Union Pacific and Norfolk Southern are ten days from the deadline that will determine whether America's first coast-to-coast railroad survives contact with its regulator. The Surface Transportation Board accepted the revised merger application on 28 May but held the entire proceeding, including environmental review, in abeyance, ordering the applicants to submit supplemental information by 27 July. The Board wants the parts of the application that are unclear or underdevelope

American importers are barrelling into the busiest month in the history of US container shipping, and the reason has less to do with consumer demand than with a date on the calendar. The NRF/Hackett Global Port Tracker projects 2.47 million TEU moving through US ports in July, the highest monthly total ever recorded, as shippers race cargo across the Pacific ahead of an expected August tariff jump. The 10% global tariff imposed under Section 122 lapses at 12:01 a.m. on July 2

The American truckload market has done something it has not managed in four years: charged more on the spot market than on contract. The reasons are the opposite of the last time it happened. DAT Freight & Analytics reported that June saw the national average dry van spot rate surpass the contract rate for the first time since February 2022. Dry van spot rates ran 49 percent above year-ago levels during the week ending 3 July. Spot linehaul rates rose at least 39 percent year

Delta Air Lines walked into the summer's first earnings print carrying the largest quarterly fuel bill in its history. It walked out having reaffirmed its full-year guidance, lifted its dividend and dragged the entire sector up with it. The Atlanta carrier reported $19.8 billion in GAAP operating revenue for the June quarter and $2.44 in earnings per share, with $1.56 adjusted — ahead of the $1.51 analysts had penciled in. Full-year adjusted EPS guidance held at $6.50 to $7.5