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EXCLUSIVE: ‘Humor is good,’ Union Pacific CEO says of video rate threat
The chief executive of Union Pacific says he wasn’t serious when he threatened to raise rates for shippers that didn’t support UP’s merger with Norfolk Southern . Vena, who frequently peppers his public comments with joking asides, characterized the comment made to a shippers group as “a little humor” in a message to …
Teamsters say they’ve organized Amazon employees in Indiana; company demurs
The Teamsters are claiming victory for a group of “W-2” drivers at an Amazon facility in Indiana who sought representation by the union. But as with the entire Amazon-Teamsters relationship, it’s complicated. In its prepared statement announcing the “march” on the company to demand it bargain for a contract, the Teams…
Mexico cargo thieves shift tactics as Q3 truck parking thefts surge
Cargo thieves in Mexico are increasingly targeting parked trucks, shifting operations toward the country’s industrial heartland and exploiting nighttime security vulnerabilities. “Now, in Mexico, you can’t move loads without a plan,” Luis Enrique Villatoro, president of the Mexico-based National Association of Vehicle…
Conrail tabs Wright as president and chief operating officer
Conrail has named John Wright its new president and chief operating officer, bringing aboard a freight rail veteran with decades of operating and executive experience. Wright most recently served as general manager of Indiana Harbor Belt Railroad, a 600-employee switching and belt-line railroad based in Hammond, Ind. …
US and Turkmenistan Explore New Gas Routes Across the Caspian
US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …
A Super El Niño Is About To Test Which Freight Enterprises Plan For Impact And Which Only React
For most enterprises the first sign of a winter storm is still a broad, countrywide warning, the kind that tells a leadership team something is coming but says nothing about which lanes will fail, which distribution centers sit in the path, or which customer commitments are about to slip, and in a season shaping up to…
STB orders Union Pacific to make alleged rate hike threat video public
The Surface Transportation Board has ordered Union Pacific to make public a recording of Chief Executive Jim Vena’s remarks to a shipper conference, rejecting the railroad’s appeal in a dispute over whether he threatened customers who oppose its proposed acquisition of Norfolk Southern (NYSE: NSC ). The board’s Nov. 4…
Behind The Capitol Christmas Tree Is A Kenworth, Four Drivers, And A 2,000 Mile Haul Only Trucking Can Pull Off
Every December a towering evergreen rises on the West Lawn of the U.S. Capitol and gets called the People’s Tree, but before a child from its home state flips the switch to light it, the tree has to survive something most of the public never stops to consider, a journey of more than 2,000 miles from a remote national …
Harbinger raises $240M to expand EV platform beyond trucks
Harbinger raised $240 million in Series D funding to push its electric vehicle platform into energy storage, power generation, autonomy, and defense while it ramps production for a 2,000-truck order from FedEx . Tiger Global, Capricorn’s Technology Impact Fund, and Ridgeline co-led the round, the Garden Grove, Califor…
Humble Robotics raises $51M for cabless hauler pilots
Humble Robotics raised a $51 million Series A on Thursday to move its cabless, electric Humble Hauler into customer pilots on port drayage and warehouse runs. Obvious Ventures led the round, with participation from existing investors Eclipse and Energy Impact Partners. The raise brings the San Francisco startup’s tota…
US Army enlists FedEx to modernize logistics at depots
FedEx Corp. has made clear that its future lies with premium B2B logistics services in key industrial verticals that require precision execution, such as automotive, healthcare, aerospace and data centers — not cheap last-mile delivery for online retailers. Add the defense sector to the list of industries the freight …
Adif president follows Puente out: what’s left of Spain’s freight agenda?
Adif president Luis Pedro Marco de la Peña has resigned, a day after Transport Minister Óscar Puente quit over the deadly Urda high-speed crash. With Spain’s rail leadership upended just weeks before the 29 November snap election, what does the shake-up mean for freight, from Adif’s new 2026–2030 funding deal to the R…
Buying Trucks in a Buyer’s Market: What Owner-Operators Are Weighing Right Now
The scramble is over. Carriers and owner-operators who spent the past few years chasing build slots, paying inflated prices for used units and taking whatever iron they could find are now facing a different problem: plenty of options and very little margin for a bad decision. Lead times have stabilized, used pricing h…
Maersk raises profit outlook as earnings surge, but shares slide on expectations miss
A.P. Moller-Maersk raised its full-year earnings forecast on Thursday after higher freight rates drove a sharp increase in third-quarter profit, but its shares fell as the results and upgraded outlook disappointed investors. The stock dropped as much as 11.6% in Copenhagen trading. The Danish shipping and logistics gr…
Uzbekistan Plans to Upgrade Olot Border Crossing with Turkmenistan
Uzbekistan is considering upgrading the Olot border crossing with Turkmenistan, including a new bridge and changes to freight transport procedures.
Americold raises full-year outlook as warehouse performance improves
Americold Realty Trust raised its full-year earnings outlook Thursday after reporting higher third-quarter revenue and improved warehouse margins, while a one-time gain from its joint venture with EQT drove a sharp swing to profit. The temperature-controlled logistics company (NYSE: COLD ) based in Atlanta reported ne…
One-day French national strike to disrupt rail freight
A one-day general strike in France today over the rising cost of living is expected to bring some disruption to rail freight, according to one major operator. The strike is expected to be particularly widespread across the French rail network and also highly-localised in certain areas such as the Greater Paris region,…
Cristiano Ronaldo to Retire from Portugal National Team After November Matches
Cristiano Ronaldo has announced that November’s matches will be his last for Portugal, ending a 23-year international career with 234 appearances and 146 goals.
Uzbekistan Seizes Jewellery Worth Over 1 Billion Soums at Tashkent Airport
Customs officers at Tashkent International Airport uncovered attempts to smuggle undeclared jewellery weighing around 691 grams and valued at over 1 billion soums.
Iran Reports More Tanker Fires in Strait of Hormuz
Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic. One of the oil tankers hit a naval min…
Port strike delayed again at Los Angeles, Long Beach ports
A potential strike by port watchmen at Los Angeles and Long Beach has been delayed again after the Pacific Maritime Association and International Longshore and Warehouse Union Local 26 agreed to extend their contract through midnight Pacific Time on Friday. Negotiations will continue Friday with assistance from federa…
Uzbekistan Seizes 613 Nicotine Pouches in Tashkent Region
Uzbek customs officers found 613 nicotine pouches concealed beneath confectionery products in a Damas vehicle. Their estimated value is 65 million soums.
Combined transport in Europe back in decline in Q3
Combined transport (CT) volumes in Europe fell by 1.23% in the third quarter of 2026 compared to the same period last year, according to UIRR. After a brief stabilisation in the spring, the sector is back in negative territory, and its members now expect a negative business climate for the next 12 months. UIRR said in…
Freight volume collapses by 36%: Ukrainian Railways set for more severe loss in 2026
National rail operator Ukrainian Railways (UZ) could end 2026 with a net loss of up to 18 billion hryvnia (about €355 million). Despite more optimistic forecasts in summer, a sharp fall in freight volumes has led to a deterioration in UZ’s business. In summer, UZ still expected a net loss of 10 to 12 billion hryvnia (…
EU Survey Reveals Massive Support for Renewable Energy Transition
A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…
Uzbekistan Airways and SQB Prepare for IPOs in 2027–2028
Uzbekistan plans to list shares in five companies, including Uzbekistan Airways and SQB, from the National Investment Fund’s portfolio in 2027–2028.
33,000 truckers sidelined over violations as highway blitzes hit Arkansas, Virginia
Federal trucking regulators are expanding Operation Highway Shield enforcement efforts across the United States, with new inspections in Virginia uncovering 100 safety violations. As of Nov. 4, the U.S. Department of Transportation reports that 33,000 commercial drivers have been placed out of service nationwide for f…