'A market ripe for disruption' says FedEx, as it targets air cargo traffic
FedEx is aiming to take a bigger bite out of the traditional air cargo market. Four ...
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SEEKING ALPHA reports:
FedEx Corporation (NYSE:FDX) fell in afternoon trading on Wednesday after pilot leaders disclosed that they unanimously passed a resolution authorizing FedEx Air Line Pilots Association Chair Captain Chris Norman to call for a strike authorization vote when the appropriate time is determined. The step was noted to have been endorsed by ALPA President Captain Jason Ambrosi.
A strike will only occur if negotiations break down and the federal government authorizes a walkout after the parties exhaust the required procedures of the Railway Labor Act…
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