Proposed $85 billion pact would create the first freight transcontinental railroad
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A roundup of this week’s most read articles
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This is Stuart Chirls, staff writer covering railroads for FreightWaves and Trains.com. This week’s Bulletin Orders: Union Pacific-Norfolk Southern agreement could herald epochal change in rail … RRs say it could reduce car dwell by 24 hours … significant concessions expected … STB will weigh service requests vs. cash grabs … union jobs to be under scrutiny … carriers see improved options for underserved shippers … automation sure to loom large … reciprocal switching, open terminals likely on the table …
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Union Pacific and Norfolk Southern announced an historic merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion, operating 52,000 miles of track in 43 states.
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Railroads will file formal application early next year.
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Car dwell could be shortened by as much as 48 hours
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Shippers wary of higher rates, service issues as Class I carriers consolidate
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Amtrak would lose government-backed preference in legislation
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The Shipper Rate Report — presented in partnership with BlueGrace Logistics and Trimble — is a quarterly publication using SONAR datasets to create the most in-depth rate and demand outlook for shippers. The insights within this paper are curated by the market experts at FreightWaves and backed by the proprietary data and analytics housed in SONAR’s platform.
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Q1 2025 Carrier Rate Report
FreightWaves’ Carrier Rate Report — presented in partnership with Trimble and Deloitte — provides a review of the previous quarter and a forecast for the coming months. Featuring responses from a carrier survey alongside SONAR data, the report is designed to provide intelligence that carriers can use to inform their strategies in the months ahead.
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