Tag: FedEx Express

FedEx Appeals Ruling On Late Delivery Class Action

Posted by | Oct 19, 2002 | |

FedEx Express unit expects the U.S. Court of Appeals to rule on its appeal of a class-action judgment in 12 to 18 months, according to a document filed Friday with the Securities and Exchange Commission.The lawsuit was filed against FedEx Express, alleging that customers who had late deliveries during the 1997 Teamsters strike at United Parcel Service were entitled to a full refund of shipping charges under a money-back guarantee, regardless of whether they gave timely notice of their claim.

Read More

FedEx suspends employee profit sharing

Posted by | May 23, 2001 | |

Employees are finding out exactly what “stringent cost controls” really means at Memphis-based FedEx Corp. as the economy continues to deteriorate its core overnight air express business. For instance, approximately 150,000 employees, including management, of FedEx Corp., the holding company, and its FedEx Express and FedEx Services units have had their profit sharing benefits suspended indefinitely. Profit sharing will not be paid out for the second half of fiscal 2001 as well as for the entire fiscal 2002 unless the company’s business improves significantly, confirmed Shirlee Clark, FedEx spokesman, Monday.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



View ResultsHide Results

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

Subscribe to MER

 

News Archive

Pin It on Pinterest