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Eric Kulisch Thursday, January 26, 2023

American Airlines’ cargo revenue tops $1.2B despite market slide

American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.

Eric Kulisch Wednesday, January 25, 2023

Freightos makes public debut on Nasdaq as SPAC market tanks

FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.

Eric Kulisch Wednesday, January 25, 2023

Air Canada names in-flight chief Turner to lead cargo

Air Canada is sticking with a Canadian, Jon Turner, as cargo chief after two Americans in that position left in recent years.

Eric Kulisch Tuesday, January 24, 2023

Amazon Air lands in India

Amazon is still investing in its air cargo network despite cost cuts elsewhere in the company. Next up: India.

Eric Kulisch Tuesday, January 24, 2023

Hawaiian pilots land lucrative cargo contract ahead of new Amazon service

A new contract for pilots at Hawaiian Airlines is setting the bar for all-cargo carriers above traditional industry leaders even though the carrier has never flown freighters before.

Noi Mahoney Monday, January 23, 2023

Gulf Coast ports see record container volumes in 2022

Steel, crude oil and refrigerated shipments rose as ports in Texas, Louisiana and Alabama recorded increased freight volumes in 2022.

Rail

Joanna Marsh Monday, January 30, 2023

Feds say merger of 2 rail giants would cause ‘adverse’ noise pollution

A leading federal regulator says a merger between Canadian Pacific-Kansas City Southern would ratchet up rail noise.

Joanna Marsh Monday, January 30, 2023

GATX optimistic about 2023 despite macroeconomic uncertainties

Rail car manufacturer and lessor GATX sees a strong secondary market and continued demand for rail cars to help support the company this year.

Joanna Marsh Friday, January 27, 2023

STB response on UP service limited; agency won’t delay arbitration program

The Surface Transportation Board recently took action on Union Pacific’s use of embargoes in the Midwest and rejected the Class I railroads’ request to delay a program related to smaller rate disputes.

Joanna Marsh Friday, January 27, 2023

Norfolk Southern’s industrial development investments valued at $3.2B

Norfolk Southern and partnering companies were involved in 159 industrial development projects in 2022 worth $3.2 billion.

Joanna Marsh Thursday, January 26, 2023

CSX expects service gains will bolster railroad during economic downturn

Like the other Class I railroads, CSX is bracing for macroeconomic headwinds in 2023. But continuing service improvements will lend support to the company, executives said during CSX’s fourth-quarter earnings call.

Joanna Marsh Wednesday, January 25, 2023

Norfolk Southern bracing for economic headwinds

Inflation and other macroeconomic headwinds figure into Norfolk Southern’s projections for 2023. Volume growth is also a big unknown, executives said during NS’ fourth-quarter 2022 earnings call Wednesday.

Joanna Marsh Wednesday, January 25, 2023

CN will focus on improving velocity, finding customers where capacity available

CN will adjust its operating plan to run faster and potentially shorter trains and concentrate on courting customers where network capacity is available, executives said on the railway’s fourth-quarter 2022 earnings call.

Joanna Marsh Tuesday, January 24, 2023

UP vows to improve service, craft employees’ quality of life in 2023

On Union Pacific’s list of resolutions for 2023 are plans to improve rail service, enhance quality of life for craft employees and achieve productivity gains, according to executives on the railroad’s fourth-quarter 2022 earnings call Tuesday.

Joanna Marsh Saturday, January 21, 2023

Midwest lawmakers call on regulators to halt Union Pacific embargoes

Eight U.S. representatives from Iowa and Minnesota want the Surface Transportation Board to require Union Pacific to fix service issues and lift weather-related embargoes in the region.

Joanna Marsh Saturday, January 21, 2023

BNSF to spend nearly $4B on capital improvements, maintenance

BNSF has set a $3.86 billion capital expenditures budget for 2023.

FreightWaves News

John Kingston Tuesday, January 31, 2023

More centers, more opportunities for more money: Walmart offers more driver training 

A program launched by Walmart to recruit drivers internally has been vastly expanded.

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Volvo VNL on highway
The FeightWaves logo on its headquarters building in downtown chattanooga. (Photo: Josh Roden/FreightWaves)
A white final-mile truck at a warehouse
UPS mockup truck in front of robots
A red Saia tractor pulling a white Saia trailer on the highway
Ex-trucking company owner sentenced in check kiting scheme