Marco de la Peña has resigned, a day after Transport Minister Óscar Puente quit over the deadly Urda high-speed crash. With Spain’s rail leadership upended just weeks before the 29 November snap election, what does the shake-up mean for freight, from Adif’s new 2026–2030 funding deal to the R…

RailFreight.com Средний коридор
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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…

The Loadstar Порты и суда