When the merger agreement was initially announced, the rail carriers said it would create the nation’s first transcontinental ...
Rail carloads, at 224,620, fell 1.7% annually, and intermodal containers and trailer volume, at 294,284 units, decreased 1.2% annually.
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.
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 ...
Zebra Technologies is looking at strategic options for its robotics automation business ISM forecast sees a manufacturing rebound in 2026 as services maintain steady ...
The report observed that T&L dealmaking activity gained renewed traction over the second half of this year, with buyers ...
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 ...
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 ...