🎣 $RXO Falls 23%
Plus: ICE raids hit Illinois logistics, Texas layoffs climb past 900, and air cargo braces for turbulence and more in today’s newsletter.
Plus: USDOT audits CDL oversight, truckers rally behind Trump’s emissions rollback, Amazon faces union pressure, and more in today’s newsletter.
Good Wednesday morning. The $85B Union Pacific–Norfolk Southern merger just turned into a tug-of-war. Labor unions are celebrating lifetime job guarantees, while shippers warn of higher rates and fewer options. Details in today's feature.
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