FreightCasts
FreightCasts
FreightWaves
Morning Minute | July 18, 2025
2 minutes Posted Jul 18, 2025 at 2:25 pm.
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⁠Union Pacific is reportedly in early-stage talks to acquire Norfolk Southern⁠, its smaller Eastern rival. This potential tie-up would combine the largest publicly held US railroad with NS, bringing together over 60,000 employees and 60,000 miles of track.
⁠David Steiner has officially taken the helm of the US Postal Service as the new Postmaster General⁠, becoming the highest paid chief executive in the agency's history with a salary over $346,000 plus a 50% bonus. 
The Canadian government will begin a confidential vote on Monday for ⁠53,000 Canada Post employees to ratify the state-owned company's final contract offer⁠, despite opposition from union leadership. This vote aims to conclude 19 months of negotiations, which included a 32-day strike and recent mail carrier refusal to work overtime, leading to daily operational losses of $7.3 million per day in June.
Tune in today for FreightWaves TV's ⁠What the Truck?!?⁠ live at noon, with replays available on SiriusXM channel 146 from 5 to 7 PM. Don't forget to register for the free ⁠Enterprise Fleet Summit⁠ next Wednesday at 9 AM and get your tickets for the ⁠Supply Chain and AI Symposium⁠ in Washington D.C. in about two weeks.
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