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East Coast Ports Continue to Gain Business Amid Concerns Over West Coast Labor Talks

Ongoing concern about labor and management talks regarding two separate contract negotiations and a slowing U.S. economy resulted in a big drop in container volume at two of the nation’s biggest ports on the Pacific Coast.

November 22, 2022

Norfolk Southern to Buy Cincinnati Rail Line for $1.62 Billion

Norfolk Southern Corp. agreed to acquire Cincinnati Southern Railway, tightening the company’s grip on a critical 337-mile line it already operates under a lease agreement.

November 21, 2022

Analyst: Carriers Feeling Effects of Higher Operating Costs

DALLAS — Higher operating costs, more volatile market cycles and a shift from West Coast ports are characteristics of the post-pandemic freight market, according to an industry analyst.

November 21, 2022

Engineers Ratify, but Conductors Split on Rail Labor Contract

Railroad engineers accepted their deal with the railroads that will deliver 24% raises but conductors rejected the contract, casting more doubt on whether the industry will be able to resolve the labor dispute before December’s deadline.

November 21, 2022

Karmak Acquires Truckmore to Bolster Digital Truck Dealer Services

Business management services provider Karmak Inc. on Nov. 16 announced the acquisition of truck dealer technology company Truckmore.

November 21, 2022

Judge Orders Amazon to Stop Retaliations Against Organizers

A federal judge has ordered Amazon to stop retaliating against employees engaged in workplace activism, issuing a mixed ruling that also hands a loss to the federal labor agency that sued the company earlier this year.

November 21, 2022

Carriers Feeling Cheery About On-Time Holiday Deliveries

The nation’s major shipping companies are in the best shape to get holiday shoppers’ packages delivered on time since the start of the pandemic, suggesting a return to normalcy.

November 21, 2022

December Strike Possible as Rail Union Rejects Labor Deal

The possibility of a nationwide freight rail strike beginning as early as Dec. 9 moved one step closer when the union SMART-TD, one of the largest in contract talks with the six Class I freight carriers, turned down a tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials.

November 21, 2022

Some Owner-Operators Return to Fleets as Spot Market Softens

A surge in spot market rates that led some truck drivers to leave fleet jobs and go into business for themselves has cooled off, bringing with it a downturn in the number of drivers striking out on their own, industry data shows.

November 21, 2022