financetom
Business
financetom
/
Business
/
FedEx Express pilots request government agency to end mediation with company
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FedEx Express pilots request government agency to end mediation with company
Mar 8, 2024 12:37 PM

March 8 (Reuters) - FedEx Express pilots represented by

the Air Line Pilots Association union have asked the National

Mediation Board to end mediation with the company, a potential

move toward strike action to secure a new agreement, the union

said on Friday.

The federal mediation started in October 2022, more than a

year after the union and the company started negotiating a new

agreement.

A tentative agreement, which offered a 30% pay increase and

improved pension benefits, was rejected in July last year, with

mediated discussions resuming in November.

"FedEx ( FDX ) pilot leaders have become increasingly frustrated

with management's lack of movement on key contract sections,"

according to the union.

FedEx ( FDX ) did not immediately respond to a request for

comment.

FedEx ( FDX ) pilots are currently working under a contract arrived

at in 2015, and negotiations over a new agreement began in 2021.

Aviators are enjoying a strong bargaining power as resilient

demand and a tight labor market in the sector have motivated

pilots to push for better contracts with airlines and parcel

firms.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Restaurant Brands International Q1 Adjusted EPS Decreases, Revenue Rises
Restaurant Brands International Q1 Adjusted EPS Decreases, Revenue Rises
Apr 30, 2024
09:25 AM EDT, 04/30/2024 (MT Newswires) -- Restaurant Brands International (QSR) reported Q1 adjusted earnings Tuesday of $0.73 per diluted share, down from $0.75 a year earlier. Analysts polled by Capital IQ expected $0.72. Revenue for the quarter ended March 31 was $1.74 billion, up from $1.59 billion a year earlier. Analysts surveyed by Capital IQ expected $1.70 billion. Price:...
Biden Administration to Require New Safety Features on Cars, Light Trucks by 2029
Biden Administration to Require New Safety Features on Cars, Light Trucks by 2029
Apr 30, 2024
09:27 AM EDT, 04/30/2024 (MT Newswires) -- The National Highway Traffic Safety Administration said it finalized rule Monday that will make automatic emergency braking, including for pedestrians, standard on all passenger light trucks and cars by September 2029. The new standard will save at least 360 lives per year and prevent at least 24,000 injuries annually, according to the NHTSA....
Bitcoin Mining Stocks Are Sliding Tuesday: What's Going On?
Bitcoin Mining Stocks Are Sliding Tuesday: What's Going On?
Apr 30, 2024
Shares of several Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc , Riot Platforms Inc  and CleanSpark Inc are trading lower Tuesday amid a drop in the price of bitcoin. Here's what you need to know.  What To Know: Bitcoin was down about 2.22% over a 24-hour period, hovering around $61,180 at the time of writing. The world’s largest crypto continues to pull back from its highs as demand for bitcoin...
Lightspeed Commerce Gives Q4 Product Updates For Retail, Hospitality Clients
Lightspeed Commerce Gives Q4 Product Updates For Retail, Hospitality Clients
Apr 30, 2024
09:24 AM EDT, 04/30/2024 (MT Newswires) -- Lightspeed Commerce ( LSPD ) , a one-stop commerce platform for merchants, on Tuesday highlighted improvements to the products and services shipped in the fourth quarter to increase scalability through data-driven insights. Lightspeed Retail will now automatically calculate the right markup and price based on retailers' desired margins for each product and its...
Copyright 2023-2025 - www.financetom.com All Rights Reserved