The large-scale effort involving the carrier’s time-charter fleet is a tacit acknowledgement of the immense challenges of the energy transition facing the maritime industry.
Less-than-truckload carriers are holding onto pricing discipline despite low demand, but more opportunities for LTL savings exist, speakers told the Inland ‘25 conference.
But Union Pacific’s Jim Vena says the cooperation agreements that rival railroads are making to compete with a combined UP-NS don’t yield the same benefits as a merger.