Freight Scoop

U.S. Rail Freight Sees Annual Gains in Carloads and Intermodal Volumes for September: AAR Report

In September, there were year-over-year increases in both rail carload and intermodal volumes in the United States, according to recent data published by the Association of American Railroads (AAR). The total number of rail carloads for the month reached 921,716, reflecting a 2.3% annual growth, equivalent to 20,754 more carloads. When coal is excluded from…

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Estes Express confirmed the cyberattack news

There was widespread news of Estes Express becoming a target of cyberattack, which they confirmed today. The company has not shared any other details or the extent of the attack. Estes Express shared below message on their website and social media: “Yesterday we shared a notice regarding an ongoing IT infrastructure outage and can confirm…

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Texas will spend over $200 million to boost it’s Seaports infrastructure

AUSTIN – The Texas Transportation Commission has approved historic funding for Texas ports that will help increase trade, improve safety and provide a more robust supply chain. The funding comes from a bill passed in this year’s 88th Legislative Session, signed by Gov. Greg Abbott.The Commission approved $200 million, the first funding of its kind in Texas,…

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Federal Judge Rules Against Total Quality Logistics in Overtime Pay Lawsuit

In a significant legal decision, U.S. District Judge Michael Barrett has found Total Quality Logistics (TQL), the second-largest freight brokerage in the United States, in violation of federal labor laws. The ruling, issued on September 26, comes after an 18-month-long legal battle and a 12-day bench trial that concluded in March 2022. Judge Barrett’s ruling…

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FedEx Reports Strong First Quarter Results Amid Global Transformation

MEMPHIS, Tenn. – FedEx Corp. (NYSE: FDX) has released its consolidated results for the first quarter ending on August 31, 2023, marking a strong start to fiscal year 2024. Raj Subramaniam, President, and CEO of FedEx Corp, expressed optimism, stating, “We started fiscal 2024 with strong momentum as our global transformation actions take hold and…

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