07/08/2008 - 5:08pm
More than 100 teams made up of FedEx Express mechanics class and craft, Teamster mechanics and related members, local union and IBT organizers from across North America took part in the largest house visits blitz in Teamster history last month in Memphis. Hundreds of FedEx Express workers in Memphis were contacted during the two-day blitz that took place in conjunction with the Teamsters Fifth Annual Organizers Conference.
07/08/2008 - 10:49am
On June 1st, 2008, in spite of robust earnings, a healthy balance
sheet, and increasing revenue year after year for each of the last 20
years, FedEx Express froze its non union employees pension plan. It
replaced the plan with a 401k contribution (up to 3.5% of gross pay if
you qualify), and a variable contribution Portable Pension Plan plan
that has its interest earning rate capped at the 30 year Treasury Bill
rate, which for 2008 hovered between 4.32% and 4.66%. Click the more
link below to read more and see what a 30 year employee has to say
about the pension changes.
07/07/2008 - 2:29pm
We, as FedEx Express employees, have lived and enjoyed working for a
company that had historically utilized the PSP Philosophy. Take care
of your people, and your people will take care of you. This was a good
idea and worked well for FedEx as the company established and developed
itself in a new industry.