Union Pacific, Norfolk Southern Chiefs Discuss Merger Plans During East Coast Tour
Union Pacific and Norfolk Southern CEOs discuss their transformational merger proposal amid regulatory review.
Fed Holds Treasury Purchase Program Steady at $10 Billion
The Federal Reserve holds Treasury purchases steady at $10 billion while a new task force reviews its massive balance sheet.
Illinois Carrier Faces Widened Contractor Misclassification Battle
Federal court certifies class action status for contractor misclassification lawsuit against Illinois carrier Risinger Brothers Transfer.
Waabi Driver Technology Enables Swift Transition Between Truck Models
Waabi's autonomous driving platform can operate across different truck types without additional validation or testing, potentially reducing deployment friction for fleet operators.
Rhine Drought Pushes Freight to Congested Roads as Barge Levels Fall
Severe Rhine water shortages force freight off barges onto congested European highways.
SolitAir Expands China Network With Dubai-Tianjin Freighter Service
SolitAir opens freighter service from Dubai to Tianjin, expanding its China operations.
Fed Rate Hike Odds Surge as Oil Prices Spike on Iran Blockade
Rate hike odds for July Fed meeting rise to 46.5% on CME after oil prices jump following U.S. Iran blockade announcement.
USPS Raises Forever Stamp Price to 82 Cents Amid Financial Crisis
USPS raises Forever stamp price to 82 cents as it seeks to address $31 billion debt and projected liquidity crisis.
EPA Proposes Easing Heavy-Duty Truck Compliance Rules
EPA proposes relaxed heavy-duty truck rules while keeping emissions standards intact, potentially saving carriers $12 billion.
Air Cargo Rates Hold Firm Despite Middle East Uncertainty and Cooling Demand
Air freight rates hold stubbornly high despite capacity recovery and cooling growth rates, as AI shipments replace ecommerce as the primary demand driver.
EU E-Commerce Duty Triggers Sharp Pullback in Hong Kong-Europe Air Cargo
New EU customs duties on low-value e-commerce parcels triggered a 12% weekly decline in Hong Kong-Europe air cargo volumes.
Fed Governor Waller Signals Cautious Stance on Rate Hikes Amid Persistent Inflation
Federal Reserve Governor Waller advocates measured approach to interest rates, citing multiple inflation sources but warning against reactive policymaking.
Asia-US Container Rates Spike 276% Amid Middle East Tensions, Show Signs of Stabilizing
Asia-US container rates have surged 276% since February due to Middle East disruptions, with recent capacity additions providing modest rate stabilization ahead of peak season.
project44 Embeds AI Agents Into Platform to Simplify Logistics Automation
project44 embeds multiple AI agents into its platform with contextual freight data to simplify automation adoption for shippers and logistics providers.
Knight-Swift Expands AAA Cooper LTL Network With Four New Terminals
AAA Cooper opens four LTL terminals in May across Phoenix, Olympia, Detroit, and Toledo to expand capacity and enter new markets.
Gordie Howe Bridge Opens July 27 After U.S.-Canada Toll Agreement
The Gordie Howe International Bridge opens July 27 after resolving toll governance disputes, providing critical capacity relief at the Detroit-Windsor border crossing.
General Mills Overhauls Supply Chain in $3B Restructuring Push
General Mills launches $3B supply chain overhaul while Amazon expands third-party trucking services and automation investments.
Gordie Howe Bridge Opens July 27 After Toll Deal Ends Months of Dispute
The $4.7 billion Gordie Howe International Bridge opens July 27 after U.S.-Canada toll governance agreement resolves dispute.
Georgia Ports Authority Names Price as New President
Georgia Ports Authority appoints Kevin Price as president, positioning him to lead the major Savannah container port when CEO Griff Lynch retires next year.
Switzerland, UK Finalize Trade Pact to Strengthen Non-EU Economic Ties
Switzerland and the UK have finalized a free-trade agreement focused on services, strengthening ties between the two largest non-EU Western European economies.
Amazon Expands Texas Logistics Hub with Robotics
Amazon is opening an automated sorting warehouse in Texas while expanding its LTL shipping service to third-party businesses.
Central Banks Across Africa, Asia Tighten Grip as Inflation Remains Stubborn
African and Asian central banks signal slower rate-cut cycles as inflation remains elevated despite some regional variations.
Major Banks Report Strong Q2 Results as Trading and Investment Banking Surge
Major U.S. banks report strong Q2 results driven by surging investment banking fees and trading revenue amid geopolitical volatility and robust corporate spending.
Kalshi Rolls Out Pro Trading Terminal for High-Volume Market Participants
Kalshi debuts Pro terminal for high-frequency traders managing multiple markets and perpetual futures positions.
FedEx Establishes Dedicated Life Sciences Division to Address Healthcare Supply Chain Complexity
FedEx launches dedicated life sciences unit to serve evolving pharmaceutical logistics demands.
Iran attack on boxship escalates Hormuz tensions as container volumes climb
Iranian attack on AD Ports boxship in Hormuz renews regional tensions despite growing container demand.
Daily Freight Intelligence
Daily freight analysis at 10am CST. Free.
Iranian attacks close Hormuz again, forcing container lines to reroute shipments and driving Middle East freight rates above pandemic highs.
FW Desk News · 9h ago
FW Desk News · 10h ago
Waabi Driver technology demonstrates ability to function across multiple truck platforms without additional testing requirements.
FW Desk News · 7h ago
Cathay Cargo relocates Mumbai operations and introduces Astana as an alternative hub for European freighters amid Middle East disruptions.
FW Desk News · 8h ago
FW Desk News · 10h ago
The Federal Reserve holds Treasury purchases steady at $10 billion while a new task force reviews its massive balance sheet.
FW Desk News · 2h ago