When the merger agreement was initially announced, the rail carriers said it would create the nation’s first transcontinental ...
Quarterly revenue, at $23.5 billion, increased 7% annually, and operating income, at $1.38 billion, was up 31%. Earnings per share, at $4.82, beat Wall Street expectations, at $4.02.
Rail carloads, at 224,620, fell 1.7% annually, and intermodal containers and trailers, at 94,284 units, decreased 1.2% annually.
Total November volume, at 1,456,259 units, fell 4.1% annually, following a 2.0% annual decline in October and respective 2.4% and 1.6% annual gains seen in September and August, respectively. Which ...
November’s TVI dry van freight reading—at 197—fell 18% compared to October, while falling 12% annually. The November refrigerated (reefer) TVI—at 172—was down 11% sequentially and off 6.0% annually.
The report observed that T&L dealmaking activity gained renewed traction over the second half of this year, with buyers ...
With a merger application for the proposed $85 billion historic merger between Union Pacific and Norfolk Southern expected to be filed with the Surface Transportation Board (STB) this week, more than ...
While economic conditions for the manufacturing and services sectors are mixed, both are expected to see growth in 2026, at different paces, according to the new edition of the Institute for Supply ...
With a focus on expanding access to its last mile delivery network, the United States Postal Service (USPS) said this week that shippers of all sizes will now be able to access more than 18,000 USPS ...
Top trucking industry executives are hoping 2026 will—finally—be the year when pent-up demand translates into higher freight rates and a return to profitability in both the truckload and ...
U.S.-bound imports see November declines, reports S&P Global Market Intelligence ...
AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers automate workflows, boost utilization, and navigate the lingering freight recession ...
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