Latest News Updates From Josh Funk

BusinessLogistics

Union Pacific Reports 7% Higher Profit Ahead of Merger

Union Pacific wants to buy Norfolk Southern in an $85 billion deal that would create the first transcontinental railroad.  That deal faces a lengthy review by the Surface Transportation Board.

October 23, 2025
BusinessLogistics

CSX Profit Falls 22%, but Investors Look Forward

CEO Steve Angel, without promising a merger, said he would consider any opportunities that make sense for shareholders. He vowed to focus on making CSX the best-performing railroad.

October 17, 2025
GovernmentBusinessSafetyLogistics

DOT to Withhold $40M From California Over English Enforcement

Transportation Secretary Sean Duffy said California is the only state that is failing to enforce English-language requirements for truckers.

October 16, 2025
GovernmentBusiness

Fired STB Member Sues Trump Ahead of Rail Merger Review

Robert Primus, who had served on the board since 2001, said his firing threatens the independence of the five-member Surface Transportation Board.

October 2, 2025
GovernmentBusinessSafety

DOT Tightens Rules for Noncitizen Truck Drivers

Transportation Secretary Sean Duffy said fatal crashes caused by truck drivers who shouldn’t have had licenses were found in Florida, Texas and Alabama.

September 26, 2025
GovernmentBusinessLogistics

Biggest Rail Union Endorses Union Pacific Acquisition

Others are still skeptical of Union Pacific’s proposed $85 billion acquisition of Norfolk Southern.

September 23, 2025
GovernmentBusinessSafety

Trump Fires Rail Regulator as STB Weighs Merger

The board is currently weighing a merger between Norfolk Southern and Union Pacific that would create a massive single railroad company controlling shipments across the continental U.S.

August 28, 2025
GovernmentBusinessSafetyLogistics

Trump Threatens 3 States Over English Enforcement for Drivers

Transportation Secretary Sean Duffy said the states will lose money from the Motor Carrier Safety Assistance Program if they don’t comply with the rules within 30 days.

August 26, 2025
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Federal Proposal Would Ease Out-of-Sight Drone Restrictions

The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.

August 5, 2025
GovernmentBusinessLogistics

Norfolk Southern Profit Increases in Q1

Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.

April 23, 2025