Morning Minute | May 5, 2025
US rail car load volumes are currently outpacing last year's figures, despite looming concerns about incoming ocean containers. Weekly railcar volumes exceeded 502,000, representing a 5.5% year-over-year increase, while year-to-date American railroad traffic is up slightly, contrasting with only a 2% gain in Canadian traffic and a 10% drop in Mexican traffic. Forward Air is seeking shareholder approval to change its state of incorporation from Tennessee to Delaware. This strategic maneuver is described as an effort to "resteer the ship" following a challenging merger with Omni Logistics…
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