UP-NS Merger Data Submitted, DHL Earnings Soar, & Mountain Valley Express Shuts Down | The Morning Minute

In this episode, we kick things off by examining the latest developments in the proposed mega-merger between Union Pacific and Norfolk Southern. The two Class I railroads just submitted critical new data requested by the Surface Transportation Board addressing control questions over key interchange terminals and equipment cooperatives. Despite delays in formal review, the partners remain committed to closing their massive eighty-five billion dollar deal by mid-2027. Shifting gears to the parcel sector, we explore how DHL Group raised its full-year earnings forecast after posting remarkable second-quarter results that included a twenty-nine percent jump in pre-tax income. The Germany-based logistics giant attributed the strong performance to favorable demand conditions compared to the tariff-impacted prior year, efficiency savings, and staggering capacity constraints in air cargo driven by the Iran war. Finally, we cover the harsh realities of the freight recession as another LTL carrier confirms it has shut down operations effective July seventh. Mountain Valley Express, a small regional operator with thirteen terminals across California, Arizona, and Nevada, is the latest casualty in a brutal operating environment that has claimed numerous carriers despite aggressive growth plans announced just months earlier. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices