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FedEx pilots face pay cuts, buyouts as contract talks resume
FreightWaves via Yahoo Finance· 5 months agoFedEx Express wants to compensate for a surplus of pilots by lowering guaranteed pay and offering...
FedEx Gives Air Network a Facelift as Mechanics Call to Unionize
Sourcing Journal via Yahoo News· 5 months agoAlready conducting ongoing contract negotiations with its unionized pilots, FedEx now has another...
FedEx pilots’ deal talks with company falter
The Hill via Yahoo News· 10 months agoUnionized FedEx pilots rejected a tentative agreement with the company on Monday as talks between the union and company falter. The Air Line Pilots...
FedEx Pilots Open Door for Strike After Calling for End to Mediation
Sourcing Journal via Yahoo News· 3 months agoFedEx’s 5,800 unionized pilots may be getting closer to a strike after nearly three years of...
FedEx Cuts 2024 Revenue Forecast on Weak Demand
Sourcing Journal via Yahoo News· 5 months agoFedEx cut its full-year 2024 revenue forecast as soft demand resulted in fewer-than-expected sales and income in the second quarter, sending the...
FedEx’s 2024 rate increase below prior-year levels
FreightWaves via Yahoo Finance· 9 months agoFedEx is levying a 5.9% general rate increase on Express and Ground shipments in a possible attempt to undercut UPS. The post FedEx’s 2024 rate increase...
FedEx cost cuts outrunning revenue weakness, for now
FreightWaves via Yahoo Finance· 8 months agoFedEx’s fiscal first-quarter results give efficiency the nod over growth. (Photo: Jim Allen/FreightWaves) The post FedEx cost cuts outrunning revenue...
FedEx pilots reject 30% pay hike proposal, but a strike isn’t imminent
CNN Business via Yahoo Finance· 10 months agoPilots for FedEx have rejected a tentative labor deal. But that doesn’t mean they’re about to walk...
FedEx warns delivery drivers to have 'heightened security awareness' if UPS workers go on strike
Business Insider via Yahoo News· 11 months agoUPS workers walked a 'practice picket line' on July 7, 2023, in the Queens borough of New York City,...
FedEx Raises Peak Season Surcharges, 2024 Shipping Rates
Sourcing Journal via Yahoo News· 9 months agoFedEx is raising surcharges for the 2023 peak season and also unveiled its general rate increase...