Attached you will find Volume 2 Issue #5 of our Nuts and Bolts newsletter.

Responding to criticism that his agency has become too cozy with companies it regulates, the new head of the Federal Aviation Administration said Thursday the FAA will stop calling airlines "customers," as he announced steps to ensure air carriers comply with safety orders.

Here is important information on the company’s annual shareholders meeting.

RiskMetrics Group and PROXY Governance, Inc. have recommended that FedEx Corporation (NYSE: FDX) shareholders vote for the Teamsters’ proposal calling for an independent board chairman at FedEx’s annual meeting on September 28, 2009.

Read this article on some bad news from the IRS for FedEx. This is an ongoing issue with FedEx Ground.

The International Brotherhood of Teamsters is teaming up against FedEx (FDX). The union urged shareholders Monday to support its attempt at splitting the roles of FedEx chairman and CEO.

The International Brotherhood of Teamsters union urged shareholders of Fedex Corp (FDX.N) on Monday to back its effort to separate the positions of chairman and chief executive at the U.S. package delivery giant.

The International Brotherhood of Teamsters today asked shareholders of FedEx Corporation (NYSE: FDX) to support the union’s proposal for an independent board chairman at FedEx’s upcoming annual meeting.

Your fellow coworkers and Organizing Committee members got together and created this Don't Do FedEx’s Dirty Work flier for distribution to our fellow workers within the FedEx Express system. This flier asks coworkers not to participate in the company's call to attempt to defeat our legislation "the Express Carrier Employee Protection" Act.

By Dave Updegraff, Sr. AMT, Indianapolis

I am a Sr. Aircraft Mechanic at FedEx, 12 plus years now. During my years at FedEx, the company has always turned a profit. This is a good thing. I have mixed feelings about what FedEx is doing.