UNION PACIFIC Q3 EARNINGS: - INTERMODAL REVENUE: $1.52B (EST $1.54B) - EPS: $3.49 (EST $3.47) - OPERATING RATIO: 59.1% (EST 59%) - OPERATING REVENUE: $7.20B (EST $7.14B) - FREIGHT REVENUE: $6.81B (EST $6.79B) - AFFIRMS 2026 EPS HIGH-SINGLE-DIGIT GROWTH GUIDANCE - UPDATES 2026 CAPITAL PLAN TO $3.5B - HIGHER FUEL PRICE UNFAVOURABLY IMPACTED QTRLY OPERATING RATIO 140 BASIS POINTS - 2026 OUTLOOK ON TRACK WITH INVESTOR DAY TARGETS

$UNP | Union Pacific Q3 Earnings: - Intermodal Revenue: $1.52B (est $1.54B) - EPS: $3.49 (est $3.47) - Operating Ratio: 59.1% (est 59%) - Operating Revenue: $7.20B (est $7.14B) - Freight Revenue: $6.81B (est $6.79B) - 2026 Outlook On Track With Investor Day Targets

As the world’s largest intermodal container leasing company, Triton International owns about one out of every seven shipping containers. CEO Brian Sondey shares how the company’s partnership with Brookfield allows them to leverage our deal expertise to scale their business.

Newly formed container shipping company, @OceanNetworkExp and @RailFreight, a subsidiary of #GeneseeandWyomingInc# (G&W), confirm contract for guaranteed rail wagon capacity on main intermodal routes in the United Kingdom

J.B. HUNT $JBHT Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $3.68B (Est. $3.56B) 🟢; +20% YoY 🔹 EPS: $1.82 (Est. $1.81) 🟢; +3% YoY 🔹 Operating Income: $247.09M; +2% YoY FY26 Guide: 🔹 Annual Tax Rate: ~24.0% Segment Revenue: 🔹 Intermodal: $1.83B; +20% YoY 🔹 Dedicated: $960M; +11% YoY 🔹 ICS: $434M; +57% YoY 🔹 FMS: $200M; -3% YoY 🔹 Truckload: $261M; +37% YoY Other Q3 Metrics: 🔹 Intermodal Loads: 585,582; +8% YoY 🔹 Intermodal Rev/Load: $3,121; +11% YoY 🔹 DCS Rev/Truck/Week: $5,732; +10% YoY 🔹 ICS Gross Margin: 14.3% Key Updates: 🔹 Revenue excl. fuel surcharge: +13% YoY 🔹 Share Repurchases: ~704,000 shares for ~$174M 🔹 Debt Outstanding: ~$1.12B Comments: 🔸 “I want to thank our people for their unwavering commitment to serving our customers, operating safely and executing with excellence every day.”

TESLA: IMC Logistics, the largest U.S. marine drayage company, said it will deploy 50 Tesla Semis in California. The order mixes standard-range units for California drayage and long-range units for runs from Southern California inland. IMC already runs battery-electric, hydrogen fuel-cell, and renewable-diesel trucks in the state. Pacific Region President Jim Gillis said the Semis add long-haul zero-emission service as part of that mix. It just showed a Semi at the 2026 Intermodal EXPO in Long Beach.

Speaking at the IAA Transportation show in Hannover, Germany, Dan Priestley, head of Tesla Semi engineering, took the stage to officially detail the European Semi—breaking down its real-world engineering specs, massive charging infrastructure rollout, and long-term manufacturing roadmap 🔥 If you don't have time to sit through the full video, here's the definitive breakdown of what you actually need to know: 🚀 Tesla will initially import the Semi to Europe next year from its ramping Reno factory—gearing up for 50,000 trucks annually—before shifting to localized manufacturing at Giga Berlin as continental demand takes off. 🔄 Pulling off the tight turning radius of standard European two-axle day cabs, this three-axle setup leverages an aggressive front wheel cut and independent front suspension to navigate cramped city streets with ease. ⚖️ Ground-up structural integration fuses the battery straight into the chassis, keeping unladen curb weight down to an astonishing 9,100 kilograms to unlock maximum legal payload. 🚛 Built tough for heavy container drayage and intermodal freight corridors across Europe, the tractor is fully engineered and certified to haul up to 44 metric tons of gross combination weight. 🔋 Drivers can crush typical regional freight routes with 550 kilometers of usable, real-world operating range on a single charge. 📦 Backing up these numbers under brutal commercial conditions, every single range and efficiency metric was clocked at a punishing, full 40-metric-ton load rather than an idealized, lightweight marketing run. ⚡ Fleets will see operating costs drop significantly thanks to an outstanding energy consumption benchmark of just 1.0 kilowatt-hour per kilometer. 🛣️ Dual drive axles autonomously divide and conquer, with the rear unit dedicated to super-efficient highway cruising while the mid-axle kicks in seamlessly with instant, massive torque for heavy acceleration. 📷 Ditching bulky external mirrors to slash aerodynamic drag while meeting strict European visibility laws, sleek aerofoil-mounted digital cameras beam wide-angle rear feeds straight onto internal pilot screens. 🪟 Threading through dense European traffic and tight loading docks is vastly safer thanks to a central cockpit position framed by massive, panoramic wraparound glass. 🗺️ Acting as a dynamic in-cab dispatcher, the smart navigation automatically calculates routes and charging stops around vehicle clearance, weight restrictions, live traffic, ambient weather, and road elevation. 🌐 Streamlining production worldwide, the European Semi rides on Tesla’s shared global platform, carrying over the exact same wheelbase, drive axles, high-voltage systems, and thermal loops as the North American standard-range truck. 📊 Real-world commercial reliability is already ironclad, backed by over 28 million total kilometers logged globally, with 19 million driven directly by enterprise customers across regional haul, drayage, and line-haul routes. 🧪 Extended fleet trials have logged over 400,000 kilometers through Tesla's intensive customer pilot program to thoroughly validate real-world duty cycles before delivery. ⏱️ Fleets achieved an outstanding 98% uptime rate this year, allowing operators to boost asset utilization and haul more freight with fewer total trucks. 🛠️ Rapid maintenance turnaround and high uptime across Europe will be anchored by dedicated Semi service centers staffed by technicians backed by more than a decade of high-voltage EV powertrain expertise. 🔌 Drivers can recover 300 kilometers of range—over 60% of the entire battery pack—in a routine 30-minute rest stop using ultra-fast 800 kW charging. ⚡ Future-proofing European freight corridors, Tesla is deploying over 100 Megawatt Charging System (MCS) stalls next year, pumping out an astonishing 1.2 megawatts of peak power per stall with open compatibility for other commercial electric haulers. 🏢 Depot charging gets radically simplified with the all-new Base Charger, packing all power electronics directly into the post to eliminate massive external utility cabinets. 💰 Starting at roughly $17,000 on Tesla's website, each 120 kW Base Charger can also be daisy-chained in trios to pull 40 kW each, easily working around local grid power constraints. 🔱 FINAL VERDICT: Will it conquer Europe? 📈 Why it wins on paper: • Zero payload penalty: A 9,100 kg tare weight combined with EU zero-emission weight allowances (up to 44t) matches diesel freight capacity. • Regulatory harmony: The 550 km range and 30-minute 800 kW recharge naturally fit mandatory EU driver rest rules (a 45-minute break every 4.5 hours). • Unmatched efficiency: At 1.0 kWh/km under full load, operating cost economics will aggressively outperform both diesel and European electric incumbents. ⚠️ Where the real fight begins: • Fleet entrenchment: Legacy European haulers run on long-term relationships and deeply integrated maintenance networks; Tesla must prove its dedicated service centers can match decades of local dealer support. • Import constraints: Sourcing early units from Nevada will cap deployment volume until manufacturing is officially localized at Giga Berlin. KEY TAKEAWAY: The hardware is a home run for European regional logistics. Continental dominance now comes down to how quickly Tesla builds out its European service footprint.