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The Canadian government announced major reform for Canada Post including the end of most door-to-door delivery and reduced frequency, as part of a turnaround plan for the "insolvent" national carrier. This decision comes as the institution, suffering from an outdated business model and protracted labor disputes, is on track to lose US$1.1 billion this year alone, adding to US$3.6 billion in losses since 2018. Singapore’s Seatrium Ltd. has completed the sale of its Texas shipyard at the Port of Brownsville to Karpower Valley LLC for around $50 million. The 240-acre facility supports various offshore and marine engineering projects, and the buyer is an affiliate of Karpowership, the global operator of 50 floating power plants. The Port of San Diego has appointed Matthew Vesby as its new Chief Administrative Officer (CAO), tapping into his more than 20 years of public sector experience, including 14 years with the City of San Diego. Vesby will oversee multiple key areas, including Commissioner Services, Human Resources, and IT departments, and is dedicated to supporting staff success.  Stay current on all the biggest trends in transportation and register now for the F3: Future of Freight Festival, happening October 21-22. Learn more about your ad choices. Visit megaphone.fm/adchoices

A "relentless" surge has happened in U.S-Mexico trade, which reached a staggering $840 billion in 2024 and jumped another 21% year-to-date in 2025. Companies like Echo Global Logistics are capitalizing on this growth, accelerating investment by opening a new office in Monterrey, Mexico, a key hub in the "golden triangle" of manufacturing. Nearshoring significantly enhances supply chain efficiency, cutting transit times from finished product to a U.S. door down to just 24 to 72 hours, far superior to the 14 to 20 days typically needed for freight coming from Asia. Shifting focus to the Pacific ports, we analyze the sharp, "truly historic decline" in U.S. container imports, projected to fall 15.7% for the remainder of 2025, driven by China tariffs and shipment front-loading. This soft volume is "absolutely hammering" the domestic trucking sector, leading to significant cuts in Q3 and Q4 earnings estimates for major asset-based truckload carriers like Schneider and Werner. Small carriers are feeling a "brutal" cash flow crisis, illustrated by the Chapter 11 bankruptcy filing of H5 Transport, which relied heavily on factoring to make weekly payroll. Union Pacific's proposed merger with Norfolk Southern is still on, aimed at achieving $1 billion in annual cost savings. We discuss why industry veterans caution that the secured lifetime job protection guarantees for the SMART-TD union might become a "ticket to misery" for employees forced into undesirable work or relocations. Ultimately, navigating the freight industry's future requires adapting to three massive disruptive forces: effectively integrating AI and FreightTech, managing geopolitical shifts and trade policies, and adjusting to changing workforce dynamics due to automation. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. government has filed its arguments in the lawsuit concerning California’s claim that Congress was out of line when it yanked EPA waivers allowing policies like the Advanced Clean Trucks rule, a topic covered in Federal goverment fires back in court over California waiver cancellation. Susquehanna Financial Group has significantly cut earnings estimates for asset-based truckload carriers, reflecting soft spot rates, tender rejections, and a muted outlook for peak season. As reported in Truckload earnings estimates cut heading into Q3 reports, the cuts ahead of the third-quarter earnings season ranged from mid-single to low double-digit percentages for carriers including Schneider National and Werner Enterprises. The National Transportation Safety Board (NTSB) is recommending that trucks over 10,000 lbs. be equipped with driver monitoring systems, following a report on a 2023 fatal crash linked to trucker inattention. NTSB Chairwoman Jennifer Homendy asserted in NTSB to Feds: Require truck-driver monitoring that stronger vehicle safety standards and preventative technologies could have prevented this chain-reaction collision. Tune in later today to FreightWaves TV for an episode of The Long Haul with Adam Wingfield. Remember that you can still take advantage of a $500 deal for general admission to the F3: Future of Freight Festival, which is less than a month away. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about your ad choices. Visit megaphone.fm/adchoices

This week’s deep dive unpacks the relentless surge of nearshoring at the U.S.-Mexico border, where year-to-date trade has surpassed the $507 billion mark, cementing Mexico’s place as the number one U.S. trade partner. We examine how logistics firms like Uber Freight are heavily integrating customs, brokerage, and transportation services to digitalize the “black hole” at the border and navigate the growing complexity of USMCA rules and new tariffs. We shift from land to air to analyze how the U.S. policy ending the de minimis exemption for small parcels from China is hammering global carriers. This single change trimmed FedEx’s Q1 operating income by $150 million and created a projected $1 billion fiscal year headwind, forcing the company to cut its Trans-Pacific capacity by 25% and redeploy assets to the profitable Asia-to-Europe lane. Finally, we explore the domestic physical limits currently squeezing the supply chain, including the severe crisis on the Mississippi River where drought-driven low water levels are forcing capacity cuts and causing barge rates to jump nearly 50% . We also discuss the immediate pressure on the new Federal Highway Administration administrator, Sean McMaster, to prioritize the persistent lack of critically needed truck parking capacity across the country. Learn more about your ad choices. Visit megaphone.fm/adchoices

Uber Freight is betting big on cross-border trade, deepening its imprint in Mexico by integrating customs, brokerage, and transportation services to help shippers navigate the complex trade environment, especially as U.S.-Mexico trade has surged 21% this year. The company uses a digitized method to provide visibility at the border, which historically has been referred to as the "black hole" in logistics, and helps customers avoid extra duties or delays due to shifting regulations like USMCA rules of origin. President Trump has voiced his approval for the proposed $85 billion merger between Union Pacific and Norfolk Southern, calling Union Pacific a "great railroad". If approved by the Surface Transportation Board (STB), this deal would create the nation's largest railroad, boasting 52,000 miles of track across 43 states. Volvo Trucks North America has also launched Load Finder, a new, free load board designed to help carriers reduce empty miles and deadhead operations. Developed in partnership with Canadian-based freight tech company Class8, the platform aggregates available loads from over 40 sources and integrates into the existing Volvo Connect system for customers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Amazon has aggressively expanded its third-party logistics footprint. They opened their Multi-Channel Fulfillment service to merchants on rival platforms like Shein, Shopify, and Walmart, leveraging their scale to become the default logistics backbone for e-commerce. We analyze the major corporate reality shift in Less-Than-Truckload as FedEx Freight remains firmly on track to become an independent public company by June 2026, trading on the NYSE as FDXF. Despite a constrained LTL market due to a weak industrial economy, FedEx Freight announced a 5.9% general rate increase taking effect January 5th, driven by spin-off cost pressures and rising wages. The episode shares a stark economic warning of "profitless prosperity," which projects steady, slow expansion for US GDP and freight activity through 2029, yet requires operators to fight hard for margins. Persistent inflation is expected, fueled by factors like labor scarcity, fiscal deficits, and rising energy demand, making these rate increases likely to stick. Adding to the inflation headache, the weighted average U.S. tariff rate has climbed to 16.4%, the highest level seen since the 1930s, which is expected to generate 1.3% to 1.4% inflation. We also cover capacity dynamics, noting that while the Outbound Tender Rejection Index remains low (stuck just over 5%) signaling persistent excess capacity, capacity exits are expected to continue as smaller carriers struggle to afford replacing aging truck fleets. Finally, we address critical regulatory changes related to risk and driver welfare, starting with the Department of Transportation launching a major crackdown on cargo theft after a spike of more than 90% between 2021 and 2024. New legislation is also moving fast to ban predatory lease-purchase programs, which were concluded by an FMCSA task force to be "irredeemable tools of fraud and driver oppression" that shift the financial burden onto drivers. Learn more about your ad choices. Visit megaphone.fm/adchoices

FedEx Freight is becoming a standalone public company, with its parent planning to spend $600 million to enhance its IT systems and infrastructure ahead of the separation . Consolidated adjusted earnings for FedEx were strong for the fiscal first quarter, exceeding expectations even though FedEx Freight revenue saw a 3.1% year-over-year decline. Hear the latest on the ongoing labor negotiations as Canada Post prepares to present a new contract offer to unionized mail carriers in an effort to break the existing stalemate. However, the Canadian Union of Postal Workers declined to immediately drop their limited strike action—a ban on delivering marketing mail—and asked why negotiations need to be postponed for another week after two years without new collective agreements. The morning minute also features the opening of the Savage Tooele Railroad in the northwest corridor of Utah, marking the state’s first new short line railroad in over a century. This 11-mile route restores a former Union Pacific branch and serves the Lakeview Business Park, a project Governor Spencer Cox hailed as a major step forward for Utah’s economy . Tune into FreightWaves TV later today for WHAT THE TRUCK?!? with Malcolm Harris at noon. You can also register for next month's State of Freight which will be live and in-person at the Future Freight Festival (F3). Learn more about your ad choices. Visit megaphone.fm/adchoices

August saw an accelerated decline in freight shipments, particularly in less-than-truckload (LTL) volumes, marking the largest year-over-year drop since October 2023. Meanwhile, the Port of Los Angeles experienced record container traffic in July and August due to early holiday stocking, but anticipates a significant slowdown through the end of 2025 as economic caution grows and new ship fees are implemented. In a move to enhance infrastructure, Outpost has secured $1 billion in funding to double its truck terminal network, expanding its national footprint across key logistics hubs. Their proprietary gate automation platform, leveraging AI and computer vision, provides customers with comprehensive asset visibility and flexible service options. The U.S. Postal Service is also modernizing, investing in next-generation package sorting machines like the PILS and MEWS systems to significantly boost processing capacity and reduce operating costs. On the rails, Watco has signed an agreement with Intramotev to deploy its TugVolt autonomous battery-electric railcars, marking the first commercial deployment of such innovative freight rail technology by a railroad operator. Despite these advancements, the industry faces ongoing challenges, as evidenced by a federal appeals court upholding a ruling that requires the defunct Yellow Corp. to pay over $6.5 billion in pension withdrawal liabilities. This decision rejects Yellow Corp.'s argument that federal bailout funds absolved it of this significant debt. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn more about your ad choices. Visit megaphone.fm/adchoices