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FedEx Express soon plans to cut the minimum number of flight hours guaranteed to pilots by 13% and push 400 senior crew members to early retirement as quickly as possible to address severe overstaffing amid a prolonged falloff in parcel volumes, according to internal communications obtained by FreightWaves. An additional 200 to 300 pilots could…
Railroads, shippers and unions are tracking hot topics ranging from service improvement to government oversight to safety regulations in 2024. Here is an overview. Reciprocal switching, common carrier obligation The Surface Transportation Board is continuing work on rail service issues, including finalizing a rulemaking on reciprocal switching in the first half of the year, if…
WASHINGTON — The White House has warned that the potential for higher shipping costs to affect the U.S. economy amid diversion of ships from the Red Sea will depend on how long Houthi rebels sustain their attacks on commercial vessels. “If we weren’t concerned, we wouldn’t have stood up an operation in the Red Sea,…
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this week’s edition from the November 1984 issue, we take a look at the…