Wednesday, April 1, 2009
FedEx threatening Congress
The US Congress is currently considering a law that would make it easier for unions to organize at locations like FedEx. FedEx's response: the company is currently threatening to cancel the purchase of billions of dollars worth of new cargo planes from Boeing if the law passes. Only about 1.5% of FedEx's employees are unionized (just the pilots) compared to over 1/2 of UPS' workforce. According to a FexEx spokesman, "the legislation could cripple the company and eliminate the need for the extra planes."