Shipping & logistics
Parcel carriers, freight forwarders, truckers, railroads and ocean shippers, read through their filings, US freight volumes and spending, and maritime and port rules.
- Companies covered
- 12
- Latest quarter filed
- Sep 30, 2026
- SEC filings, last 30 days
- 14
- Comment periods open
- 1
- SEC EDGAR read
- 22:46 UTC, Oct 23
The numbers
US government series, latest print and the change on a year earlier · Federal Reserve Bank of St. Louis (FRED)Rail freight carloads
992,923
carloads a month
+0.6% on a year earlier
Jul 2026 · FRED RAILFRTCARLOADSD11
Ninety days of filings
Every SEC filing by the companies below, one row each · move across to read a dayFri, Oct 23, 2026
1 filing
Jul 26 to Oct 23 · 39 filings, 8 in the last seven days · SEC EDGAR. Tall: quarterly and annual reports. Middle: current reports (8-K). Short: other forms. Red: an 8-K item that says something went wrong.
What changed
Filings by the companies below, last 30 days · SEC EDGAR- Oct 23J.B. Hunt · 10-QQuarterly report
- Oct 22Norfolk Southern · 10-QQuarterly report
- Oct 22Norfolk Southern · 8-KQuarterly results; Investor disclosure
- Oct 22Old Dominion · 8-KOther material event
- Oct 22Union Pacific · 10-QQuarterly report
- Oct 22Union Pacific · 8-KQuarterly results
- Oct 21CSX · 10-QQuarterly report
- Oct 21CSX · 8-KQuarterly results
- Oct 16Union Pacific · 8-KDirector or officer change; Investor disclosure
- Oct 15J.B. Hunt · 8-KQuarterly results
- Oct 13CSX · 8-KDirector or officer change; Investor disclosure
- Oct 8Kirby · 8-KDirector or officer change
- Oct 5C.H. Robinson · 8-KSigned a material agreement; Investor disclosure
- Sep 29FedEx · 8-KShareholder vote results; Other material event
Rules and notices
Federal Register, last 45 days- Oct 15Proposed Rule · Federal Maritime CommissionInvestigation Into Conditions Affecting Shipping in the Foreign Trade and Denial of Entry of Vessels Into Spanish Ports and Proposed Remedies To Meet or Adjust the Unfavorable Conditions
- Oct 2Notice · Surface Transportation BoardUnion Pacific Railroad Company-Discontinuance of Service Exemption-in San Bernardino County, Cal.
- Oct 2Notice · Surface Transportation BoardMacquarie Infrastructure Partners V GP, LLC, et al.-Control Exemption-Kankakee, Beaverville and Southern Railroad Company
- Sep 24Notice · Commerce DepartmentCertain Freight Rail Couplers and Parts Thereof From India: Final Affirmative Countervailing Duty Determination
- Sep 24Notice · Commerce DepartmentCertain Freight Rail Couplers and Parts Thereof From India: Final Affirmative Determination of Sales at Less Than Fair Value
- Sep 24Notice · Commerce DepartmentCertain Freight Rail Couplers and Parts Thereof From the Czech Republic: Final Affirmative Determination of Sales at Less Than Fair Value
Matched by title against the industry’s terms; paperwork renewals and meeting notices left out · read 22:03 UTC, Oct 23
Who is exposed
Trailing twelve months to each company’s latest quarter, from its own XBRL filings · SEC EDGAR| Company | Quarter to | Revenue | Growth | Gross margin | Op. margin | Capex / revenue | Capex growth | Inventory days | Backlog |
|---|---|---|---|---|---|---|---|---|---|
| UPS UPSParcel delivery | Jun 30, 2026 | $89.9B | -0.4% | — | 7.3% | 3.8% | -13.5% | — | — |
| FedEx FDXParcel delivery | May 31, 2026 | $94.7B | +7.7% | — | 5.8% | 4.0% | -6.1% | — | — |
| Union Pacific UNPRailroad | Sep 30, 2026 | $26.4B | +7.4% | — | 40.1% | 14.5% | +3.2% | — | — |
| CSX CSXRailroad | Sep 30, 2026 | $14.9B | +5.8% | — | 36.4% | 16.0% | -22.0% | — | — |
| Norfolk Southern NSCRailroad | Sep 30, 2026 | $13.0B | +6.0% | — | 31.5% | 16.5% | -0.7% | — | $0 |
| Old Dominion ODFLTrucking | Jun 30, 2026 | $5.6B | -0.6% | — | 25.8% | 5.0% | -59.5% | — | — |
| J.B. Hunt JBHTTrucking and intermodal | Sep 30, 2026 | $13.3B | +10.6% | — | 7.2% | 4.0% | -35.7% | — | — |
| XPO XPOTrucking | Jun 30, 2026 | $8.6B | +7.0% | — | 8.8% | 5.8% | -27.3% | — | — |
| Expeditors EXPDFreight forwarding | Jun 30, 2026 | $12.0B | +6.8% | — | 9.8% | 0.4% | -5.2% | — | — |
| C.H. Robinson CHRWFreight brokerage | Jun 30, 2026 | $17.0B | -0.1% | — | 4.9% | 0.1% | -8.1% | — | — |
| Matson MATXOcean shipping | Jun 30, 2026 | $3.5B | -0.2% | — | 15.2% | — | — | — | — |
| Kirby KEXInland barges | Jun 30, 2026 | $3.5B | +6.6% | — | 14.0% | 6.7% | -27.6% | — | — |
| Median of 12 with a current year | +6.3% | — | 11.9% | 5.0% |
Growth compares the latest twelve months with the twelve before. A quarter a company reports only inside a year-to-date total is the difference of the two totals it filed; a ratio is shown only when both sides cover the same four quarters. Backlog is remaining performance obligations, with its change on a year earlier. A dash means the company does not report that line.
What to watch
Comment deadlines and effective dates ahead · Federal RegisterWhere US supply comes from
US imports by country · UN ComtradeThis industry sells services and freight rather than a traded good, so there is no import record to read.
ARCANE reporting
Published investigations that land on this page
Beneath the Surface
China stopped shipping two rare earth metals to Japan but kept exporting magnets worldwide
Japan's magnet makers rely on those metals to make magnets that withstand heat, and an Australian miner has agreed to reserve a share of what it produces for Japan.
Geopolitics · Oct 1, 2026
Archive · through Oct 1, 2026