FedEx Inc. has reportedly reached a tentative agreement with its pilots union on a new labor contract that could avert a potential strike.
FedEx has reached a tentative agreement with pilots that will keep its delivery unit up in the air.
The pilot's union had voted in favor of a strike earlier this month seeking higher pay, the package delivery company.had voted "overwhelmingly" in favor of a strike if needed when it had entered the final stages of contract negotiations. The agreement prevents a possible strike after 99% of about 6,000 FedEx Express pilots that ALPA represents voted in favor of one."We are pleased to have reached a tentative agreement with our pilots as we continue delivering outstanding service to our customers around the world," a FedEx spokesperson told FOX Business in a statement.
Pilots’ unions reportedly have more leverage to push for increased pay and changes in scheduling practices, following the shortage of pilots industry-wide that came about as carriers encouraged retirement during the COVID-19 pandemic.
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