FedEx Photo 124968474 Business © Grzegorz Kieca Dreamstime.com
© Grzegorz Kieca

FedEx and UPS have entered the new year with plans to trim their workforce more, starting 2024 on a defensive note.

At FedEx, more cutbacks loom over the integrator’s pilots, while UPS intends to eliminate positions at its Centennial hub in Louisville.

According to a report by FreightWaves, FedEx management is looking for as many as 400 redundancies in its flight crews through early retirement, flanked by reductions in the minimum hours pilots are paid for.

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