Universal Logistics Holdings booked a large noncash write-down on its intermodal business that turned the September quarter into a loss, underscoring how weak import-driven freight and high fixed costs are pressuring drayage networks. The impairment totaled about $81 million, primarily tied to goodwill and customer-relationship intangibles in the intermodal unit,…
United Parcel Service and FedEx have temporarily stopped flying their McDonnell Douglas MD‑11 freighters while safety checks proceed in the wake of last week’s deadly UPS crash in Louisville. The pause began after Boeing urged all MD‑11 operators to suspend operations and the Federal Aviation Administration issued an emergency directive…
The Federal Aviation Administration has halted flights of all McDonnell Douglas MD-11 cargo jets in the U.S. and ordered inspections before any return to service, an emergency step taken after last week’s fatal UPS crash in Louisville. The directive effectively grounds the aging trijets until operators complete required checks and…
Retail buyers are signaling that the containerized import slowdown won’t just linger into the new year — it’s set to deepen. The latest Global Port Tracker outlook shows year-over-year declines accelerating through the first quarter of 2026, a warning shot for domestic trucking networks that depend on steady seaborne inflows…
UPS and FedEx have temporarily halted flying their McDonnell Douglas MD‑11 freighters while they conduct safety reviews in the wake of last week’s fatal UPS crash in Louisville. UPS said the pause was effective immediately and part of a contingency plan to protect service, while FedEx said it is flexing…
Tariffs are no longer an abstract policy risk on the U.S.–Mexico lane; they’re a forcing function. Industry sources in Mexico’s borderlands say the new duty landscape is pushing manufacturers to rewire supply chains around North American content, dual‑sourcing and multi‑country assembly — shifts that will favor cross‑border trucking networks built…
What sparked the latest $1,390 rumor In early November, social posts and aggregator sites began circulating headlines claiming the IRS had “confirmed” a $1,390 direct deposit for Americans in November 2025. One widely shared blog post framed the claim as breaking news, then conceded there’s no official federal announcement backing…
National Overview — Monday, November 10, 2025 A strong push of polar air dominates the eastern two-thirds of the U.S. today, driving much colder temperatures, blustery west-to-northwest winds, and widespread lake-effect and upslope snow from the Great Lakes into interior New England and the central Appalachians. The West is milder…
Universal Logistics Holdings closed the third quarter with a steep loss after marking down the value of intermodal-related intangibles, underscoring how prolonged pressure in drayage and rail-proximate freight has reset expectations for that business. The company reported $396.8 million in revenue and a net loss of $74.8 million (−$2.84 per…
UPS and FedEx have temporarily stopped flying their McDonnell Douglas MD-11 freighters following the Nov. 4 crash of a UPS MD-11 departing Louisville, Kentucky, that killed 14 people and ignited fires just beyond the airport perimeter. Both carriers said the stand-down was taken “out of an abundance of caution” after…