The FreightWaves SONAR National Truckload Index (NTI) is a seven-day moving average of freight spot rates that measures the U.S. for-hire, over-the-road dry van trucking market. Historical and daily NTI data is available only through FreightWaves SONAR.

An arbitrator has been appointed to oversee contract negotiations between Canadian Pacific Kansas City and the Teamsters Canada Rail Conference.

CN and the Teamsters Canada Rail Conference have scheduled mediation for early 2025 as the sides move closer to a new collective bargaining agreement.

U.S. weekly rail traffic showed a modest gain for the week ending Oct. 19, 2024.

Union Pacific Corp. in the third quarter saw double-digit gains for income and earnings on modest carload volume improvement and lower fuel prices.

Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.

CPKC saw single-digit gains in freight volumes in the third quarter, but the operating ratio climbed as a brief lockout of union employees hit network operations.

CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.

Canadian National Railway posted third-quarter revenue slightly better than a year ago as operations appeared fully recovered from destructive wildfires and a labor dispute that briefly shut down the railroad.

Norfolk Southern has reached a tentative five-year agreement with the International Brotherhood of Electrical Workers, the railroad announced Tuesday. The agreement, subject to ratification, means the railroad has tentative deals with approximately 67% of its union workforce.

Norfolk Southern delivered significant gains in earnings and operating ratio during 2024’s third quarter, with new CEO Mark George noting the railroad is “continuing to close the margin gap” with its peers.