Morning Minute | July 18, 2025

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. Learn more about your ad choices. Visit megaphone.fm/adchoices