FedEx Pilots Ratify Contract

Share this content:
Federal Express Corp. and the FedEx Pilots Association, Memphis, announced late last week that the union's membership has ratified its five-year collective bargaining agreement, which takes effect on May 31.


FPA members, who threatened to strike last year during the critical holiday season but settled on a 60-day moratorium that precluded this possibility, received a contract Jan. 4 and had 30 days to vote on it.


The contract gives the pilots a 17 percent average wage increase over five years and a 3.4 percent average annual increase. Also, pilots receive enhanced retirement benefits and direct input on scheduling issues The five-year contract also prevents a labor strike anytime during that time period.


"The vote affirms our pilots' commitment to serving our customers," said Ted Weise, FedEx president/CEO in a statement. "This contract keeps our pilots' compensation package competitive with peers at the major airlines, and it recognizes the vital contributions they provide in maintaining FedEx's leadership position in our industry."
Loading links....
close

Next Article in Postal

Sign up to our newsletters

Company of the Week

We recently were named B2B Magazine's Direct Marketing Agency of the Year, and with good reason: We make real, measureable, positive change happen for our clients. A full-service agency founded in 1974, Bader Rutter expertly helps you get the right message to the right audience at the right time through the right channels. As we engage our clients' audiences along their journey, direct marketing (email, direct mail, phone, SMS) and behavioral marketing (SEM, retargeting, contextual) channels deliver information relevant to the needs of each stage. We are experts at implementing and leveraging marketing technologies such as CRM and marketing automation in order to synchronize sales and marketing communications. Our team of architects and activators plan, execute, measure and adjust in real time to ensure the strategy is working as needed and change things if it's not.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here