This episode of FreightWaves Morning Minute covers the ongoing debate in Congress regarding rail safety technology, with a House subcommittee hearing highlighting the partisan divide over its implementation. Republicans advocate for technological innovation and modernization of regulations, while Democrats emphasize that advancements should not compromise worker safety. Much of the discussion centered on automated track inspection and the extent to which railroads should be allowed to reduce traditional visual inspections.
FedEx has permanently retired 12 freighter aircraft and incurred a $21 million impairment charge in the fourth quarter as part of its effort to streamline its air network and modernize its fleet. The removed aircraft include seven Airbus A300-600s, three MD-11 tri-engine freighters, and two Boeing 757-200s, in addition to 22 Boeing 757 cargo jets decommissioned in the fourth quarter of 2024. FedEx plans to reduce aircraft investment to $1 billion in the current fiscal year and maintain that level for several years.
A recent surge in layoffs impacted the food production, distribution, and retail sectors across the U.S., with over 1,500 job cuts announced since the beginning of May. Notable companies affected include United Natural Foods Inc. (UNFI), which is closing a distribution center and eliminating 716 jobs, and Albertsons, which has laid off 275 corporate employees in Phoenix. Additionally, Amazon Fresh closed a grocery store in Seattle, leading to 125 job cuts.
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