Contents
Delivering Global Trade and Logistics Intelligence. Since 1827. September 1, 2025 • Vol 26 • Issue 9
COLUMNS
4 For whom the tariffs toll By Mark Szakonyi
14 Merger machinations By Ted Prince
52 Losing to truck By Larry Gross
54 Under cost pressure By Peter Tirschwell
EVERY ISSUE
6 Spotlight 50 By the Numbers 53 Classifieds
ADVERTORIALS 38 California Gateway
10
Cover Story A new golden spike
The UP-NS merger plan has ignited a debate over its potential impact on intermodal
DEPARTMENTS
16 International Maritime Controlled acceleration
Tariff realities are prompting growth in“ origin-controlled” cargo on the trans-Pacific
‘ A quiet revival’
Regional container carriers are leading a gradual return to the Red Sea
Chronic congestion
Underinvestment is exposing European ports to systemic bottlenecks
36 Government‘ Unfeasible’ costs
Looming US tariffs are casting doubt on the economic viability of ship-to-shore cranes
SPECIAL REPORTS
20 Guide to Inland Distribution and Warehousing
Tariffs shifting space
US retailers are cutting back on warehousing as supply chain hurdles fuel 3PL growth
Putting a toe in
Truckload carriers are cautiously adding capacity amid a tepid freight market
Crossdock for the future
LTL carriers are expanding their US networks despite low freight demand
32 Cold Chain Market Report More boxes, no relief
Reefer fleet growth has yet to show in availability of equipment
Double play
Hub Group is boosting its reefer intermodal business via acquisition
Cold trains
An Americold-CPKC venture aims to expand the railroad’ s US – Mexico reefer service www. joc. com September 1, 2025 | Journal of Commerce 3