Month: July 2026

Union Pacific delivered a better second quarter in 2026, reporting higher profit and earnings per share Thursday as the railroad continued to benefit from stronger underlying performance. The Omaha-based company (NYSE: UNP) said net income increased 6% year over year to $2.0 billion, while diluted EPS improved 7% to $3.36. On an adjusted basis, the… Continue reading First look: Union Pacific earnings

Last week’s post-holiday tightness didn’t just fade — it reversed. Across nearly every district, USDA flipped truck availability a full notch looser: California’s coastal and desert districts moved Slight Shortage → Adequate, Georgia/Florida’s tomato-watermelon complex went Shortage → Adequate/Slight Shortage, and South Texas jumped Slight Shortage → Surplus. With capacity easing everywhere at once, rates… Continue reading Reefer Report: Capacity floods back, spot rates follow but still tower over last summer

The complex lengthy letter from CEO and founder Aaron Graft to the shareholders of Triumph Financial this quarter touted the benefits from a stronger freight market, but not too much. Graft’s letter, which tries to both explain and defend the performance and strategy at a company that operates a bank but is ultimately like no… Continue reading Stronger market helped Triumph in 2Q, Graft stresses other factors

Alaska Airlines will effectively double its freighter fleet capacity next year with the addition of four leased Boeing 737-800 converted freighters, enabling it to operate dedicated cargo jets in Hawaii for the first time, the company announced Tuesday evening. Separately, the company reported cargo revenue of $163 million for the second quarter, up 17% year… Continue reading Alaska Air to acquire 4 cargo jets, base some in Hawaii

Every conversation about artificial intelligence tends to focus on chips and software, but for carriers and brokers, the real story is what it takes to build the data centers powering it all. As a rough planning figure and using back-of-envelope estimate built on a materials-intensity, each gigawatt of new data center capacity translates to roughly… Continue reading Flatbed Report: The AI boom is a freight story, and it’s just getting started