This episode of Freightonomics begins with breaking news: Uber Freight acquired Transplace in a $2.25 billion deal. Hosts Anthony Smith and Zach Strickland discuss what this means for the freight marketplace. 

The two also run through Q2 earnings for Covenant Logistics and Union Pacific. 

Dustin Jalbert, senior economist at Wood Products, joins the show to discuss Smith’s favorite topic: lumber prices. The three look at the historic run on lumber that had prices as high as $1,500 and now are settling around the $500 range. They also explore how lumber changes based on demand, both for new housing starts and for existing home renovations. 

Jalbert also talks about how wildfires can affect the lumber market and the Canadian tariffs and whether it is best to look at slabs or starts when it comes to new homes. 

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