🎣 Winter Has Come

Happy Monday. Winter Storm Fern has left its mark on the U.S. Here is the latest on the aftermath of the storm.

Plus:

• Congress Advances Transportation Funding Bill
• Warehouse Demand Rebounds
• December Imports Slide

🍳 What's Cookin' In Freight

⚖ Congress Advances Transportation Funding Bill. Lawmakers advanced a bipartisan FY26 transportation funding bill that preserves most of the Infrastructure Investment and Jobs Act's transit spending and earmarks $200 million for truck parking. The House passed the bill 341–88; the Senate votes next week. The package also codifies English-language proficiency enforcement, requiring FMCSA to place noncompliant drivers out of service. OOIDA President Todd Spencer called it “common sense” for road safety. Public transit receives $21.1 billion, while Amtrak and intercity rail grants face sharp cuts.

📦 Prologis Revenue Rises as Warehouse Demand Rebounds. Prologis reported stronger-than-expected fourth-quarter results as demand for warehouse space recovered, with total revenue rising to $2.25 billion from $2.2 billion a year earlier and EPS of $1.49, beating estimates. Customers are securing longer-term leases “with greater conviction,” CEO Daniel Letter said. Prologis signed a record 228 million sq ft of warehouse leases in 2025 and finished Q4 with occupancy near 95%, signaling a rebound in logistics real-estate fundamentals heading into 2026.

📊 December Imports Slide, 2025 Barely Up. U.S.-bound container imports fell for a fourth straight month in December, down 5% year over year to 2.32 million TEU, according to S&P Global Market Intelligence. Full-year 2025 volumes edged up just 0.3% to 29.21 million TEU amid tariff volatility. Research Director Chris Rogers said December was “surprisingly calm,” but forecasts a sharp slowdown ahead, projecting imports down 8.2% in 2026 and Q1 volumes down 14.5% year over year.

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Winter Storm Fern Aftermath

Winter Storm Fern is now a nationwide problem.

Ice, snow, and sustained cold have constrained capacity across key lanes, disrupted hubs, and forced carriers and regulators into contingency mode.

Northeast gets last brunt of winter storm that brought ice, snow, cold to much of the US

The Northeastern U.S. is getting the last brunt of a massive winter storm that dumped snow, sleet and ice across much of the southern and eastern U.S. over the weekend.

AP NewsKATE BRUMBACK