🎣 Driverless Freight Race
Plus: U.S. imports slow as tariffs bite, Mexico slaps 50% tariffs on Chinese goods, UP–NS defend their $85B merger amidst rival alliances, and more.
Union Pacific’s $85 billion Norfolk Southern merger and Hub Group’s $51.8 million Marten Intermodal deal signal major shifts in U.S. freight, raising questions on competition, costs, and capacity.
Walmart’s intermodal fleet, consisting of 14,100 53-foot containers, will now be managed by J.B. Hunt.
October sees robust intermodal container rebound with 745,500 units, signaling market recovery and fluidity.
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