FedEx vs. UPS: The Gloves Come Off Over Labor - Gerson Lehman
Here's the skinny: FedEx is threatening to cancel billions of dollars of cargo plane orders from Boeing if the Employee Free Choice Act becomes law.
What FedEx really is objecting to is UPS's behind-the-scenes lobbying on behalf of the EFCA. Why? UPS already is organized, with about 240,000 of its 425,000 workers belonging to the Teamsters union.
How this turns out will go a long way to deciding which of these giants can dominate the freight sector in the coming years.
Here's the skinny: FedEx is threatening to cancel billions of dollars of cargo plane orders from Boeing if the Employee Free Choice Act becomes law.
What FedEx really is objecting to is UPS's behind-the-scenes lobbying on behalf of the EFCA. Why? UPS already is organized, with about 240,000 of its 425,000 workers belonging to the Teamsters union.
How this turns out will go a long way to deciding which of these giants can dominate the freight sector in the coming years.