BNSF Chief Disputes UP-NS Merger Safeguards, Warns of Rate Increases
BNSF rejects UP-NS merger filing, maintains combination would raise rates and reduce competition despite revised proposal.
Fed Holds Rates Steady as Inflation Remains Elevated
The Federal Reserve and Bank of England both held rates steady, disappointing traders positioned for increases and signaling continued monetary policy uncertainty.
GM Bolsters Domestic Production as Shippers Brace for Cost Pressures
GM accelerates domestic production investments while freight capacity tightens and carriers push rates higher.
Old Dominion Posts Strong Q2 Results, Boosts Truck Fleet Spending
Old Dominion Freight Line achieved a 70.1% operating ratio in Q2 while committing an additional $60 million to fleet expansion.
CLdN Leaps to 13th Place in North Europe Rankings After Samskip Acquisition
CLdN's acquisition of Samskip services propels it four positions higher in North Europe container shipping rankings.
Air Cargo Forum 2026 to Draw 4,000 Professionals to Miami in October
The International Air Cargo Association will convene the Air Cargo Forum in Miami in October 2026, expecting to draw 4,000 professionals and 150 exhibitors from across the global supply chain.
Conrail President and Chief Operating Officer Gorton to Step Down in November After Six-Year Tenure
Conrail CEO Brian Gorton will retire in November 2026 after leading the jointly-owned railroad since 2021.
U.S. GDP Growth Slows to 1.5% as Consumer Spending Remains Resilient
Second-quarter GDP growth slowed to 1.5% as consumer spending powered the economy while inflation outpaced wage gains.
Saia Shares Drop on Margin Guidance Pullback Despite Strong Q2
Saia disappoints investors by cutting full-year margin guidance despite posting stronger-than-expected Q2 results.
Werner Achieves Strong Q2 Results on Restructuring Gains
Werner's Q2 revenue per truck reached $6,114 as restructuring efforts drive operational improvements across the carrier's fleet.
Rhine River Barge Traffic Grinds Near Standstill as Water Levels Plummet
Rhine River water levels have fallen to perilous lows, halting most barge traffic and leaving shippers facing significant supply chain disruption.
Air Cargo Demand Surges 8% in June as Tech Shipments Drive Growth
Air cargo demand jumped 8% in June, driven by technology shipments and urgent freight, as capacity growth lagged globally.
BOE Holds Steady as Market Reassesses Rate Outlook
The Bank of England held rates at 3.75% while signaling no near-term increases, causing short-dated gilts to rally sharply.
Nvidia, Kawasaki Partner on AI-Powered Shipyard Transformation
Nvidia and Kawasaki Heavy Industries launch AI-powered digital shipyard in Japan to automate construction and address workforce shortages.
C.H. Robinson Faces $600M Nuclear Verdict as Earnings Call Dominated by Legal Fallout
C.H. Robinson confronts $600 million nuclear verdict as CEO defends carrier selection practices during earnings call.
UPS Expands Automation to Handle Over Two-Thirds of U.S. Volume
UPS has automated handling for two-thirds of U.S. package volume to reduce costs and gain operational flexibility.
US Economic Growth Lags Expectations as Trucking Rates Accelerate
Weak U.S. GDP growth contrasts with Mexico's strong rebound, pushing domestic trucking rates toward new highs.
Terminal Secures $20M Series A to Standardize Fragmented Fleet Telematics Market
Terminal raises $20 million to unify fragmented fleet telematics data across 300+ providers for insurers and fleet operators.
XPO Posts Strong Q2 Earnings Beat on LTL Gains, Operating Ratio Improvement
XPO beat Q2 earnings expectations on strong LTL performance, with the segment posting a 300 basis-point improvement in operating ratio.
Freight Hero Lands $5M to Expand Broker Back-Office Outsourcing
Freight Hero raises $5M to manage freight broker back-office operations on outsourced service model rather than software sales.
Fed's Rate Hold Sparks Treasury Selloff as Investors Demand Inflation Action
The Federal Reserve's rate hold triggered a Treasury selloff as investors demanded stronger inflation-fighting measures from new Chairman Kevin Warsh.
Central Banks Hold Steady as Rate-Hike Expectations Shift
Central banks hold rates steady while freight markets face inflationary pressures and capacity tightness.
Tariff Implementation Advances as Trump Administration Pursues Trade Agenda
Trump administration tariff policy advances into second term while importers face mounting costs and port labor disruptions complicate supply chains.
Central Banks Hold Rates Steady Amid Geopolitical Uncertainty and Mixed Inflation Signals
The Bank of England and Federal Reserve both held rates steady Wednesday while remaining divided over inflation threats and geopolitical risks.
Housing Wealth Gap Reaches Historic Peak, Locking Out Generation from Ownership
Record home prices have created the widest renter-owner wealth gap on record, locking younger generations out of property ownership and threatening long-term wealth disparities.
Saudi Economy Posts Steepest Decline Since Pandemic as Regional Tensions Weigh on Oil Sector
Saudi Arabia's economy contracted at the fastest pace since 2020 as regional conflict disrupts oil exports and key shipping lanes face new blockade threats.
Daily Freight Intelligence
Daily freight analysis at 10am CST. Free.
Drone attack on Egyptian port LNG tanker reflects spreading Middle East conflict threatening multiple shipping routes.
FW Desk News · 3h ago
Saia's cautious full-year outlook overshadows solid second-quarter performance, sending shares lower.
FW Desk News · 2h ago
Air Canada Cargo achieves IATA CEIV Lithium Batteries certification for safe handling and transport of battery shipments.
FW Desk News · 5h ago
The Federal Reserve and Bank of England both held rates steady, disappointing traders positioned for increases and signaling continued monetary policy uncertainty.
FW Desk News · 56m ago