Freight Railroad

Business

Union Pacific Revives $85 Billion Norfolk Southern Bid, Aims to Forge First Transcontinental Railroad

Union Pacific is preparing a revised application for its proposed $85 billion merger with Norfolk Southern after regulators rejected the initial filing over competition and information concerns. The deal, which would create the first coast-to-coast freight railroad in the U.S., faces intense scrutiny over its potential impact on shipping costs, labor, and market competition.

Feb 2, 2026

Business

Norfolk Southern Unveils Major East Coast Rail Corridor, Aiming to Unclog Freight Bottlenecks

Norfolk Southern has inaugurated its new 'East Edge' double-stack corridor, a decades-in-the-making infrastructure project linking Chicago to New England. The move is set to bolster intermodal capacity in the Northeast and could sharpen the railroad's competitive edge and investor appeal.

Feb 2, 2026

Business

CN Rail Posts Strong Q4 Gains but Warns of Flat Freight Volumes Ahead Amid Trade Uncertainty

Canadian National Railway reported improved revenue and operating income for the fourth quarter of 2025, citing productivity gains and recovery from prior-year port disruptions. However, the company issued a cautious outlook for 2026, forecasting 'flattish' freight volumes as U.S.-Canada trade tensions and a major regulatory review loom.

Jan 30, 2026

Business

FreightWaves-Ryder Report: Capacity Tightens as 2026 Logistics Landscape Takes Shape

The latest collaborative industry analysis from FreightWaves and Ryder details shifting dynamics in trucking, maritime, and intermodal sectors, offering a data-driven forecast for the pivotal first quarter of 2026.

Feb 2, 2026

Business

ArcBest's Valuation Puzzle: Undervalued by DCF, Overvalued by P/E Amid Freight Market Crosscurrents

ArcBest (ARCB) presents a complex valuation picture, with a discounted cash flow model suggesting deep undervaluation while its P/E ratio signals potential overpricing. As the stock hovers around $90, investors weigh conflicting signals against a backdrop of shifting freight demand and industry consolidation.

Feb 2, 2026

Business

Freight Brokerage Collapse Deepens: Vantage Carrier Files $1.3M Lawsuit as Industry Grapples with Fallout

The unraveling of the R&R Family of Companies is sending shockwaves through the freight industry, with a new lawsuit from Vantage Carrier alleging over $1.3 million in unpaid invoices. The case adds to a growing pile of legal claims and exposes the precarious financial exposure of carriers and small operators caught in the wake.

Jan 31, 2026

Business

Covenant Logistics Sees Freight Market Turning, But Margin Pressures Linger

Covenant Logistics Group struck a cautiously optimistic note in its Q4 2025 earnings call, citing improving freight fundamentals and rising bid activity, even as margin compression across key segments weighed on profits. The company is navigating the shift through fleet optimization, a reduced capex plan, and the integration of a new brokerage unit.

Jan 30, 2026

Business

Ocean Network Express Posts $88 Million Q3 Loss Amid Freight Market Downturn

The global container shipping giant Ocean Network Express reported a net loss for its third fiscal quarter, citing soft demand and declining freight rates, particularly on key Asia-U.S. and Asia-Europe routes. The carrier anticipates a gradual recovery in the coming months.

Jan 30, 2026

Business

ArcBest Navigates Freight Downturn with Cost Discipline and AI Push, Posts Mixed Q4 Results

Despite a challenging freight market, ArcBest reports resilient fourth-quarter performance, highlighting strategic cost controls, a turnaround in its asset-light segment, and significant investments in AI and automation to drive future efficiency.

Jan 30, 2026

Business

ArcBest Navigates Freight Downturn with Tech and Discipline, Posts Solid Q4 Amid Market Headwinds

Despite a prolonged freight recession, ArcBest reports resilient fourth-quarter performance, driven by strategic cost controls, AI integration, and growth in managed logistics solutions, while outlining a cautious outlook for 2026.

Jan 30, 2026

Business

Maersk Air Cargo Shifts Strategy, Drops 767 Freighters and Amerijet Partnership for Long-Haul Efficiency

Maersk Air Cargo is ending its trans-Pacific Boeing 767 operations and partnership with Amerijet International, opting for larger Boeing 777 freighters. The move will result in pilot furloughs at Amerijet and signals a strategic pivot towards more efficient long-haul air cargo networks.

Jan 30, 2026

Business

Schneider National Navigates Tough Q4 as Freight Demand Falters, Eyes Supply-Driven Recovery

Schneider National's Q4 2025 earnings fell short of expectations, pressured by a sharp late-year drop in freight demand and severe weather. While acknowledging near-term challenges, executives pointed to early signs of market normalization and detailed strategic cost actions aimed at positioning the carrier for an eventual upcycle.

Jan 30, 2026

Business

ArcBest Navigates Prolonged Freight Downturn with Cost Cuts and Tech Investments

Despite posting a Q4 net loss, ArcBest is streamlining operations and investing in technology, positioning for a market rebound while the broader LTL sector continues its slow climb from a prolonged slump.

Jan 30, 2026

Business

A New Direction for the Fed: How Kevin Warsh's Nomination Signals Relief for Main Street and the Trucking Industry

After years of aggressive rate hikes blamed for stifling manufacturing and squeezing truckers, the nomination of Kevin Warsh to lead the Federal Reserve suggests a pivotal policy shift. This analysis examines the toll of recent monetary policy on the freight sector and what a Warsh-led Fed might mean for its recovery.

Feb 2, 2026

Business

GenLogs Secures $60M to Power Next-Gen Supply Chain Intelligence, Drawing on Intelligence Community Tactics

FreightTech innovator GenLogs has closed a $60 million Series B round led by Battery Ventures. The startup, founded by a former CIA officer, leverages a vast sensor network and AI to bring unprecedented visibility and security to the fragmented trucking industry.

Feb 2, 2026

Business

Beneath the Calm: The 2026 Logistics Landscape Demands New Strategies as Hidden Costs Rise

While carrier capacity and reliability show signs of recovery, a new FreightWaves white paper reveals a more complex and unforgiving cost environment emerging for 2026. Shippers must navigate a labyrinth of rules, fees, and contract nuances that are quietly driving up expenses.

Feb 2, 2026

Business

Cargojet's Five-Year Slump Tests Investor Patience Despite Recent Gains

A 16% quarterly bounce offers little solace for Cargojet Inc. shareholders, who have watched the stock plummet 57% over five years. While fundamentals show glimmers of strength, the air freight carrier's long-term trajectory remains a pressing concern for the market.

Feb 2, 2026

Business

Triumph Financial Beats Q4 Estimates, But Market Skepticism Persists Amid Trucking Headwinds

Despite reporting revenue and earnings that topped Wall Street forecasts, Triumph Financial's stock fell post-earnings. While management pointed to strength in its payments network and cost controls, analysts on the call focused on persistent challenges in the freight sector and the sustainability of margins.

Feb 2, 2026

Business

Landstar System's Valuation Check: A Pause in Momentum or a Buying Opportunity?

After a recent pullback, Landstar System's (LSTR) shares present a complex valuation picture. While short-term momentum has improved, the stock trades at a significant premium to industry P/E ratios, raising questions about its growth prospects amid a mixed freight demand environment.

Feb 2, 2026

Business

CN's Robinson Casts Doubt on UP-NS Merger Viability, Demands 'Significant' Concessions

Canadian National CEO Tracy Robinson has delivered a stark assessment of the proposed Union Pacific-Norfolk Southern merger, stating the railroads have "a long way to go" to satisfy regulatory concerns. In CN's earnings call, she criticized the application for failing to address competitive harms and warned of impacts on shippers, setting the stage for a contentious review process.

Jan 30, 2026