Ekspres Kargo

The company’s spending push is another sign that shipping and logistics multinationals are increasingly betting on India’s potential as an alternative maritime hub.

ODFL, XPO and Saia reported annualized declines in third-quarter shipments, but are positioning themselves for a stronger freight market in 2026.

Within the next six months, both countries plan to take steps toward selecting and funding projects that can deliver mineral products to buyers.

Recent tensions involved CPKC’s opposition to the UP-NS merger, but the battle has morphed into a larger disagreement about poor service on a 300-mile stretch of track in Louisiana and Mississippi known as the Meridian Speedway.

China-based Cosco’s latest earnings came as Beijing and Washington announced a one-year pause in their reciprocal port fees as part of a broader trade framework that included a reduction in US tariffs on Chinese imports.

But there was no indication when the pause would take effect or what would happen to the port fees already paid by ship operators in the two weeks since the US and China imposed the reciprocal levies on Oct. 14.

The truce also includes de-escalating other trade actions, such as China’s rare earth export controls and U.S. investigations into China-linked ships.

The central bank trimmed rates to a range between 3.75% to 4% in its second rate reduction this year.

While most of the carrier’s vessels continue to be diverted around southern Africa, the backhaul rerouting of two Ocean Alliance vessels through the Suez suggests security concerns may be diminishing.

While some carriers reported a positive outlook for freight stemming from power generation and mining projects, others noted that demand for offshore wind has been dented by regulatory upheaval.