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Kentucky Awards $5.7M to Boost Multimodal Riverport Freight

Kentucky Gov. Andy Beshear announced $5.7 million in state grants awarded to 15 public riverport projects to increase multimodal freight handling.

July 29, 2025

UPS Withholds Outlook on Market Upheaval After Mixed Quarter

UPS has struggled to get a handle on volatility in the market, underscoring the challenges for the courier’s effort to reconfigure its network and revitalize its business.

July 29, 2025

Court Declines US Tariff Relief on Low-Cost Goods, for Now

The three-judge panel said it wouldn’t act in a case brought Detroit Axle while a set of separate legal challenges to Trump’s tariff actions are pending before a federal appeals court.

July 28, 2025

McLaren to Open First US Processing Center at Baltimore Port

The 50,000-square-foot processing center will be built at Tradepoint Atlantic in the port, and will be equipped to customize, inspect and prepare McLaren vehicles for distribution.

July 28, 2025

CK Hutchison Seeks Chinese Investor on Panama Ports Deal

A Hong Kong conglomerate that had agreed to sell its two ports at the Panama Canal said it may seek a Chinese investor to join a consortium of buyers, which could bring more U.S. scrutiny to the deal.

July 28, 2025

Union Pacific-Norfolk Southern Merger Could Start Rail Trend

Analysts have speculated that a Union Pacific-Norfolk Southern tie-up could leave the next-biggest companies in the industry — BNSF and CSX — to at least consider their own combinations.

July 25, 2025

India 'Confident' It's Nearing Trade Agreement With the US

Indian Commerce Minister Piyush Goyal called U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer “very dear friends.â€

July 24, 2025

Truck Tonnage Slips for Second Consecutive Month in June

The ATA For-Hire Truck Tonnage Index slipped 0.4% sequentially to 113.3 from 113.8 in May. The index also decreased 0.1% from the same time last year.

July 24, 2025

Union Pacific and Norfolk Southern Confirm Merger Talks

A merger would create a single U.S railroad with service stretching from the East to the West Coast.

July 24, 2025

Union Pacific Reports Q2 Profit of $1.8B Amid Merger Talks

Union Pacific and Norfolk Southern are in merger talks that would create a railroad in North America that essentially connects the East and West Coasts.

July 24, 2025