Chinese Cargo Carrier Air Central Wins US Approval for July Flights
Air Central received one-year DOT authority to fly 747 freighters from Zhengzhou to Chicago and Los Angeles three times weekly starting July 2026.
Carrier Business
Carrier bankruptcies, mergers, acquisitions, layoffs, earnings, expansion, and insurance market shifts.
Norfolk Southern Q1 Earnings Drop 2% as February Weather Cuts Rail Volume
Winter storms knocked intermodal traffic down 4% in February; coal up 9% but fuel costs and CSX-BNSF alliance bite into margin.
Descartes Buys Fleet Safety Platform Idelic for $28M Cash
The deal adds 40 billion miles of driver data and AI-powered accident prediction to Descartes' logistics network — the 36th acquisition since 2016.
Union Pacific Posts Record Q1 Revenue Despite 1% Volume Drop
Operating income up 4% to $2.45 billion as the Class I railroad improves velocity and cuts terminal dwell to 19.7 hours — but premium traffic falls 9%.
Norfolk Southern Profit Falls 27% in Q1 as Insurance Bump Ends
The Class I railroad posted a sharp earnings drop after insurance payments from the East Palestine derailment dried up — a reminder that one-time windfalls…
Unbundled Maintenance vs. Full-Service Lease: The Cost Gap Widens
For fleets running 10 or more trucks, the choice between managing maintenance in-house and paying a bundled monthly rate now carries a bigger margin penalty…