Class I railroad in the United States
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In this episode of FTR's Rail Market Update, host Joseph Towers covers: STB accepts revised UPNS merger application as “Complete”.Procedural merger timeline delayed until certain deficiencies are remedied by Union Pacific and Norfolk Southern.Update on weekly rail traffic The Rail Market Update is hosted by FTR's Senior Analyst, Rail, Joseph Towers. As this information is presented, you are welcome to follow along and look at the graphs and indicators yourself by downloading the PDF of the presentation.Download the PDF: https://www.ftrintel.com/rail-podcastSupport the show
The market briefly spikes on a new Axios report that the U.S. and Iran have reached a deal but still need President Trump's final approval. Then the CEO of chip designer and Nvidia partner Synopsis, on earnings and AI demand. Plus, the Surface Transportation Board pauses the review for the deal between Norfolk Southern and Union Pacific. Could the rail merger be in jeopardy? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The train-related traffic delays in Portland — especially in the city’s inner east side — have gotten worse and more frequent in recent years. As rail transportation consultant Bill Burgel told Willamette Week, that’s in large part because the average length of a freight train has doubled. Trains used to be 7,500 feet, and now they’re commonly 15,000 feet or more. As a former employee of Union Pacific with 50 years of experience in the rail industry, and as a member of the city’s Freight Committee, Burgel pays close attention to these delays. And he has some structural ideas to solve or alleviate the delays that regularly last an hour or more. We sit down with Burgel to understand all the factors behind these mind-blowing delays and more about possible solutions.
An investigation into fertilizer price spikes is underway according to FTC Chairman Andrew Ferguson. EPA Administrator Lee Zeldin tells Agri-Pulse researchers will "follow the science" in its review of the safety of glyphosate without bias. The STB has unanimously accepted a revised merger application between Union Pacific and Norfolk Southern.
Your Nebraska Update headlines for today, May 27, include: Nebraska education leaders continue statewide push to improve literacy skills, French researcher traveled to Nebraska to share World War II records with family of fallen Nebraska soldier, Lincoln's new minimum wage ordinance became law earlier this month, Nebraska's Pancreatic Cancer Center for Excellence director is suing University of Nebraska Board of Regents over alleged discrimination and retaliation, Union Pacific's Big Boy steam locomotive is making stops across Nebraska this week, retired state trooper is helping former Nebraska troopers stay connected, Cindy Burbank announced her endorsement of independent congressional candidate Austin Ahlman.
how is this even legal also sorry we recorded this the day right before the updated proposal was released. whoops! donate to help buy liam's coworker's grandson a mobility van: https://helphopelive.org/campaign/24216/ check out Public Rail Now: https://publicrailnow.org/ Our Patreon: https://www.patreon.com/wtyppod/ Send us stuff! our address: Well There's Your Podcasting Company PO Box 26929 Philadelphia, PA 19134 DO NOT SEND US LETTER BOMBS thanks in advance in the commercial: Local Forecast - Elevator Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/
In this episode, we kick things off in Washington, where the U.S. House of Representatives has just unveiled the BUILD America 250 Act, a sprawling federal surface transportation reauthorization package. This massive legislation allocates $240 billion in authorized and direct funding for trucking, rail, aviation, and ports, including a historic $102 billion investment in passenger and freight rail—the largest federal rail commitment since Amtrak's creation—along with $110 billion for roads and bridges, $17 billion for port upgrades, and $25 billion for airport modernization. Debate on the bill begins Thursday, just months before the current authorization expires in September. Shifting gears to the rails, we examine a brutal rate war erupting between two Class I giants as they battle for freight customers in front of federal regulators. Union Pacific has filed a 129-page complaint with the Surface Transportation Board alleging that BNSF Railway hiked reciprocal switching charges by as much as 472 percent at locations where UP recently won or grew business from BNSF customers. UP claims BNSF canceled longstanding unit grain train switching rates and forced customers to pay nearly triple the cost under merchandise train rates, while BNSF has rejected entire unit train shipments this month, allegedly to make UP service noncompetitive and drive shippers back to BNSF. Finally, we unpack the evolving threat landscape in supply chain security as traditional cargo theft tactics give way to far more sophisticated criminal operations. While overall theft incidents declined to 574 in the first quarter of 2026, deceptive pickup fraud schemes using fake identities and forged credentials jumped 31 percent year over year, with nearly half of those fraud incidents occurring in California. Electronics remained the most frequently targeted cargo at 17 percent of all incidents, while auto and parts thefts surged 142 percent from Q4 2025, prompting warnings from security experts that organized criminal networks are heavily investing in fraud infrastructure that traditional security measures like padlocks simply cannot stop. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Scoop, Margy Eckelkamp sits down with Hunter Carpenter from the Agricultural Retailers Association to break down the critical policy shifts currently moving through Washington, D.C. The conversation centers on the House-passed Farm Bill, highlighting key wins like the TSP Access Act and the new plant biostimulant definition. However, Hunter also addresses the "hiccups" in the House version, specifically the removal of language regarding uniform labeling and NPDES permit reforms—issues the ARA hopes to revive in the Senate. The episode further explores the House's recent passage of year-round E15 sales. Beyond legislation, Hunter discusses the ARA’s cautious stance on the proposed Union Pacific and Norfolk Southern rail merger, emphasizing that maintaining competition is vital for keeping freight rates manageable for retailers.See omnystudio.com/listener for privacy information.
Your Nebraska Update headlines for today, May 19, include: Nebraska's new social media age verification law is set to take effect July 1 but not without legal challenge, Union Pacific has filed federal complaint accusing BNSF Railway of sharply increasing train switching rates, Nebraska is launching new effort to improve awareness and response to cases involving missing Black women and children, some communities are trying to tap new sources for water as much of Nebraska grapples with drought.
In this episode, we kick things off in Washington, where the U.S. House of Representatives has just unveiled the BUILD America 250 Act, a sprawling federal surface transportation reauthorization package. This massive legislation allocates $240 billion in authorized and direct funding for trucking, rail, aviation, and ports, including a historic $102 billion investment in passenger and freight rail—the largest federal rail commitment since Amtrak's creation—along with $110 billion for roads and bridges, $17 billion for port upgrades, and $25 billion for airport modernization. Debate on the bill begins Thursday, just months before the current authorization expires in September. Shifting gears to the rails, we examine a brutal rate war erupting between two Class I giants as they battle for freight customers in front of federal regulators. Union Pacific has filed a 129-page complaint with the Surface Transportation Board alleging that BNSF Railway hiked reciprocal switching charges by as much as 472 percent at locations where UP recently won or grew business from BNSF customers. UP claims BNSF canceled longstanding unit grain train switching rates and forced customers to pay nearly triple the cost under merchandise train rates, while BNSF has rejected entire unit train shipments this month, allegedly to make UP service noncompetitive and drive shippers back to BNSF. Finally, we unpack the evolving threat landscape in supply chain security as traditional cargo theft tactics give way to far more sophisticated criminal operations. While overall theft incidents declined to 574 in the first quarter of 2026, deceptive pickup fraud schemes using fake identities and forged credentials jumped 31 percent year over year, with nearly half of those fraud incidents occurring in California. Electronics remained the most frequently targeted cargo at 17 percent of all incidents, while auto and parts thefts surged 142 percent from Q4 2025, prompting warnings from security experts that organized criminal networks are heavily investing in fraud infrastructure that traditional security measures like padlocks simply cannot stop. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Georgia's judicial watchdog says two left-leaning candidates running for state Supreme Court have violated the rules of conduct; After regulators rejected their first attempt, Atlanta-based rail company Norfolk Southern and Union Pacific have filed a second application to merge; Organizers from Georgia and beyond are calling for a new generation of voting rights activists to mobilize against the redrawing of state congressional lines which they say will dilute Black voting power.See omnystudio.com/listener for privacy information.
Tragedy near the U.S. Mexico border as authorities discover six people dead in a cargo rail car. AP correspondent Jennifer King reports.
Union Pacific and Norfolk Southern are again seeking approval from the Surface Transportation Board to merge, forming the nation's first coast to coast railroad company. President Trump is expect to host Brazilian President Luiz Incio Lula da Silva for talks about shared economic and security issues. Gasoline prices are up 31-cents a gallon over the last week, that's over 50% higher than a year ago.
In this episode, we kick things off by examining Union Pacific's massive eighty-five billion dollar acquisition of Norfolk Southern and the railroad's newly disclosed conditions for walking away from the deal. UP has made clear it will abandon the merger if the Surface Transportation Board orders widespread trackage rights or line sales as approval conditions, though it would accept a requirement to spin off one duplicative main line between Kansas City and St. Louis. If burdensome conditions trigger Union Pacific's exit, it will owe Norfolk Southern a staggering two point five billion dollar breakup fee. Meanwhile, out on the water, a critical geopolitical milestone unfolded in one of the world's most strategic maritime chokepoints. A Maersk ro-ro carrier became the first U.S.-flag vessel to safely exit the Strait of Hormuz under American naval protection after months in the Persian Gulf. The Alliance Fairfax, operated by Farrell Lines and part of the Maritime Security Program, completed the high-stakes transit at a fraught time as the U.S. and Iran exchanged threats amid a fragile ceasefire. Finally, we explore Amazon's aggressive expansion into third-party logistics as the e-commerce giant officially rebranded its freight and fulfillment services under the unified Amazon Supply Chain Services umbrella and opened them to all businesses. Backed by over eighty thousand trailers and one hundred freighter aircraft, the move transforms Amazon into a direct competitor to traditional carriers, with early clients including Procter & Gamble and American Eagle Outfitters. Wall Street reacted sharply, sending UPS stock down nine point five percent on fears of massive disruption to the freight transportation industry. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we kick things off by examining Union Pacific's massive eighty-five billion dollar acquisition of Norfolk Southern and the railroad's newly disclosed conditions for walking away from the deal. UP has made clear it will abandon the merger if the Surface Transportation Board orders widespread trackage rights or line sales as approval conditions, though it would accept a requirement to spin off one duplicative main line between Kansas City and St. Louis. If burdensome conditions trigger Union Pacific's exit, it will owe Norfolk Southern a staggering two point five billion dollar breakup fee. Meanwhile, out on the water, a critical geopolitical milestone unfolded in one of the world's most strategic maritime chokepoints. A Maersk ro-ro carrier became the first U.S.-flag vessel to safely exit the Strait of Hormuz under American naval protection after months in the Persian Gulf. The Alliance Fairfax, operated by Farrell Lines and part of the Maritime Security Program, completed the high-stakes transit at a fraught time as the U.S. and Iran exchanged threats amid a fragile ceasefire. Finally, we explore Amazon's aggressive expansion into third-party logistics as the e-commerce giant officially rebranded its freight and fulfillment services under the unified Amazon Supply Chain Services umbrella and opened them to all businesses. Backed by over eighty thousand trailers and one hundred freighter aircraft, the move transforms Amazon into a direct competitor to traditional carriers, with early clients including Procter & Gamble and American Eagle Outfitters. Wall Street reacted sharply, sending UPS stock down nine point five percent on fears of massive disruption to the freight transportation industry. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
What's going on in Global Trade this Week? Today Pete Mento and Doug Draper cover: 4:04 -Singapore & New Zealand on Critical Goods 7:28 -Robotics in the Supply Chain 14:10-Halftime 23:16-Spirit Airlines is Out of Business 26:12 -Union Pacific & Northern Southern Refile for Merger https://www.capwwide.com/international-insights/5/1/26/gttw-podcast-episode-241 https://youtu.be/RMwXRC6qCjY
In this episode, we kick things off with a historic technological breakthrough as Houston-based Bot Auto has officially completed the first fully humanless, over-the-road commercial truckload in American history. The autonomous tractor hauled commercial freight 231 miles across Texas without a safety driver, remote operator, or in-cab observer, achieving a remarkably low cost per mile of just $1.89 compared to the industry average of $2.26. Bot Auto operates as a trucking carrier using its Transportation as a Service model with a fleet of 12 tractors and owned and leased trailers. Next, we explore the less-than-truckload sector where XPO is absolutely crushing Wall Street expectations and aggressively winning profitable market share with first-quarter earnings that beat consensus by 13 cents. The Greenwich, Connecticut-based logistics giant reported consolidated revenue of $2.1 billion, up 7% year over year and significantly ahead of analyst forecasts. XPO's LTL unit posted an impressive 83.9% adjusted operating ratio, defying normal seasonal deterioration patterns and improving 200 basis points year over year. Finally, we cover the regulatory battle over the proposed transcontinental rail mega-merger as Union Pacific and Norfolk Southern submitted an amended merger application to the Surface Transportation Board after their initial filing was rejected as incomplete in January. The revised application now projects the combined railroad will shift 2.1 million truckloads annually from highway to rail, saving shippers an estimated $3.5 billion per year, and will require 1,200 net new union jobs by the third year of the merger. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we kick things off with a historic technological breakthrough as Houston-based Bot Auto has officially completed the first fully humanless, over-the-road commercial truckload in American history. The autonomous tractor hauled commercial freight 231 miles across Texas without a safety driver, remote operator, or in-cab observer, achieving a remarkably low cost per mile of just $1.89 compared to the industry average of $2.26. Bot Auto operates as a trucking carrier using its Transportation as a Service model with a fleet of 12 tractors and owned and leased trailers. Next, we explore the less-than-truckload sector where XPO is absolutely crushing Wall Street expectations and aggressively winning profitable market share with first-quarter earnings that beat consensus by 13 cents. The Greenwich, Connecticut-based logistics giant reported consolidated revenue of $2.1 billion, up 7% year over year and significantly ahead of analyst forecasts. XPO's LTL unit posted an impressive 83.9% adjusted operating ratio, defying normal seasonal deterioration patterns and improving 200 basis points year over year. Finally, we cover the regulatory battle over the proposed transcontinental rail mega-merger as Union Pacific and Norfolk Southern submitted an amended merger application to the Surface Transportation Board after their initial filing was rejected as incomplete in January. The revised application now projects the combined railroad will shift 2.1 million truckloads annually from highway to rail, saving shippers an estimated $3.5 billion per year, and will require 1,200 net new union jobs by the third year of the merger. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Drop us a line! Let us know your out there!All aboard the crazy train! Beyond the Humidor is back, and this time we're firing on all cylinders. Anthony returns from his top-secret scouting mission, just in time to dive headfirst into the delicious Dead Drift cigar from Wildfire Cigars. We'll break down the blend, the burn, and whether it earns a place in your humidor.But that's not all! We caught a glimpse of a true American icon, Union Pacific's Big Boy 4014 locomotive, and we're here to share the awe (and maybe some trainspotting jokes). Plus, we'll dissect the latest cigar news, because you know we can't resist a good industry rumble.Buckle up for the usual Beyond the Humidor chaos: sarcasm, questionable opinions, and enough cigar smoke to fill a small stadium. Whether you're a seasoned aficionado or just enjoy a good laugh, this episode is guaranteed to light your fire. Tune in and let the good times roll!Follow us on Facebook and Instagram!Facebook Page: https://www.facebook.com/LoomisCigarCartelInstagram: https://www.instagram.com/loomiscigarcartel/OREmail Us at info@loomiscigarcartel.com
En Capital Intereconomía, la jornada arranca con tono mixto en los mercados globales, en un contexto marcado por la incertidumbre geopolítica y la temporada de resultados. Asia cotiza sin una dirección clara tras las caídas en Wall Street, mientras los inversores siguen atentos a la evolución del conflicto en Oriente Medio. En Europa, se espera una apertura igualmente mixta. En el primer análisis de la mañana, Ignacio Vacchiano, country manager en Iberia de Leverage Shares, subraya que el mercado estadounidense está muy condicionado tanto por la guerra como por los resultados empresariales. El pulso entre EE.UU. e Irán mantiene la presión sobre el petróleo, mientras que la posible llegada de Kevin Warsh a la Reserva Federal centra la atención en el frente monetario. En el plano corporativo, destacan los resultados de compañías como Intel, American Express o Union Pacific, así como el anuncio de Meta de recortar cerca del 10% de su plantilla global, en línea con los ajustes del sector tecnológico. Tras el repaso a la prensa económica, la entrevista con María Canal, portavoz de la Comisión Europea en España, se centra en los avances recientes en Bruselas, con el desbloqueo de cuestiones pendientes desde hace tiempo y con la energía nuevamente en el centro del debate europeo.
Ignacio Vacchiano, country manager en Iberia de Leverage Shares, analiza el momento de las Bolsas y de los mercados, los resultados que conocimos ayer de Intel, American Express o Union Pacific y el recorte de empleo anunciado por Meta. “Los semiconductores están en el mejor periodo, son 17 días de subidas, algo no visto desde el 94”, afirma el invitado. También destaca que “el mercado está mirando fuera del conflicto y está positivo”. El experto también nos ha comentado el último dato de inflación de Japón, del cual destaca que “tienen mucho subsidio a nivel de energía y petróleo para que no suponga en su economía subidas de precio exageradas”. Está madrugada ha habido un protagonista claro: Intel. La tecnológica ha subido un 20% en after hours gracias sobre todo a sus ingresos, que superan los 13.000 millones de dólares, lo que supone un 7% más interanual y su beneficio por acción, de 29 centavos, 28 más de lo que preveía el mercado. Clave para entender esta subida ha sido también su negocio de CPU, una división que crece en este periodo un 22%. “Lo están haciendo muy bien y el CEO ha dado la vuelta a la compañía”, nos comenta el country manager en Iberia de Leverage Shares. Clave para él ha sido “el gobierno americano, ya que Elon Musk y Nvidia están apoyando a Intel con su nueva fábrica que van a hacer en Texas”. También ha sido noticia Meta, que ha anunciado un recorte de empleo del 10%, que afecta a 8.000 empleados de su plantilla global y Microsoft, que ha ofrecido al 7% de sus trabajadores planes de jubilación anticipada, un plan que afectaría a más de 8.000 trabajadores. “Yo creo que la lectura del mercado está siendo que están gastando tanto en el CapEx en IA”, nos comenta Ignacio Vacchiano.
Key Takeaways & Discussion Highlights The Railroad Roots: Joey's transition from a Union Pacific engineer to a "vigilante botanist." He discusses the influence of Carl Sagan's The Demon-Haunted World and using science as a "candle in the dark" in a consumerist society. Botany for the "Jaded Working Class": Why academic botany often fails to connect with the public and why Joey targets the "cynical, maladjusted stiff" who needs the living world the most. Horticultural Atrocities: A critique of "horticultural fluff"—boxwoods, crepe myrtles, and cloned cultivars that offer no ecological value. Joey explains why he'd rather see a lawn than a line of "garbage" cultivars. The Concrete Cage & Mental Health: How our disconnection from the land and our "unwalkable sprawling excerpts" contribute to a massive mental health crisis. The Field Record: Joey's process in the wild—using iNaturalist, herbarium vouchers, and photography to document the "living machine." Geology & Evolution: An exploration of edaphic endemics (plants that grow only on specific soils like serpentine or gypsum) and how stressful geology creates new species. Disturbance Ecology: Why "weeds" are actually pioneer species and how disturbance—when understood correctly—is the engine that enables diversity. Beyond "Is it Edible?": Why the question "Can I eat it?" is the most common and least interesting way to interact with a plant. Concrete Botany: A preview of Joey's new book and his fascination with "unintentional ecology" in neglected urban spaces like railroad tracks and abandoned warehouses. Resources Mentioned Book: Concrete Botany: The Ecology of Plants in the Age of Human Disturbance (Released April 2026) YouTube/Podcast: Crime Pays But Botany Doesn't App: iNaturalist (Joey's primary tool for citizen science) Literature: The Demon-Haunted World by Carl Sagan Project: Thornscrub Sanctuary (South Texas conservation) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode, we dive into the latest freight market shifts, starting with major shipper groups demanding transparency in the proposed mega-merger between Union Pacific and Norfolk Southern. We discuss why these organizations are petitioning the Surface Transportation Board to unseal critical documents to better understand the true impact on freight rail competition. Next, we explore the truckload sector where the industry's largest player, Knight-Swift Transportation, has dialed back its first-quarter financial expectations. Despite severe winter weather and depressed spot rates dragging down margins, executive leadership remains highly optimistic about the long-term fundamentals of the market. Finally, we look at how the gig economy is tackling the multi-billion dollar headache of reverse logistics with Uber Eats' brand new retail returns feature. This innovative service allows consumers to easily return unwanted packages directly from their doorsteps, marking Uber's aggressive expansion into a comprehensive everyday logistics platform. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
This week on Autonomy Signals, Grayson Brulte and Rob Grant discuss Ukraine's emerging role in the autonomy economy, the macroeconomic environment for Physical AI, train automation, and accelerating warehouse automation.Ukraine has achieved the largest real-world stress testing of autonomous systems in recorded history, deploying ground and aerial systems for over 22,000 missions in the first three months of the year. AUTNMY AI‘s proprietary OMEGA algorithm assesses that Ukraine's combat data-sharing initiative, which offers allied governments and tech startups access to real battlefield data, is the most underpriced event in the global autonomy economy.Then there is the macroeconomic environment for Physical AI, that is fundamentally more supportive and durable than the hype of the 2017/2018 Industry 4.0 cycle. Today it's all about economics and the return on investment. Unlike previously, companies can now deploy a $250,000 autonomous construction system to replace $180,000-a-year skilled labor cost and achieve an 18-month payback period that is practically immune to interest rate cycles.While that is the Physical AI macroeconomic environment, the rail environment for autonomy is still in flux, despite a recently struck deal between Union Pacific and the American Train Dispatchers Association (ATDA). The deal between Union Pacific and ATDA will see the railroad guarantee lifetime employment for 1,300 current active dispatchers in exchange for supporting a proposed merger with Norfolk Southern and not opposing automation.While the ATDA will not oppose automation as long as the merger closes, the 125,000-member SMART-TD union explicitly excluded automation concessions from their national agreement. With a new agreement coming in 2030, this is the one to watch.While we wait for negotiations in that deal to open in 2029, warehouse automation is currently leading to a 10% increase in rents for automation-ready facilities. Premium, power-dense industrial properties are emerging as a foundational layer in the global autonomy economy.Episode Chapters00:00 AUTNMY AI01:18 Signal 1: Ukraine's Emerging Role in the Autonomy Economy30:57 Signal 2: The Macro Environment for Physical AI55:25 Signal 3: Train Automation Gains Steam in the U.S. (Or So it Appears)1:18:41 Signal 4: Warehouse Automation Accelerates--------About The Road to AutonomyThe Road to Autonomy is the leading applied intelligence platform covering the convergence of automation, autonomy, and the Autonomy Economy.™.Through our podcasts, newsletter, and proprietary market intelligence, we set the narrative for institutional investors, industry executives, and policymakers navigating the convergence of automation, autonomy, and economic growth.Join institutional investors and industry leaders who read This Week in The Autonomy Economy every Sunday. Each edition delivers exclusive insight and commentary on the autonomy economy, helping you stay ahead of what's next.Subscribe today for free: https://www.roadtoautonomy.com/ae/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode, we dive into the latest freight market shifts, starting with major shipper groups demanding transparency in the proposed mega-merger between Union Pacific and Norfolk Southern. We discuss why these organizations are petitioning the Surface Transportation Board to unseal critical documents to better understand the true impact on freight rail competition. Next, we explore the truckload sector where the industry's largest player, Knight-Swift Transportation, has dialed back its first-quarter financial expectations. Despite severe winter weather and depressed spot rates dragging down margins, executive leadership remains highly optimistic about the long-term fundamentals of the market. Finally, we look at how the gig economy is tackling the multi-billion dollar headache of reverse logistics with Uber Eats' brand new retail returns feature. This innovative service allows consumers to easily return unwanted packages directly from their doorsteps, marking Uber's aggressive expansion into a comprehensive everyday logistics platform. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
The famous Big Boy steam engine is about to roll into Ogden for a multi-day stop over. The engine usually tours around the western U.S. nearly every summer. But in honor of the country's 250th birthday, Union Pacific is sending the engine from coast-to-coast. It chugged through Utah earlier this month on its way to California, but that was just a quick stop. This weekend, it'll be in Ogden for a few days to give train fans young and old the opportunity to get up close and personal with the massive historic steam engine. For more on this event, Maria Shilaos speaks with Ed Dickens, chief locomotive engineer on Big Boy. For more information on the famous steam engine and its trip across the country for the United States' 250th birthday, visit https://www.up.com/about-us/history/steam/schedule. Joining me to talk more about the event is Ed Dickens... the chief locomotive engineer on Big Boy.
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
In recent decades, the railroad industry has consolidated from more than 40 Class One Rail carriers to only six with disastrous results for the rail workers and the public. Despite a 1990's moratorium on mergers, Union Pacific and Norfolk Southern are applying for a new merger, the first one to be transcontinental. Workers, passengers, farmers, and other industries are joining forces to stop this merger. Clearing the FOG speaks with Ron Kamikow, a co-founder of Railroad Workers United, about the state of our rail system, the impact of the potential merger and the campaign against it. Kamikow says the UP-NS merger would definitely lead to further consolidation and would disrupt the supply chain at a time when it is already fragile. For more information, visit PopularResistance.org.
Save big on Vegas with Las Vegas Advisor — get 10% off a membership with code MTM (new members, affiliate): lasvegasadvisor.com In this episode, Shawn and Mark bounce from classic Vegas weirdness to some bigger warning signs for the city. They dig into Rio's executive shakeup, Brightline West looking shakier by the day, Bruno Mars somehow getting a Strip parade, and why Vegas feels less welcoming to normal visitors than it used to. What we cover: Rio's executive shakeup and what it says about Dreamscape's progress Yacht rock on the Strip, Las Vegas Fur Con, and a wild Union Pacific executive train visit Brightline West doubts as costs surge and work appears stalled Omnia Dayclub, Four Seasons residences, and T-Mobile Arena turning 10 Bruno Mars' Las Vegas parade and new reporting on Vegas losing middle-class visitors Episode Guide: 0:00 Excalibur robot vacuum escape 0:30 Rio shakeup and Patrick Miller questions 1:59 Yacht rock residency extended on the Strip 3:22 Las Vegas Fur Con takes over town 5:10 Union Pacific's executive train and Brightline doubts 8:39 Omnia Dayclub and Four Seasons residences update 11:29 T-Mobile Arena turns 10 13:57 Bruno Mars gets a parade 15:40 Vegas is losing normal visitors 16:55 The middle-class warning for Las Vegas Want more MTM Vegas? Get our exclusive weekly aftershow and join the community. Links: Las Vegas Advisor membership Nevada Independent on Vegas and the shrinking middle class Brightline West construction concerns Rio executive shakeup coverage Bruno Mars parade announcement
We kick off this episode by heading north, where DP World is expanding its Canadian supply chain presence with a brand-new freight forwarding office in Quebec. This strategic expansion arrives just as the Montreal Port Authority prepares to build a massive terminal that will more than double the region's container capacity. Next, we dive into the maritime defense sector as a South Korean-owned shipyard in Philadelphia secures its very first U.S. Navy contract since being acquired in 2024. Hanwha Defense USA will partner with a naval design firm to develop agile supply vessels that can refuel and rearm combat ships directly at sea. Finally, the battle over a massive railway merger is heating up as a Union Pacific executive fires back at Canadian National over disputed traffic data. UP accuses its rival of making inaccurate claims about the merger's projected impact, pointing out that both companies actually used the exact same expert for their respective traffic studies. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
We kick off this episode by heading north, where DP World is expanding its Canadian supply chain presence with a brand-new freight forwarding office in Quebec. This strategic expansion arrives just as the Montreal Port Authority prepares to build a massive terminal that will more than double the region's container capacity. Next, we dive into the maritime defense sector as a South Korean-owned shipyard in Philadelphia secures its very first U.S. Navy contract since being acquired in 2024. Hanwha Defense USA will partner with a naval design firm to develop agile supply vessels that can refuel and rearm combat ships directly at sea. Finally, the battle over a massive railway merger is heating up as a Union Pacific executive fires back at Canadian National over disputed traffic data. UP accuses its rival of making inaccurate claims about the merger's projected impact, pointing out that both companies actually used the exact same expert for their respective traffic studies. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Your Nebraska Update headlines for today, March 31, include: Union Pacific plans new locomotive to honor President Trump for America's 250th anniversary, local airports step up support for TSA workers during shutdown, University of Nebraska to lease Sidney Cabela's campus space, Huskers volleyball headed to Wrigley Field, new technology explores cattle stress and behavior.
The proposed merger between Union Pacific and Norfolk Southern Railroads is causing concern. Chad Smith tells us analysis from the American Farm Bureau Federation shows the merger could mean higher prices and fewer options for America's farmers.
The $85 billion merger between Union Pacific and Norfolk Southern railroads would create the first coast-to-coast railroad across 43 states. Danny Munch, economist for the American Farm Bureau Federation, said the big concern is the loss of competitive pressure across the rail system. NAFB News ServiceSee omnystudio.com/listener for privacy information.
Rail-freight demand is subdued but stable as economic uncertainty and shifting global trade patterns cloud near-term volume expectations. In this Talking Transports podcast, BNSF Chief Marketing Officer Tom Williams joins Bloomberg Intelligence’s Lee Klaskow to discuss the railroad’s demand outlook. Williams highlights the railroad’s improving service, noting that consistent transit times are key to converting more truckload freight to rail. He also outlines how investments in technology, infrastructure and network efficiency have reduced dwell times and improved velocity across the system. The conversation covers trade volatility, tariff impacts on import flows, the proposed Union Pacific–Norfolk Southern merger and why he’s still celebrating his beloved Indiana Hoosiers’ national championship in college football.See omnystudio.com/listener for privacy information.
The proposed merger of the Union Pacific and Norfolk Southern railways would leave farmers with fewer transportation options and vulnerable to shipping cost increases at a time when balance sheets are squeezed to the breaking point. NAFB News ServiceSee omnystudio.com/listener for privacy information.
In this episode, we dive into Union Pacific CEO Jim Vena's defense of the proposed $85 billion merger with Norfolk Southern, which he claims will vastly improve rail efficiency and convert two million truckloads to rail annually. Despite an initial rejection from the Surface Transportation Board, the rail companies are gearing up to file an updated application this April. Next, we cover the growing legal battle where a coalition of 24 states and major corporations are suing the Trump administration over sweeping 10% import tariffs. Importers like Nintendo and Costco are seeking billions in refunds, arguing that the administration unlawfully bypassed Congress to levy these emergency duties. Finally, we examine how the war in Iran has severely disrupted ocean freight, prompting the world's largest shipping line to terminate all Arabian Gulf voyages. With the Strait of Hormuz effectively closed, MSC is diverting shipments to safe ports and hitting shippers with a mandatory $800 surcharge per container to cover deviation costs. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we dive into Union Pacific CEO Jim Vena's defense of the proposed $85 billion merger with Norfolk Southern, which he claims will vastly improve rail efficiency and convert two million truckloads to rail annually. Despite an initial rejection from the Surface Transportation Board, the rail companies are gearing up to file an updated application this April. Next, we cover the growing legal battle where a coalition of 24 states and major corporations are suing the Trump administration over sweeping 10% import tariffs. Importers like Nintendo and Costco are seeking billions in refunds, arguing that the administration unlawfully bypassed Congress to levy these emergency duties. Finally, we examine how the war in Iran has severely disrupted ocean freight, prompting the world's largest shipping line to terminate all Arabian Gulf voyages. With the Strait of Hormuz effectively closed, MSC is diverting shipments to safe ports and hitting shippers with a mandatory $800 surcharge per container to cover deviation costs. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
Interview with Thomas Lamb, CEO, Myriad UraniumOur previous interview: https://www.cruxinvestor.com/posts/myriad-uranium-csem-86m-raise-funds-drilling-across-wyoming-uranium-endowment-8578Recording date: 3rd of March 2026Myriad Uranium Corp is advancing what could become America's largest uranium project, leveraging a substantial historical foundation combined with new geological discoveries that have expanded the resource potential at its flagship Copper Mountain project in central Wyoming.The project carries exceptional historical credentials. Union Pacific invested approximately $100 million in the late 1970s, drilling 2,000 boreholes and identifying seven uranium deposits before the Three Mile Island incident halted a planned 1983 mine start. More significantly, a 1982 Department of Energy assessment estimated the uranium endowment at 655 million pounds across the broader area, with 245 million pounds in the central zone. Myriad controls approximately 60% of the larger area's acreage and 80-85% of the central zone.Recent high-resolution radiometric and magnetic surveys have identified more than 100 new anomalies east of a major geological structure, potentially doubling the exploration footprint beyond the original western deposits. These eastern anomalies display geophysical signatures matching the known deposits, suggesting similar mineralization styles and grades.Perhaps most significantly, modern assay techniques are revealing 50-60% more uranium than historical gamma probe data indicated, with extended mineralized intervals at depths ranging from surface to 1,495 feet. The original mine plan only considered uranium to 600 feet depth.With $8.4 million Canadian in treasury and permits for 222 drill holes, Myriad plans to commence a 7,000-10,000 meter drill program within two months. The program will target both historical resource confirmation and new eastern anomalies, with an initial budget of approximately $4 million.Strategic positioning enhances the project's value proposition. Located five miles from rail and power infrastructure and 113 miles from the Sweetwater Mill processing facility, Copper Mountain benefits from exceptional logistics. More critically, recent US government mandates requiring technology companies to secure independent energy sources for AI data centers have created new uranium demand from buyers prioritizing supply security over current pricing. At a market capitalization of $60-70 million Canadian, Myriad trades at a significant discount to analyst-estimated in-ground valuations of $3 per pound.Learn more: https://www.cruxinvestor.com/companies/myriad-uraniumSign up for Crux Investor: https://cruxinvestor.com
Welcome to the American Railroading Podcast! In this episode our host Don Walsh is joined by guest Tony Hatch, President of ABH Consulting and Sr. Wall Street Transportation Analyst. Together they discuss the current status and potential pros and cons of the proposed Union Pacific and Norfolk Southern merger, what the recent Supreme Court ruling regarding tariffs under IEEPA means and doesn't mean, a potential 3rd ”Golden Age” of short line railroading, market trends and risks, a look ahead into 2026 and much more. Tune in to this episode to gain valuable insights and broaden your understanding of American Railroading! You can find this episode and more on the American Railroading Podcast's official website at www.AmericanRailroading.net , and watch our YouTube Channel at the link below. Welcome aboard!KEY POINTS: The American Railroading Podcast remains in the Top 10% of all podcasts globally, now downloaded in 66 countries around the world!Mr. Hatch is a graduate of Harvard University and has been a Sr. Transportation Analyst on Wall Street for over 20 years.Tony shares how he went from a degree in History at Harvard to becoming a Transportation Analyst.Mr. Hatch explains the revised STB rules / approval criteria / threshold that the proposed UP & NS merger and all future potential mergers must satisfy.Tony does a deep dive into the potential pros and cons of the proposed UP & NS merger.Don discusses the recent Supreme Court ruling regarding the President's ability to impose import tariffs under IEEPA (the International Emergency Economic Act), what the ruling means, and doesn't mean.Tony gives his opinion and the current status of tariffs and trade wars and their effect on the U.S. economy.Mr. Hatch gives us an update and a look ahead into 2026 not only for the U.S., but for Mexico and Canada as well.Tony gives his thoughts on why he feels a 3rd “Golden Age” of short line railroading may be on the horizon.If you like what we do, please leave us a 5-Star Review…and please Share the episode!LINKS MENTIONED: https://www.americanrailroading.nethttps://www.therevolutionrailgroup.com https://www.youtube.com/@americanrailroadingpodcast https://www.buymeacoffee.com/dwalshX https://www.enviroserve.com https://www.railtrends.com https://www.abhatchconsulting.com
Your Nebraska Update headlines for today, Feb. 26, include: Jacy Todd was convicted of 23 counts of official misconduct and one count of making a false statement under oath for illegally signing off on medical marijuana petition signatures, lawmakers introduce bill aimed at keeping Union Pacific based in Omaha as it seeks to acquire Norfolk Southern, Sen. Jane Raybould proposes requiring governor's office to negotiate in good faith with Nebraska tribes on tax compacts, bill seeks to change Nebraska Hall of Fame rules to allow consideration of former Husker coach Tom Osborne, Kearney voters will decide whether to create Good Life District to fund business and tourism development.
President Trump’s economic vision has centered on a simple but powerful idea, make life more affordable for American families by restoring competition, strengthening supply chains, and putting domestic production first. That vision depends on markets that are dynamic and competitive, not dominated by a handful of massive players with the power to dictate terms. That is why the proposed merger between two of the nation’s largest railroad companies, Union Pacific and Norfolk Southern, deserves serious scrutiny and ultimately should be denied.
A new report reveals that California and Texas accounted for more than half of all U.S. cargo theft incidents last year, with electronics remaining a top target for criminals. Thieves are increasingly utilizing deceptive pickup tactics to steal loads, a trend experts warn is expected to accelerate through 2026. The massive merger between Union Pacific and Norfolk Southern faces another delay as the railroads plan to refile their application with federal regulators later this spring. This postponement comes amidst growing political pressure and concerns from state attorneys general that the deal could stifle competition and raise prices. Shipping giant UPS is moving forward with its restructuring plans by identifying 22 package facilities for closure as it seeks to automate operations and cut costs. The company is also facing legal challenges from the Teamsters Union over its attempt to offer voluntary buyouts to thousands of drivers. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we cover the major consolidation in ocean shipping as Hapag-Lloyd agrees to acquire ZIM Integrated Shipping Services in a deal valued at $4.2 billion. This acquisition includes the creation of a new entity to manage security-critical vessels and is expected to be finalized by the end of the year. We also discuss the growing political opposition to the proposed merger between Union Pacific and Norfolk Southern. A coalition of attorneys general is calling on the Department of Justice to intervene in the deal, arguing that the creation of a rail behemoth will harm competition and drive up costs. Finally, we look at new federal legislation that aims to bring relief to truckers by capping state fuel taxes at 50 cents per gallon. States like California and Pennsylvania that do not comply could face significant cuts to their federal highway funding if the bill passes. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
A grown man says he's spending a full year in his bedroom, rideshare services like Uber—should you talk with the driver, a chess boxing player stops a criminal from robbing him — plus more news. Plus, joining us in the studio today, College Station Mayor John Nichols visits with WTAW's Scott DeLucia to discuss growth and development on the economic outlook, Union Pacific, upcoming council meetings, and more.
⭐Seven More Barbara Stanwyck Movies to Watch Now Vol. 2⭐ Seven Barbara Stanwyck Movies to Watch Now! Volume 1 - https://youtu.be/ALaV43NjBek
Anthony flies solo to unpack the biggest stories in markets and M&A this week. First, a deep dive into the €25B Amsterdam IPO of Czechoslovak Group (CSG), a Czech defense giant capitalizing on Europe's surging military spend. Discover how a 33-year-old CEO is leading one of the region's most consequential listings amid geopolitical shifts. Then, we break down Netflix's bold all-cash move in its battle for Warner Bros., and how earnings guidance is reshaping investor sentiment. Plus: key headlines from Soho House to GSK and mega-mergers in rail and insurance. All in under 25 minutes.(00:00) Flying solo this week & episode overview(01:18) Soho House $2.7B take-private deal(01:49) Boston Scientific $15B acquisition of Penumbra(02:10) GSK $2.2B purchase of RAPT Therapeutics(03:11) Union Pacific & Norfolk Southern $71.5B merger(03:52) Zurich Insurance £7.67B bid for Beazley(04:21) Deep Dive into CSG's €25B Amsterdam IPO(07:17) From scrapyard to global defense giant(09:42) Why CSG is listing now(11:06) Europe's defense boom(14:04) Another IPO: Franco-German tank maker KNDS(15:00) Netflix's revised all-cash bid: Strategy explained(17:00) Netflix Q4 earnings breakdown: Subs, ads, guidance
Host Alex Quarles opens the show with a look at a new Tennessee bill imposing strict penalties on carriers that employ undocumented drivers. The legislation mandates automatic notifications to federal immigration authorities and establishes a $1 million minimum in damages for accidents involving unlawful operators. Federal regulators have halted consolidation plans as the Surface Transportation Board rejected the Union Pacific and Norfolk Southern merger application for being incomplete. While rival railroads have praised the decision, the companies now have until February 17 to notify the board of their plans to submit the missing market share data. Defying the usual post-holiday slump, the trucking market is holding steady in January with tender rejection rates hitting nearly 10%, the highest level since 2022. Spot rates remain elevated at $2.62 per mile as capacity tightens in key hubs like Chicago, signaling a strong start to 2026 for the industry. Tune in this afternoon at 2 p.m. for a new episode of Loaded and Rolling with Thomas Wasson. Later today, catch the latest Freight Expectations featuring founder Craig Fuller and Armchair Attorney Matthew Leffler for more industry commentary. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Daily, we break down the record-breaking peak retail season of 2025, which saw tender rejections soar above 13% amidst severe winter storms. We also explore why truckload order lead times continue to rise, hitting a six-year high as shippers adjust their strategies to cope with escalating trade tensions. The discussion turns to a critical regulatory standoff as California faces threats of federal funding cuts and CDL program decertification over improperly issued non-domiciled licenses. This potential "nuclear option" from the FMCSA could ground hundreds of thousands of drivers, creating a massive liability risk for carriers and brokers alike. On the labor front, we analyze a major court ruling where Amazon lost its bid to halt NLRB proceedings, keeping the controversial "joint employer" designation in play for delivery service providers. Meanwhile, in the rail sector, Union Pacific and Norfolk Southern defend their merger application against competitors claiming the nearly 7,000-page filing is incomplete. Finally, we look south at the booming nearshoring trend where Chihuahua has emerged as Mexico's top exporting state driven by advanced manufacturing and electronics. We also discuss how Mexico's new tariffs on Asian imports are aligning with U.S. trade policy to reshape cross-border logistics in 2026. Follow the FreightWaves NOW Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of The Daily, we explore why Transport Capacity Services is betting on Monterrey to manage the surge in nearshoring activity and cross-border complexity. As manufacturing investment floods northern Mexico, stricter customs enforcement and driver regulations threaten to tighten freight capacity significantly by 2026. To support these long-term trade flows, Union Pacific is developing a massive industrial park near Houston, while developers repurpose facilities like a former Waco bottling plant for distribution. Meanwhile, market distress has forced Standard Forwarding Freight to cease operations after 91 years, signaling how the downturn is punishing leveraged operators. Consolidation continues to reshape the rail sector as GATX and Brookfield complete their acquisition of Wells Fargo's rail leasing portfolio in a multibillion-dollar joint venture. On the technology front, telematics provider Motive has filed for an IPO, underscoring how software is becoming core infrastructure for fleets facing thin margins. Severe weather is also impacting operations, with Winter Storm Ezra triggering FMCSA hours-of-service waivers across 20 states and prompting warnings for truckers east of I-35 to stay off the roads. Finally, we discuss unconfirmed reports that China may be converting a cargo ship into a missile launcher, a development that could fundamentally alter global supply chain security. Learn more about your ad choices. Visit megaphone.fm/adchoices
After nearly two decades of litigation, 17 years later, Teamsters locals will get payments into benefit trust marks the end of a dispute involving Oak Harbor Freight Lines. An administrative law judge has ordered the LTL carrier to pay over $23 million for unfair labor practices committed during a 2008 strike. As nearshoring activity accelerates, TCS is betting on Monterrey as cross-border trade gets more complicated and highlights new logistics investments south of the border. Additionally, Union Pacific is developing a massive 2,000-acre industrial park near Houston to better serve international gateways. Drivers are facing hazardous conditions as Truckers east of I-35 advised to stay home outlines the dangers of Winter Storm Ezra. High winds across the Midwest and Northeast pose a significant risk of trailer rollovers, prompting urgent warnings for fleets to halt operations in affected areas. Learn more about your ad choices. Visit megaphone.fm/adchoices