Gujarat exporters are struggling with soaring logistics costs and trade uncertainty with West Asia due to ongoing conflicts. Freight charges have surged dramatically, and disruptions are increasing handling times, transit, and insurance expenses, impacting sectors like pharmaceuticals, perishables, and textiles.
French-Canadian firm Flying Whales aims to establish an airship cargo hub in Mount Isa, Australia, by 2029. The company seeks government investment for its carbon-neutral LCA60T airships, designed for low-cost freight in remote areas. However, talks have stalled as government funds prioritize other sectors.
Amazon is expanding its trucking services to all businesses, not just its own network, causing shares of major freight carriers like Old Dominion, ArcBest, Saia, XPO Logistics, and FedEx Freight to fall significantly. The move, part of Amazon's Supply Chain Services program, offers less-than-truckload (LTL) shipping nationwide.
A proposed $21M bypass in Victoria's east, aimed at redirecting freight traffic away from Sale, has three local families concerned as it would pass through their backyards, threatening privacy, safety, and livelihoods.
Russia's Deputy PM Alexander Novak stated at SPIEF that the closure of the Strait of Hormuz and infrastructure damage in the Persian Gulf have led to a global energy market shortage of 12 million barrels daily and a dramatic rise in freight costs due to a lack of tankers.
Alashankou Port recorded a record-breaking 10.716 million tons of import and export freight in the first four months of the year, an 11% increase year-on-year. Both rail and road channels saw significant growth, with rail handling 6.383 million tons and road handling 517,000 tons. The port processed over 3,000 China-Europe/Central Asia freight trains, leading the nation.
FedEx Freight CEO John Smith stated the company's independence from FedEx will enable aggressive investment in growth initiatives, particularly in the less-than-truckload (LTL) shipping market. The company aims to reach a 15% operating margin by 2029.
Markets were mixed amid rising oil prices and interest rates, but rallied as President Trump announced ongoing peace talks with Iran. FedEx's spin-off of FedEx Freight is complete, with the new entity expected to generate $8.7 billion in revenue by 2026. Arm Holdings stock continued its rally after Nvidia's new PC processor announcement.
Dandong, China, sees increased activity in cross-border ties with North Korea as rail links resume, with trade up 23% to $988M in the first four months of 2026.
Chinese traders are exploring transcontinental freight links across Eurasia as a more reliable alternative to shipping routes through the Strait of Hormuz, which continue to face disruptions. Rail capacity is in high demand, with May slots fully booked.
A new China-Vietnam rail freight route has opened, with the first shipment of 170 tons of calcium hydroxide departing from Guangxi, China, to Vietnam. This route aims to enrich cargo variety and boost trade between the two countries.
Russia and China plan to boost cargo traffic via the Northern Sea Route and enhance rail, road, and sea transit between China and Europe through Russia, according to a joint statement after talks in Beijing.
China Railway reported a 0.9% year-on-year increase in freight volume from January to April, reaching 1.31 billion tons. Daily average car loadings rose 2% to 183,800, indicating improved quality and quantity of services, supporting economic stability and reducing logistics costs.
The West Asia conflict has drastically increased shipping costs. LPG and crude oil freight rates have more than doubled, while container shipping charges have surged nearly ten-fold, according to India's shipping ministry. Monthly vessel services to West Asia from Indian ports have also significantly dropped.
A freight train driver in Bangkok tested positive for drugs and faces charges after a collision with a bus killed eight people. The bus was stuck on tracks at a busy crossing. Authorities are implementing mandatory drug tests for rail staff.
A freight train collided with a sewage truck at a rail crossing in Chesapeake, Virginia, resulting in a large explosion of waste and life-threatening injuries to the truck driver. Investigations are ongoing.
A collision between a freight train and a bus in Bangkok, Thailand, on Saturday killed at least eight people and injured 32. The bus was stopped at a red light on the tracks when the train hit it, causing a fire.
At least eight people died and over 20 were injured when a freight train collided with a public bus at a railway crossing in Bangkok, Thailand. The bus caught fire after the impact, and investigations are underway into the cause.
Indian IT distributor Redington increases air freight usage for Middle East deliveries due to disrupted sea routes from conflict, anticipating 10-15% revenue growth despite demand dips.
International rail passenger transport between CIS countries increased by 12.6% to 10.5 million people in 2025, with freight turnover nearly reaching 3 trillion ton-kilometers, as reported by Russian Railways.
The federal government's ongoing financial support for the Whyalla steelworks remains a "fiscal risk" to the budget. Meanwhile, the South Australian government continues to hold out for more Commonwealth funding for a major road project.
Malaysia’s nascent electric vehicle market may be decimated before it gets up to speed, as business experts warn of a sharp drop in demand and delay in the renewable energy transition if the government imposes strict price curbs on imported units from July, in a move to protect the country’s vehicle makers. The ministry of investment, trade and industry (Miti) on Wednesday announced that from July 1, it will only allow the sale of imported EVs that have a cost, insurance and freight (CIF) value...
LEIPZIG, Germany, May 7 (Yonhap) -- The International Transport Forum (ITF) Summ...
CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customersBusiness live – latest updatesThe boss of the shipping company Maersk has said the reopening of the strait of Hormuz would have a “limited impact” on cargo flows, as the industry grapples with a sharp rise in energy costs.Vincent Clerc, chief executive of the Danish shipping group, said its fuel bill had nearly doubled since the start of the conflict, adding as much as $500m (£367m) in costs per month, but it had passed this on to its customers through higher freight rates. Continue reading...
