Posts tagged National Railway Act
Opinion: How to Cool Down Labor Unrest at the Ports
October 31, 2024 // Congress should put ports under the same labor-relations law that governs railroads and airlines.
FedEx Announces Company Restructure As Pilots Picket
April 6, 2023 // FedEx Corporation will consolidate its operating companies into one unified organization, “Federal Express Corporation,” a restructuring it says will help streamline operations and enable a distinct focus on air and international volume. FedEx called the consolidation an important step in its “DRIVE” transformation, which seeks to reduce costs to the tune of $4 billion by the end of fiscal 2025, including $1.3 billion in its air network and international operations. The company’s April 5 investor call announcing the changes came as FedEx Express pilots picketed on Wall Street over continued contract negotiations that began in May 2021. As part of the executive changes effective April 16, FedEx Ground President and CEO John Smith will become president and CEO of U.S. and Canada Ground Operations at FedEx Express and assume leadership of surface operations across the FedEx Express, FedEx Ground, and FedEx Freight businesses. Additionally, Richard Smith will begin serving as president and CEO, Airline and International at FedEx Express, overseeing all other regions and FedEx Logistics.