Union Pacific and Norfolk Southern’s growth-oriented merger argument remains sound, but the bid-ask spread on competitive concessions remains unknown until the rails respond. Downstream, we view today’s filing as constructive for domestic
CSX, Norfolk Southern (NS), Union Pacific (UP) and The Greenbrier Companies rank on USA Today’s America’s Climate Leaders 2024 list. Also, NS collaborates with its railroaders to enhance their “home away from home”; and UP honors Mechanical employees for working 20 years injury-free.
Canadian Pacific Kansas City (CPKC) on April 25 reported a new multi-year agreement with Knight-Swift Transportation Holdings Inc. to provide truckload intermodal transportation service on the Class I’s new single-line north-south corridor connecting
A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.
