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Union Pacific is nearing an agreement for a stock-and-cash deal for Norfolk Southern that would value the smaller rival at about $320 a share, people familiar with the matter said.

DAT Freight & Analytics is acquiring Convoy Platform from Flexport for an undisclosed sum, a little under 18 months after the seller launched the freight-matching platform.

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.

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.

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.

Amid shifting trade patterns and unsettled tariffs, shippers are examining their networks and contemplating how and where they source core products.

Steves & Sons began pilot program testing Bot Auto’s retrofitted Freightliner tractors alongside its managed logistics provider, J.B. Hunt Transport Services, in June.

The Warren, Mich.-based asset-light transportation and logistics company posted net income of $8.32 million, or 32 cents per diluted share, for the three months ending June 30.

A muted environment for freight volume contributed to a decline in revenue and profit for Saia during the second quarter of 2025, the company reported July 25.

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.