What’s News in Earnings: How Logistics Operators Are Navigating Trade War Turmoil

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  Hey listeners, your money briefing is on a break,

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  but we're still here to keep you informed on important money matters.

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  Today we've got a peek under the hood of the US Economy courtesy of earnings season and company's financial reports.

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  Hey listeners, it's Friday, August 1st.

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  I'm Liz Young for the Wall Street Journal.

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  This is what's News and Earnings,

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  our look at the broad themes that stood out in the latest earnings season.

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  Today we're taking a look at the logistics industry,

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  those behind the scenes companies you may not think much about,

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  but that are responsible for delivering you the goods you use every day.

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  One of the biggest headlines of this earnings season has been the news that two railroad giants plan to merge in a deal that would create the first coast to coast rail operator in U.S. history.

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  The deal would tie together the networks of Union Pacific,

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  which operates to the west of the Mississippi river,

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  and Norfolk Southern, which has lines to the east.

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  Beyond the railroads, companies such as warehouse operator prologis,

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  trucking giant JB Hunt and parcel carrier United Parcel Service have been navigating rapid shifts in freight demand due to to President Trump's trade war.

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