FedEx’s Smith ‘Misleading’ Public on Legislation, Oberstar Says

Discussion in 'The Latest FedEx Headlines' started by cheryl, May 20, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx’s Smith ‘Misleading’ Public on Legislation, Oberstar Says - Bloomberg

    FedEx Corp. Chief Executive Officer Fred Smith is misleading the public on air-safety legislation and “bought his way” to be covered by a 1996 labor law that helped his company, a House committee chairman said.

    U.S. Representative James Oberstar, a Minnesota Democrat and chairman of the House Transportation and Infrastructure Committee, rejected Smith’s characterization that a labor measure the chairman wrote is holding up aviation-safety legislation.

    Smith is “peddling a false image” of the bill’s status, Oberstar told reporters today on a conference call after meeting relatives of victims in a Colgan Air crash who are pushing for action on the measure. “He ought to be telling the truth rather than misleading the public.”