The combination of AAA Cooper Transportation, Midwest Motor Express and Dependable Highway Express covers the US LTL market coast-to-coast, except for the Northeast.
The New Jersey-based carrier believes its vessels should be treated as container ships given that 80% of their cargo is containerized, but a USTR designation that would classify the ships as vehicle carriers means the company faces hefty US port fees.
Union Pacific’s application seeking federal approval to acquire Norfolk Southern will be 4,000 pages long and provide the first detailed look at how the railroads believe customers would benefit from the $85 billion deal.